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WASHBURN, TN 37888

Real Estate Market Report  ·  Grainger County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The WASHBURN, TN real estate market (37888) currently shows 7 active listings, with 1 pending sales. Homes are averaging 299 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 taking longer to sell, averaging 299 days on market compared to 60 days last year.

The median listing price has risen 18.3% year-over-year, from $270,000 to $319,500.

Whether you are buying or selling in WASHBURN, 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 Context

Market Context

Population: 3,623  ·  Density: 25.1/mi²  ·  Median household income: $46,250

Typical home value: $118,933  ·  Homeownership: 83.1%

Market Overview

Active Listings
7
⇩ 12.5% vs 8 last year
Pending
1
14% pending ratio
Median Price
$319,500
⇧ 18.3% vs $270,000 last year
Average Price
$421,058
⇧ 40.2% vs $300,307 last year
Days on Market
299
⇧ 398.3% vs 60 days last year

Price Per Square Foot

Median $/sqft
$208
⇧ 10.1% vs $189/sqft last year
Median Home Size
1,578 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
vs 1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 8 last year
  • Days on market: 299 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $319,500 (+18.3% YoY)
  • Average: $421,058 (+40.2% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.6 miles — 569 listings ($283,740,873 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37888Washburn, TN 378880.0 mi7$3,086,797$339,000$440,971
37825New Tazewell, TN 378258.0 mi38$24,767,298$410,000$651,771
37779Luttrell, TN 3777910.6 mi8$3,057,336$449,900$382,167
37866Sharps Chapel, TN 3786613.6 mi25$20,166,200$714,900$806,648
37708Bean Station, TN 3770815.4 mi29$13,756,092$429,900$474,348
37877Talbott, TN 3787716.0 mi52$35,337,640$375,400$679,570
37870Speedwell, TN 3787016.3 mi18$7,478,856$334,900$415,492
37814Morristown, TN 3781416.5 mi168$76,164,984$415,000$453,363
37806Mascot, TN 3780616.7 mi11$6,824,180$297,750$620,380
37752Harrogate, TN 3775218.0 mi38$15,243,396$349,900$401,142
37813Morristown, TN 3781321.5 mi73$25,273,622$301,250$346,214
37938Knoxville, TN 3793822.2 mi89$46,503,657$495,750$522,513
24248Ewing, VA 2424822.6 mi13$6,080,815$235,000$467,755

Frequently Asked Questions

How many homes are for sale in WASHBURN, TN 37888?

As of February 2026, there are 7 active listings in WASHBURN, TN (zip code 37888), compared to 8 the prior year.

What is the median home price in WASHBURN, TN 37888?

The median listing price in WASHBURN, TN 37888 is $319,500 as of February 2026, a 18.3% increase from $270,000 the prior year.

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

Homes in WASHBURN, TN 37888 spend an average of 299 days on the market before going under contract, compared to 60 days the prior year.

Is it a seller's or buyer's market in WASHBURN, TN 37888?

Based on current inventory and days-on-market data as of February 2026, WASHBURN, TN 37888 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 299 days on market compared to 60 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WASHBURN, TN 37888 save an estimated $6,390 compared to a typical 5% commission on the median listing price of $319,500. 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.