Hartsville, TN 37074 Real Estate Market Report

ZIP Code: 37074
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Hartsville, TN are averaging 6.3%, which is higher than the sub-6% rates observed in February 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. median sold price 369,900 is the best indicator of current market value for Hartsville and shows recent transaction strength with prices up year-over-year, suggesting continued appreciation pressure on closed sales.

2. The gap between median listing price 402,400 and the median sold price 369,900 appears to reflect pricing friction and seller expectations that may be above recent transaction levels, which, combined with a median days on market 344, suggests slower sales velocity rather than immediate clearance of asking prices.

3. Inventory conditions in the analyzed sample show an elevated inventory relative to sales activity, which appears to be contributing to a more balanced market temperature described as neutral; this combination may cause buyers to be more selective while keeping price appreciation modest—market is neutral.

4. Rental fundamentals remain supportive: median market rent 1,300 with rents up year-over-year, but financing headwinds persist with current 30-year fixed mortgage rates averaging 6.3% and overall interest rate pressure rated moderate, which may temper buyer urgency and favor longer listing periods.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.