Active Listings
31
⇩ 6.1% vs 33 last year
Population: 4,643 · Density: 9.7/mi² · Median household income: $43,247
Typical home value: $117,109 · Homeownership: 76.3%
Data as of January 2026. Source: Realtor.com.
The SPENCER, TN real estate market (38585) currently shows 31 active listings, with 6 pending sales. Homes are averaging 99 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 99 days on market compared to 106 days last year.
The median listing price has fallen 10.9% year-over-year, from $297,550 to $265,000.
Whether you are buying or selling in SPENCER, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38585 | Spencer, TN 38585 | 0.0 mi | 31 | $10,633,155 | $265,000 | $343,005 |
| 38581 | Rock Island, TN 38581 | 11.6 mi | 19 | $12,170,773 | $310,000 | $640,567 |
| 37367 | Pikeville, TN 37367 | 12.2 mi | 50 | $19,058,200 | $307,450 | $381,164 |
| 38583 | Sparta, TN 38583 | 17.7 mi | 175 | $81,956,175 | $339,900 | $468,321 |
| 37327 | Dunlap, TN 37327 | 18.5 mi | 99 | $51,715,026 | $385,000 | $522,374 |
| 37338 | Graysville, TN 37338 | 22.0 mi | 22 | $10,240,428 | $352,000 | $465,474 |
| 37365 | Palmer, TN 37365 | 22.9 mi | 10 | $4,068,430 | $268,000 | $406,843 |
| 37166 | Smithville, TN 37166 | 26.2 mi | 131 | $68,164,409 | $398,000 | $520,339 |
| 37321 | Dayton, TN 37321 | 26.7 mi | 81 | $39,947,823 | $357,450 | $493,183 |
| 37313 | Coalmont, TN 37313 | 26.8 mi | 5 | $2,841,335 | $529,900 | $568,267 |
| 37301 | Altamont, TN 37301 | 28.1 mi | 10 | $5,935,880 | $359,950 | $593,588 |
| 37357 | Morrison, TN 37357 | 28.7 mi | 23 | $10,257,264 | $435,000 | $445,968 |
| 37379 | Soddy Daisy, TN 37379 | 30.7 mi | 143 | $85,964,307 | $471,950 | $601,149 |
As of January 2026, there are 31 active listings in SPENCER, TN (zip code 38585), compared to 33 the prior year.
The median listing price in SPENCER, TN 38585 is $265,000 as of January 2026, a 10.9% decrease from $297,550 the prior year.
Homes in SPENCER, TN 38585 spend an average of 99 days on the market before going under contract, compared to 106 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SPENCER, TN 38585 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 99 days on market compared to 106 days last year.
With SELL123.com's maximum 3% commission, sellers in SPENCER, TN 38585 save an estimated $5,300 compared to a typical 5% commission on the median listing price of $265,000. 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.