40965 — Claiborne County, Tennessee Market Snapshot
Housing market data for zip code 40965 in Claiborne County, Tennessee. Updated monthly with median prices, days on market, and more.
Market Sales Data
17 sales in 2026 (year to date)
Median Sale Price
$189,500
Days to Sell
95
Homes Sold
17
Inventory
44
Sale-to-List
93.9%
New Listings
34
Price/SqFt
$119
Pending Sales
24
Conforming Loan Available
Most homebuyers in 40965 can comfortably use conventional financing. The median home price of $189,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 95 days on average, 40965 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 40965 sells for 6.1% below asking price (93.9% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 40965 can comfortably use conventional financing. The median home price of $189,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 40965 are set at the county level.
2026 Loan Limits — Claiborne County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 40965
To purchase the median home at $189,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,602.
Monthly Payment
$1,602
Income Required
$68,652
Principal & Interest
$1,168/mo
Down Payment (5%)
$9,475
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 40965.
Estimated Monthly Payment
$1,323
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