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Featured local agent — Strawberry Plains, TN
Sarah Mitchell
Compass Real Estate · Strawberry Plains, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Strawberry Plains, TN Housing Market
The typical home in Strawberry Plains, TN is worth $298,956, rose 2.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $240,000, -48.1% year over year (through May 2026). With 4.0 months of supply and homes going under contract in about 125 days, Strawberry Plains is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $298,956 home is about $1,596/mo in principal and interest.
Key numbers for Strawberry Plains, TN
Typical home value
$298,956
+2.3% in 12 months
Zillow, August 2026
Median sale price
$240,000
-48.1% year over year
Redfin, through May 2026
Days on market
125
Slow-moving
Redfin, through May 2026
Active listings
4
4.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$77,855
Home costs 3.8x income
U.S. Census ACS, 2023
Sale-to-list ratio
96.0%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Strawberry Plains a buyer's or seller's market?
Strawberry Plains, TN is a leaning buyer's, based on 4.0 months of supply and homes selling in about 125 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Strawberry Plains housing market data show?
Every row below is Redfin's final published month for Strawberry Plains, TN. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $240,000 |
| Median list price | $315,000 |
| Year-over-year price change | -48.1% |
| Median price per sq ft | $206/sq ft |
| Median days on market | 125 days |
| Active inventory | 4 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 96.0% |
| Homes sold (that month) | 1 |
| New listings (that month) | 3 |
| Listings with a price cut | 25.0% |
| Market condition | Leaning buyer's |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Strawberry Plains is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Strawberry Plains is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Strawberry Plains home prices moved?
Over the last three years the median sale price in Strawberry Plains, TN fell 13.9%, from $278,700 to $240,000. The live Zillow value series has rose 2.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. 25.0% of Strawberry Plains listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 4.0 months while the sale-to-list ratio slips below its current 96.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Strawberry Plains?
Priced off the typical home value of $298,956 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $59,791 | $239,165 | $1,596/mo |
| 5% | $14,948 | $284,008 | $1,895/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,596, that implies roughly $68,400 a year before you add taxes and insurance. The median household in Strawberry Plains earns $77,855, about $9,455 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.8x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Strawberry Plains in the next 12 months?
Tell us your timeline. We send the Strawberry Plains market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Strawberry Plains?
Zillow does not publish a rent index (ZORI) for Strawberry Plains, TN, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Strawberry Plains?
Active listings in Strawberry Plains, TN went from 4 in February 2025 to 4 in May 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| March 2025 | 7 | 4 |
| April 2025 | 8 | 4 |
| May 2025 | 4 | 2 |
| June 2025 | 4 | 2 |
| July 2025 | 3 | 2 |
| September 2025 | 4 | 2 |
| November 2025 | 6 | 2 |
| December 2025 | 4 | 1 |
| February 2026 | 3 | 1 |
| March 2026 | 1 | not published |
| April 2026 | 1 | 1 |
| May 2026 | 4 | 3 |
Redfin, through May 2026
How does Strawberry Plains compare to Tennessee and the U.S.?
Strawberry Plains homes sell for $240,000 — 42% below the Tennessee median of $413,200. Against the national median of $410,700, Strawberry Plains runs 42% lower. Year-over-year, Strawberry Plains moved -48.1% against Tennessee's +3.0% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Strawberry Plains, TN | $240,000 | -48.1% | 125 days |
| Tennessee statewide | $413,200 | +3.0% | 61 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Strawberry Plains
What buyers should watch
- Months of supply, currently 4.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 25.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $299 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $298,956 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Strawberry Plains listing goes under contract in 125 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 96.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Strawberry Plains added 3 new listings against 1 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +2.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Strawberry Plains varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Strawberry Plains
There are currently 4 homes listed for sale in Strawberry Plains, Tennessee. The median listing price is $315K.
Active listings
4
Homes on market
Median list price
$315K
Avg. days on market
125
Days until sale
New this week
3
Newly listed
How much do homes cost in Strawberry Plains by property type?
How the Strawberry Plains, TN market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $240,000 | $206/sq ft | 1 | 125 days |
Who lives in Strawberry Plains?
American Community Survey estimates for Strawberry Plains. U.S. Census ACS, 2023
Population
2,531
Households
855
Median income
$77,855/yr
Median age
39.4 years
Owner-occupied
80.6%
Median home value
$180,000
Median gross rent
$676/mo
Mean commute
28 min
80.6% of occupied homes in Strawberry Plains are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $180,000 against Zillow's $298,956 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Strawberry Plains?
4 schools tracked · 1,928 students
The largest public schools serving Strawberry Plains, 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.
Carter High School
Grades 9-12 · 794 students
Carter Middle School
Grades 6-8 · 587 students
Rush Strong Elementary
Grades PK-8 · 489 students
Jefferson Virtual Academy
Grades 5-12 · 58 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 Strawberry Plains, TN?
Ordered by distance from Strawberry Plains, not by size. Compare Strawberry Plains side by side with any of them.
Strawberry Plains housing market FAQ
Is Strawberry Plains a buyer's or seller's market?
Strawberry Plains, TN is currently a leaning buyer's. That read comes from 4.0 months of supply, homes going under contract in about 125 days, and sellers getting 96.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Strawberry Plains?
The typical home in Strawberry Plains, TN is worth $298,956 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $240,000, about $206 per square foot.
Is Strawberry Plains cheaper than the rest of Tennessee?
Strawberry Plains's median sale price of $240,000 is 42% lower than the Tennessee statewide median of $413,200, and 42% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Strawberry Plains?
Homes in Strawberry Plains, TN spent a median of 125 days on market before going under contract, versus 61 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Strawberry Plains?
At the current 30-year fixed rate of 7.03%, 20% down on a $298,956 home is about $1,596 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $68,400 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $77,855.
Are home prices rising in Strawberry Plains?
The typical home value in Strawberry Plains, TN rose 2.3% over the last 12 months, from $292,246 to $298,956 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Strawberry Plains?
Strawberry Plains ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Strawberry Plains?
That depends on your timeline, not on a headline. What the data says today: Strawberry Plains, TN is a leaning buyer's with 4.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $298,956, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.