Data as of April 2026. Source: Realtor.com.
The SPENCER, TN real estate market (38585) currently shows 38 active listings, with 8 pending sales. Homes are averaging 60 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 60 days on market compared to 98 days last year.
The median listing price has risen 41.8% year-over-year, from $259,998 to $368,675.
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 April 2026, there are 38 active listings in SPENCER, TN (zip code 38585), compared to 37 the prior year.
The median listing price in SPENCER, TN 38585 is $368,675 as of April 2026, a 41.8% increase from $259,998 the prior year.
Homes in SPENCER, TN 38585 spend an average of 60 days on the market before going under contract, compared to 98 days the prior year.
Based on current inventory and days-on-market data as of April 2026, SPENCER, TN 38585 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 60 days on market compared to 98 days last year.
With SELL123.com's maximum 3% commission, sellers in SPENCER, TN 38585 save an estimated $7,374 compared to a typical 5% commission on the median listing price of $368,675. 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.