Data as of September 2026. Source: Realtor.com.
The GAINESBORO, TN real estate market (38562) currently shows 32 active listings, with 7 pending sales. Homes are averaging 73 days on the market before going under contract.
Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 73 days on market compared to 92 days last year.
The median listing price has fallen 14.4% year-over-year, from $344,400 to $294,925.
Population: 6,681 · Density: 18.4/mi² · Median household income: $39,402
Typical home value: $124,325 · Homeownership: 81.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38562 | Gainesboro, TN 38562 | 0.0 mi | 38 | $16,268,864 | $354,248 | $428,128 |
| 38588 | Whitleyville, TN 38588 | 7.9 mi | 7 | $3,420,445 | $428,682 | $488,635 |
| 38501 | Cookeville, TN 38501 | 11.0 mi | 150 | $68,051,250 | $399,800 | $453,675 |
| 38552 | Chestnut Mound, TN 38552 | 12.6 mi | 3 | $933,126 | $299,225 | $311,042 |
| 38560 | Elmwood, TN 38560 | 14.3 mi | 6 | $2,994,828 | $462,450 | $499,138 |
| 38548 | Buffalo Valley, TN 38548 | 14.4 mi | 3 | $2,223,750 | $627,250 | $741,250 |
| 38544 | Baxter, TN 38544 | 16.3 mi | 65 | $27,044,615 | $349,900 | $416,071 |
| 37030 | Carthage, TN 37030 | 17.1 mi | 41 | $15,267,990 | $337,500 | $372,390 |
| 38582 | Silver Point, TN 38582 | 18.6 mi | 6 | $2,659,080 | $489,000 | $443,180 |
| 38569 | Lancaster, TN 38569 | 20.1 mi | 8 | $4,042,480 | $513,425 | $505,310 |
| 37057 | Dixon Springs, TN 37057 | 20.8 mi | 4 | $1,216,268 | $307,400 | $304,067 |
| 42151 | Hestand, KY 42151 | 21.2 mi | 2 | $560,000 | $280,000 | $280,000 |
| 37151 | Riddleton, TN 37151 | 21.7 mi | 2 | $974,850 | $487,425 | $487,425 |
As of September 2026, there are 32 active listings in GAINESBORO, TN (zip code 38562), compared to 41 the prior year.
The median listing price in GAINESBORO, TN 38562 is $294,925 as of September 2026, a 14.4% decrease from $344,400 the prior year.
Homes in GAINESBORO, TN 38562 spend an average of 73 days on the market before going under contract, compared to 92 days the prior year.
Based on current inventory and days-on-market data as of September 2026, GAINESBORO, TN 38562 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 73 days on market compared to 92 days last year.
With SELL123.com's maximum 3% commission, sellers in GAINESBORO, TN 38562 save an estimated $5,899 compared to a typical 5% commission on the median listing price of $294,925. 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.