38570 — Overton County, Tennessee Market Snapshot

Housing market data for zip code 38570 in Overton County, Tennessee. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

27 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$289,900

21.3% YoYClosed sales

Days to Sell

75

Median, listing to close

Homes Sold

27

Closed in 2026

Inventory

34

Sale-to-List

96.6%

New Listings

30

Price/SqFt

$197

Pending Sales

34

Conforming Loan Available

Most homebuyers in 38570 can comfortably use conventional financing. The median home price of $289,900 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 75 days on average, 38570 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 38570 sells for 3.4% below asking price (96.6% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 38570 can comfortably use conventional financing. The median home price of $289,900 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 38570 are set at the county level.

2026 Loan Limits — Overton 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 38570

To purchase the median home at $289,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,371.

Monthly Payment

$2,371

Income Required

$101,619

Principal & Interest

$1,786/mo

Down Payment (5%)

$14,495

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 38570.

%
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Estimated Monthly Payment

$1,944

Principal & Interest$1,504
Property Tax$290
Insurance$150
Loan Amount$231,920
Total Interest$309,603
Income Required$83,320/yr

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