Data as of September 2026. Source: Realtor.com.
The ELMWOOD, TN real estate market (38560) currently shows 10 active listings, with 5 pending sales. Homes are averaging 85 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 85 days on market compared to 44 days last year.
The median listing price has fallen 51.6% year-over-year, from $824,929 to $399,000.
Population: 1,531 · Density: 17.9/mi² · Median household income: $58,068
Typical home value: $171,241 · Homeownership: 70.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38560 | Elmwood, TN 38560 | 0.0 mi | 6 | $2,994,828 | $462,450 | $499,138 |
| 37030 | Carthage, TN 37030 | 5.2 mi | 41 | $15,267,990 | $337,500 | $372,390 |
| 38564 | Granville, TN 38564 | 7.0 mi | 9 | $6,213,294 | $454,900 | $690,366 |
| 38563 | Gordonsville, TN 38563 | 8.4 mi | 28 | $11,348,288 | $368,900 | $405,296 |
| 38547 | Brush Creek, TN 38547 | 9.6 mi | 10 | $5,567,910 | $498,425 | $556,791 |
| 37151 | Riddleton, TN 37151 | 11.1 mi | 2 | $974,850 | $487,425 | $487,425 |
| 38545 | Bloomington Springs, TN 38545 | 11.8 mi | 4 | $1,643,168 | $393,475 | $410,792 |
| 38544 | Baxter, TN 38544 | 14.3 mi | 65 | $27,044,615 | $349,900 | $416,071 |
| 37057 | Dixon Springs, TN 37057 | 14.6 mi | 4 | $1,216,268 | $307,400 | $304,067 |
| 38588 | Whitleyville, TN 38588 | 17.5 mi | 7 | $3,420,445 | $428,682 | $488,635 |
| 37184 | Watertown, TN 37184 | 18.4 mi | 25 | $17,364,375 | $614,250 | $694,575 |
| 37074 | Hartsville, TN 37074 | 19.8 mi | 54 | $28,266,840 | $469,900 | $523,460 |
| 37166 | Smithville, TN 37166 | 21.9 mi | 138 | $74,433,888 | $398,000 | $539,376 |
As of September 2026, there are 10 active listings in ELMWOOD, TN (zip code 38560), compared to 6 the prior year.
The median listing price in ELMWOOD, TN 38560 is $399,000 as of September 2026, a 51.6% decrease from $824,929 the prior year.
Homes in ELMWOOD, TN 38560 spend an average of 85 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ELMWOOD, TN 38560 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in ELMWOOD, TN 38560 save an estimated $7,980 compared to a typical 5% commission on the median listing price of $399,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.