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Featured local agent — Walnut Grove, TN
Sarah Mitchell
Compass Real Estate · Walnut Grove, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Walnut Grove, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$765,000median sale price
How is the Walnut Grove, TN housing market right now?
The median home sale price in Walnut Grove, TN is $765,000, up 19.5% year-over-year. Homes sell in an average of 50 days with 3 active listings. The market is currently a balanced 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 Walnut Grove a buyer's or seller's market?
Walnut Grove, TN is currently a balanced market, based on 3.0 months of supply and homes selling in about 50 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
50
Average pace
Active listings
3
3.0 months supply
Sale-to-list
100.0%
Above asking
What does the Walnut Grove housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $765,000 |
| Median list price | $499,900 |
| Year-over-year price change | +19.5% |
| Average days on market | 50 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $390/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Walnut Grove by property type?
How the Walnut Grove, 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 | $765,000 | $390/sq ft | 1 | 50 days |
Source: Redfin · Updated monthly
The Walnut Grove housing market is currently classified as a balanced market with a median sale price of $765,000. Prices have risen 19.5% compared to last year, with homes spending an average of 50 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Walnut Grove
There are currently 3 homes listed for sale in Walnut Grove, Tennessee. The median listing price is $500K.
Active listings
3
Homes on market
Median list price
$500K
Avg. days on market
50
Days until sale
New this week
1
Newly listed
What are homes worth in Walnut Grove?
Zillow home value
$493,676
Source: Zillow Research
Which cities are near Walnut Grove, TN?
Want a head-to-head view? Compare Walnut Grove side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Walnut Grove?
The median home sale price in Walnut Grove is $765,000, up 19.5% from last year.
How long do homes stay on market in Walnut Grove?
Homes typically spend 50 days on market before going under contract.
Is Walnut Grove a buyer's or seller's market?
With 3.0 months of supply, Walnut Grove is currently a balanced market.
What is the Zillow home value estimate for Walnut Grove?
The Zillow Home Value Index (ZHVI) for Walnut Grove is $493,676, representing the typical home value in the area.
How much does a single-family home cost in Walnut Grove?
The median single-family home price in Walnut Grove, TN is $765,000 (about $390 per square foot).
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