Data as of April 2026. Source: Realtor.com.
The GAINESBORO, TN real estate market (38562) currently shows 31 active listings, with 9 pending sales. Homes are averaging 74 days on the market before going under contract.
Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 74 days on market compared to 53 days last year.
The median listing price has risen 4.5% year-over-year, from $298,750 to $312,087.
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.
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 April 2026, there are 31 active listings in GAINESBORO, TN (zip code 38562), compared to 45 the prior year.
The median listing price in GAINESBORO, TN 38562 is $312,087 as of April 2026, a 4.5% increase from $298,750 the prior year.
Homes in GAINESBORO, TN 38562 spend an average of 74 days on the market before going under contract, compared to 53 days the prior year.
Based on current inventory and days-on-market data as of April 2026, GAINESBORO, TN 38562 is currently a Balanced Market. Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 74 days on market compared to 53 days last year.
With SELL123.com's maximum 3% commission, sellers in GAINESBORO, TN 38562 save an estimated $6,242 compared to a typical 5% commission on the median listing price of $312,087. 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.