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GAINESBORO, TN 38562

Real Estate Market Report  ·  Jackson County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
42
vs 42 last year
Pending
10
24% pending ratio
Median Price
$362,000
⇧ 21.2% vs $298,675 last year
Average Price
$420,960
⇧ 10.2% vs $382,143 last year
Days on Market
87
⇩ 7.4% vs 94 days last year

Market Context

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

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

Market Analysis

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

The GAINESBORO, TN real estate market (38562) currently shows 42 active listings, with 10 pending sales. Homes are averaging 87 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 87 days on market compared to 94 days last year.

The median listing price has risen 21.2% year-over-year, from $298,675 to $362,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 87 now vs 94 last year

Median & Average Pricing

Year over Year
  • Median: $362,000 (+21.2% YoY)
  • Average: $420,960 (+10.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.7 miles — 331 listings ($151,903,198 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38562Gainesboro, TN 385620.0 mi42$17,680,320$362,000$420,960
38588Whitleyville, TN 385887.9 mi8$3,818,840$357,450$477,355
38501Cookeville, TN 3850111.0 mi143$66,090,024$399,900$462,168
38552Chestnut Mound, TN 3855212.6 mi3$938,799$299,900$312,933
38560Elmwood, TN 3856014.3 mi5$2,812,160$504,900$562,432
38548Buffalo Valley, TN 3854814.4 mi2$1,683,900$841,950$841,950
38544Baxter, TN 3854416.3 mi64$26,807,872$349,900$418,873
37030Carthage, TN 3703017.1 mi39$14,337,453$334,000$367,627
38582Silver Point, TN 3858218.6 mi9$11,090,313$569,900$1,232,257
38569Lancaster, TN 3856920.1 mi8$4,054,968$534,900$506,871
37057Dixon Springs, TN 3705720.8 mi3$759,699$219,900$253,233
42151Hestand, KY 4215121.2 mi2$629,000$314,500$314,500
37151Riddleton, TN 3715121.7 mi3$1,199,850$399,950$399,950

Frequently Asked Questions

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

As of January 2026, there are 42 active listings in GAINESBORO, TN (zip code 38562), compared to 42 the prior year.

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

The median listing price in GAINESBORO, TN 38562 is $362,000 as of January 2026, a 21.2% increase from $298,675 the prior year.

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

Homes in GAINESBORO, TN 38562 spend an average of 87 days on the market before going under contract, compared to 94 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 January 2026, GAINESBORO, TN 38562 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 87 days on market compared to 94 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 $7,240 compared to a typical 5% commission on the median listing price of $362,000. 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.