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GAINESBORO, TN 38562

Real Estate Market Report  ·  Jackson County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The GAINESBORO, TN real estate market (38562) currently shows 33 active listings, with 9 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 78 days on market compared to 99 days last year.

The median listing price has risen 2.8% year-over-year, from $329,000 to $338,220.

Whether you are buying or selling in GAINESBORO, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 6,681  ·  Density: 18.4/mi²  ·  Median household income: $39,402

Typical home value: $124,325  ·  Homeownership: 81.9%

Market Overview

Active Listings
33
⇩ 23.3% vs 43 last year
Pending
9
27% pending ratio
Median Price
$338,220
⇧ 2.8% vs $329,000 last year
Average Price
$425,237
⇧ 4.9% vs $405,376 last year
Days on Market
78
⇩ 21.2% vs 99 days last year

Price Per Square Foot

Median $/sqft
$201
⇩ 2.4% vs $206/sqft last year
Median Home Size
1,800 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 33 this year vs 43 last year
  • Days on market: 78 now vs 99 last year

Median & Average Pricing

Year over Year
  • Median: $338,220 (+2.8% YoY)
  • Average: $425,237 (+4.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.7 miles — 335 listings ($145,657,546 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38562Gainesboro, TN 385620.0 mi38$16,268,864$354,248$428,128
38588Whitleyville, TN 385887.9 mi7$3,420,445$428,682$488,635
38501Cookeville, TN 3850111.0 mi150$68,051,250$399,800$453,675
38552Chestnut Mound, TN 3855212.6 mi3$933,126$299,225$311,042
38560Elmwood, TN 3856014.3 mi6$2,994,828$462,450$499,138
38548Buffalo Valley, TN 3854814.4 mi3$2,223,750$627,250$741,250
38544Baxter, TN 3854416.3 mi65$27,044,615$349,900$416,071
37030Carthage, TN 3703017.1 mi41$15,267,990$337,500$372,390
38582Silver Point, TN 3858218.6 mi6$2,659,080$489,000$443,180
38569Lancaster, TN 3856920.1 mi8$4,042,480$513,425$505,310
37057Dixon Springs, TN 3705720.8 mi4$1,216,268$307,400$304,067
42151Hestand, KY 4215121.2 mi2$560,000$280,000$280,000
37151Riddleton, TN 3715121.7 mi2$974,850$487,425$487,425

Frequently Asked Questions

How many homes are for sale in GAINESBORO, TN 38562?

As of March 2026, there are 33 active listings in GAINESBORO, TN (zip code 38562), compared to 43 the prior year.

What is the median home price in GAINESBORO, TN 38562?

The median listing price in GAINESBORO, TN 38562 is $338,220 as of March 2026, a 2.8% increase from $329,000 the prior year.

How long do homes stay on the market in GAINESBORO, TN?

Homes in GAINESBORO, TN 38562 spend an average of 78 days on the market before going under contract, compared to 99 days the prior year.

Is it a seller's or buyer's market in GAINESBORO, TN 38562?

Based on current inventory and days-on-market data as of March 2026, GAINESBORO, TN 38562 is currently a Seller's Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 78 days on market compared to 99 days last year.

How much can I save on real estate commission in GAINESBORO, TN?

With SELL123.com's maximum 3% commission, sellers in GAINESBORO, TN 38562 save an estimated $6,764 compared to a typical 5% commission on the median listing price of $338,220. 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.