Data as of July 2026. Source: Realtor.com.
The SPENCER, TN real estate market (38585) currently shows 29 active listings, with 4 pending sales. Homes are averaging 76 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 76 days on market compared to 97 days last year.
The median listing price has risen 25.8% year-over-year, from $320,000 to $402,425.
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.
Population: 4,643 · Density: 9.7/mi² · Median household income: $43,247
Typical home value: $117,109 · Homeownership: 76.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38585 | Spencer, TN 38585 | 0.0 mi | 31 | $10,901,739 | $301,725 | $351,669 |
| 38581 | Rock Island, TN 38581 | 11.6 mi | 22 | $12,721,456 | $304,950 | $578,248 |
| 37367 | Pikeville, TN 37367 | 12.2 mi | 54 | $21,827,232 | $329,000 | $404,208 |
| 38583 | Sparta, TN 38583 | 17.7 mi | 181 | $87,120,911 | $349,675 | $481,331 |
| 37327 | Dunlap, TN 37327 | 18.5 mi | 100 | $49,706,100 | $367,450 | $497,061 |
| 37338 | Graysville, TN 37338 | 22.0 mi | 27 | $12,262,293 | $356,250 | $454,159 |
| 37365 | Palmer, TN 37365 | 22.9 mi | 11 | $4,353,118 | $248,500 | $395,738 |
| 37166 | Smithville, TN 37166 | 26.2 mi | 138 | $74,433,888 | $398,000 | $539,376 |
| 37321 | Dayton, TN 37321 | 26.7 mi | 83 | $37,785,501 | $349,925 | $455,247 |
| 37313 | Coalmont, TN 37313 | 26.8 mi | 5 | $2,737,415 | $507,450 | $547,483 |
| 37301 | Altamont, TN 37301 | 28.1 mi | 8 | $4,771,152 | $359,950 | $596,394 |
| 37357 | Morrison, TN 37357 | 28.7 mi | 27 | $10,567,233 | $299,750 | $391,379 |
| 37379 | Soddy Daisy, TN 37379 | 30.7 mi | 149 | $82,267,817 | $515,000 | $552,133 |
As of July 2026, there are 29 active listings in SPENCER, TN (zip code 38585), compared to 30 the prior year.
The median listing price in SPENCER, TN 38585 is $402,425 as of July 2026, a 25.8% increase from $320,000 the prior year.
Homes in SPENCER, TN 38585 spend an average of 76 days on the market before going under contract, compared to 97 days the prior year.
Based on current inventory and days-on-market data as of July 2026, SPENCER, TN 38585 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 76 days on market compared to 97 days last year.
With SELL123.com's maximum 3% commission, sellers in SPENCER, TN 38585 save an estimated $8,049 compared to a typical 5% commission on the median listing price of $402,425. 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.