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Featured local agent — Baxter, TN
Sarah Mitchell
Compass Real Estate · Baxter, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Baxter, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$221,245median sale price
How is the Baxter, TN housing market right now?
The median home sale price in Baxter, TN is $221,245, down 35.9% year-over-year. Homes sell in an average of 145 days with 32 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Baxter a buyer's or seller's market?
Baxter, TN is currently a buyer's market, based on 8.0 months of supply and homes selling in about 145 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
145
Average pace
Active listings
32
8.0 months supply
Sale-to-list
96.1%
Below asking
What does the Baxter housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $221,245 |
| Median list price | $347,100 |
| Year-over-year price change | -35.9% |
| Average days on market | 145 days |
| Active inventory | 32 listings |
| Months of supply | 8.0 months |
| Sale-to-list price ratio | 96.1% |
| Median price per sq ft | $174/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 9 |
| Listings with a price cut | 15.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Baxter by property type?
How the Baxter, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $222,500 | $193/sq ft | 3 | 173 days |
| Townhouse | $219,990 | $155/sq ft | 1 | 43 days |
Source: Redfin · Updated monthly
The Baxter housing market is currently classified as a buyer's market with a median sale price of $221,245. Prices have fallen 35.9% compared to last year, with homes spending an average of 145 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.
Homes for sale in Baxter
There are currently 32 homes listed for sale in Baxter, Tennessee. The median listing price is $347K.
Active listings
32
Homes on market
Median list price
$347K
Avg. days on market
145
Days until sale
New this week
9
Newly listed
Who lives in Baxter?
Population
1,278
Median income
$56,806/yr
Median age
40.8 years
Owner-occupied
66.2%
College grads
13.6%
Avg commute
20.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Baxter?
Zillow home value
$306,026
Price-to-income
5.4x
Source: Zillow Research
What is it like to live in Baxter?
Baxter is a community of approximately 1K residents with a median age of 40.8 years.The median household income is $56,806, which represents a working-class community with solid middle-income opportunities. 13.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 66.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Baxter offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Baxter?
4 schools tracked · 2,484 students
The largest public schools serving Baxter, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Upperman High School
Grades 9-12 · 918 students
Upperman Middle School
Grades 5-8 · 847 students
Cornerstone Elementary
Grades 2-4 · 367 students
Baxter Primary
Grades PK-1 · 352 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Baxter, TN?
Want a head-to-head view? Compare Baxter side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Baxter?
The median home sale price in Baxter is $221,245, down 35.9% from last year.
How long do homes stay on market in Baxter?
Homes typically spend 145 days on market before going under contract.
What is the median income in Baxter?
The median household income is $56,806 per year.
Is Baxter a buyer's or seller's market?
With 8.0 months of supply, Baxter is currently a buyer's market.
What is the Zillow home value estimate for Baxter?
The Zillow Home Value Index (ZHVI) for Baxter is $306,026, representing the typical home value in the area.
How much does a single-family home cost in Baxter?
The median single-family home price in Baxter, TN is $222,500 (about $193 per square foot).
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