Hartsville, TN 37074 Real Estate Market Report

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.

Market Metrics

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.

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.

Property Taxes

Liquidity & Velocity

Market Trends & Context

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

Key Findings

1. The primary indicator of recent market value is the median sold price of $364,000, and transaction-level pricing is down year-over-year, signaling a modest normalization from prior appreciation.
2. There is a meaningful gap between the median listing price of $379,900 and the median sold price of $364,000, which—combined with a median days on market of 464—suggests pricing friction and extended marketing periods that may provide negotiation opportunities for buyers. longer sales velocity appears to be present.
3. Market liquidity appears balanced but leans toward a constrained active supply in the analyzed sample, with the market temperature characterized as neutral; this implies a neutral transactional environment where buyers and sellers can both find leverage depending on pricing and terms.
4. The rental side remains robust: the median market rent is $1,500 and rent is trending up year-over-year. Interest rate pressure is moderate, and current 30-year fixed mortgage rates are noted at approximately 6.5%, which may preserve demand among owners holding lower-rate loans while tempering some buyer capacity.

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.