82 homes sold in Walnut Grove in the last year, at a typical $547K
Redfin reports Walnut Grove’s sales by ZIP code, so these figures are for ZIP 37048, which takes in Walnut Grove and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Walnut Grove homes are listed.
Every place Walnut Grove homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Walnut Grove.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Walnut Grove’s sales, at a typical $533K (year to May 2026)
82 homes sold in the year to September 2026.
typical sale · 80 sold in the year to May 2026
- Per square foot
- $235TN $209
- Days to sell
- 92
- Sold over asking
- 4%
About as many homes sell as usual, at 2.2 times the 2016 price
82 sales in the last year, against 124 in 2022 and a low of 73 in 2025. The typical sale went from $245K in 2016 to $547K.
Source: Redfin Data Center, MLS sales; for ZIP 37048, which takes in Walnut Grove and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $550K buys in Walnut Grove
Check a listing against what Walnut Grove homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Walnut Grove are rarer than before the pandemic, and more homes are for sale
We read every month of home sales in ZIP 37048 since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 82 sales.
If you’re buying in Walnut Grove
- Shop in July. It brings about 11 new listings a month, close to the busiest month, with fewer bidding wars (19% over asking).
- Offer under asking. Buyers paid 97.3% of the list price on average; 11% paid over.
- You’ll usually have time. Only 21% of homes go under contract within two weeks; the typical one takes 87 days.
Summer brings the homes; fall brings the bidding wars
June has the most new listings (about 11 a month), but October is the most competitive: 27% of October sales close over asking. February has the least competition (18%) but only about 7 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Tennessee as a whole
| Walnut Grove now | 2017–19 | 2021 peak | TN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 11% | 21% | 42% | 13% |
| Gone within two weeksShare of homes under contract within 14 days | 21% | 47% | 67% | 26% |
| Price paid vs. askingAverage sale price ÷ list price | 97.3% | 98.5% | 100.8% | 97.3% |
| Days to sellMedian days from listing to contract | 87 | 60 | 33 | 72 |
38 homes for sale on a typical day
That’s 2.9 times the 2021 low (13) and 35% more than in 2017–19.
Source: Redfin Data Center, ZIP code tracker; for ZIP 37048, which takes in Walnut Grove and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2014 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Walnut Grove home costs about $3,045 a month
Price: Walnut Grove’s typical sale, last 12 months. Property tax at Walnut Grove’s 0.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Walnut Grove is affordable on local pay is on Cost of living.
Five things worth knowing
New listings in June
The month with the most choice. January has the fewest, about 7.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $547K home, about $2,290 a year.
Taxes vs. neighborsTypical commute
The average one-way trip to work for people who live in Walnut Grove.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
White House, Millersville, Portland, Gallatin and Ridgetop sell for less a square foot
The busier markets within 25 miles of Walnut Grove, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Gallatin | 1,135 | $428K | $216 | 14% | 79 |
| White House | 552 | $382K | $204 | 15% | 82 |
| Portland | 266 | $311K | $219 | 16% | 69 |
| Millersville | 94 | $351K | $216 | 21% | 78 |
| Walnut Grove (ZIP 37048) | 82 | $547K | $240 | 11% | 87 |
| Shackle Island | 47 | $770K | $246 | 12% | 73 |
| Ridgetop | 30 | $466K | $223 | 14% | 102 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Walnut Grove, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Walnut Grove. People who follow the town see it, and so do people comparing Walnut Grove with their own town. No commission, no listing fee.
Questions about buying a home in Walnut Grove
What do homes sell for in Walnut Grove, TN?
82 homes sold in the year to September 2026 at a typical $547K, $240 a square foot.
Is Walnut Grove a buyer’s or seller’s market?
A buyer’s market: 51 homes were for sale in September 2026 and 7 sold, about 6.6 months of supply. Buyers paid 97.3% of asking on average.
When is the best time to buy in Walnut Grove?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Walnut Grove?
About 0.4% of a home’s value a year. On a $547K home that’s near $2,290.
Where can I see homes for sale in Walnut Grove?
Zillow, Redfin, Realtor.com and Homes.com all carry Walnut Grove’s MLS listings; the search links above open each one filtered to Walnut Grove.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 37048, which takes in Walnut Grove and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).