Estill Springs Housing Market Report February 2025•Franklin County, Tennessee

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Housing Prices in Estill Springs, TN

How much do homes in Estill Springs, TN cost?

Housing Market Conditions

Is Estill Springs, TN a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Estill Springs is a Buyer's Market

Difference Since February 2024

At the same time last year, Estill Springs was a Seller's Market.

Insight

Estill Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$325,000$201/SqFt
+$55,300
+20.5%

Based on all homes sold in the last 12 months

Insight

Homes in Estill Springs have sold for 20.5% more than they did a year ago.

Summary: The median home sold price in Estill Springs was $325,000 in February 2025, up 20.5% from last year, and the median price per square foot was $201.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$199.9K$234K
+17.0%
2$230K$310.5K
+35.0%
3$269.9K$295K
+9.3%
4$814.9K$570K
-30.1%
5-$399.9K
N/A

Summary: Estill Springs housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +17.0%. The home price for 2 bedroom homes increased by +35.0%. The home price for 3 bedroom homes increased by +9.3%. The home price for 4 bedroom homes decreased by -30.1%. The home price for 5 bedroom homes did not change.

How does Estill Springs, TN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Estill Springs, TN

Housing supply in Estill Springs, TN

How many homes are available in Estill Springs, TN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
52Last MonthFeb 2025
532 months agoJan 2025
-1.9 %
Change MoMJan – Feb

Summary: The Estill Springs real estate market had 52 homes for sale in Feb 2025, a 1.9 % decrease compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthFeb 2025
92 months agoJan 2025
-44.4 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
255
0.0%
41012
+20.0%
521
-50.0%
111
0.0%
33533
-5.7%

Summary: Estill Springs housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 2 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes decreased by -50.0%. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -5.7%.

Asking Price vs. Sold Price

How much do homes in Estill Springs, TN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price3 Homes

Under Asking Price2 Homes

Insight

If you're buying a home in Estill Springs, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Estill Springs in February 2025, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and and 0% were sold over asking.

Days on Market for Estill Springs, TN

How long does it take to sell a home in Estill Springs, TN?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days0 Home

Over 90 Days3 Homes

Insight

Most homes in Estill Springs are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 5 homes were sold in Estill Springs; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
95 DaysThis YearFeb 2025
41 Days1 year agoFeb 2024
+129.0 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Estill Springs had an average listing age of 95 days in Feb 2025, up by 129.0% compared to the previous year.

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Newest Listings in Estill Springs, TN

What homes are available in Estill Springs, TN?

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MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS, and Upper Cumberland MLS for the period 03/01/2023 - 03/01/2025

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX© 2025 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 10:18:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Upper Cumberland Board of Realtors. All rights reserved. The data relating to real estate for sale on this website comes from Upper Cumberland Board of Realtors. Information is for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. Information deemed to be reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 10:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.