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LANCASTER, TN 38569

Real Estate Market Report  ·  Smith County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
8
⇧ 33.3% vs 6 last year
Pending
1
13% pending ratio
Median Price
$534,900
⇩ 7.6% vs $579,000 last year
Average Price
$506,871
⇩ 40.5% vs $851,730 last year
Days on Market
175
⇧ 78.6% vs 98 days last year

Market Context

Population: 309  ·  Density: 8.9/mi²  ·  Median household income: $0

Typical home value: $0  ·  Homeownership: 81.3%

Market Analysis

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

The LANCASTER, TN real estate market (38569) currently shows 8 active listings, with 1 pending sales. Homes are averaging 175 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 175 days on market compared to 98 days last year.

The median listing price has fallen 7.6% year-over-year, from $579,000 to $534,900.

Whether you are buying or selling in LANCASTER, 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
  • Listings: 8 this year vs 6 last year
  • Days on market: 175 now vs 98 last year

Median & Average Pricing

Year over Year
  • Median: $534,900 (-7.6% YoY)
  • Average: $506,871 (-40.5% 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 22.5 miles — 412 listings ($203,812,186 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38569Lancaster, TN 385690.0 mi8$4,054,968$534,900$506,871
38548Buffalo Valley, TN 385485.7 mi2$1,683,900$841,950$841,950
38552Chestnut Mound, TN 385527.8 mi3$938,799$299,900$312,933
37012Alexandria, TN 370128.7 mi9$3,604,626$369,900$400,514
37059Dowelltown, TN 370599.0 mi10$6,874,630$447,450$687,463
38563Gordonsville, TN 3856310.7 mi27$10,813,608$368,900$400,504
37030Carthage, TN 3703012.5 mi39$14,337,453$334,000$367,627
37166Smithville, TN 3716613.3 mi131$68,164,409$398,000$520,339
37184Watertown, TN 3718416.2 mi19$13,627,959$634,975$717,261
37151Riddleton, TN 3715117.6 mi3$1,199,850$399,950$399,950
38501Cookeville, TN 3850119.5 mi143$66,090,024$399,900$462,168
38587Walling, TN 3858721.4 mi14$7,123,060$398,700$508,790
37118Milton, TN 3711822.5 mi4$5,298,900$1,037,450$1,324,725

Frequently Asked Questions

How many homes are for sale in LANCASTER, TN 38569?

As of January 2026, there are 8 active listings in LANCASTER, TN (zip code 38569), compared to 6 the prior year.

What is the median home price in LANCASTER, TN 38569?

The median listing price in LANCASTER, TN 38569 is $534,900 as of January 2026, a 7.6% decrease from $579,000 the prior year.

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

Homes in LANCASTER, TN 38569 spend an average of 175 days on the market before going under contract, compared to 98 days the prior year.

Is it a seller's or buyer's market in LANCASTER, TN 38569?

Based on current inventory and days-on-market data as of January 2026, LANCASTER, TN 38569 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 175 days on market compared to 98 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LANCASTER, TN 38569 save an estimated $10,698 compared to a typical 5% commission on the median listing price of $534,900. 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.