Estill Springs closed 11 sales in August, one more than a year ago, at a median of $280,000. You will see the average price down 34% and the median down 17%, and before anyone panics: that is a mix correction, not a crash. Last August's sales here skewed heavily toward higher-end lake properties, with an average of $472,560. This August the town sold what Estill Springs mostly is - solid homes in the $200Ks and $300Ks. My Estill Springs market report page holds the running picture.
Estill Springs by the Numbers: August 2026
| Metric | Aug 2025 | Aug 2026 | Change |
|---|---|---|---|
| Closed Sales | 10 | 11 | +10% |
| Median Sale Price | $338,500 | $280,000 | −17% |
| Average Sale Price | $472,560 | $314,218 | −34% |
| New Listings | 21 | 16 | −24% |
| New Contracts Signed | 16 | 8 | −50% |
| Active Listings | 53 | 51 | −4% |
| Total Homes on Market | 70 | 65 | −7% |
| Avg Days on Market | 39 | 65 | +67% |
| List to Close (days) | 114 | 97 | −15% |
| Months of Supply | 6.71 | 5.62 | −16% |
What Moved in August
Volume held firm while the pipeline thinned: 8 new contracts against 16 last August, and new listings eased from 21 to 16. Inventory stayed flat at 51 active homes, and months of supply actually improved from 6.71 to 5.62. Homes took longer to find their buyer at 65 days on market, but the full list-to-close timeline shortened to 97 days.
The lake premium is still parked on the active side of the ledger. The average asking price in Estill Springs is $695,247 - driven by Tims Ford lakefront - while the median sale was $280,000. The high end here is waiting on its buyer, and it waits longer every month it holds the 2024 price.
What This Means for Estill Springs Sellers
Mid-market homes are the ones moving. The market showed up for well-kept homes in the $250K to $350K range. Price in that lane and 11-sale months keep happening; price to the lakefront comps and you join the waiting inventory.
Lakefront needs patience or sharper pricing. With active asks averaging near $700K against a $280K median sale, upper-end sellers should plan on longer timelines - or lead the market down to meet their buyer.
What This Means for Buyers
Estill Springs remains the affordable door into the Tims Ford area, and August proved the core market transacts in the $200Ks. Watch current Estill Springs listings closely - only 16 new homes listed last month, so the well-priced ones do not linger.
The Bottom Line
Steady volume, a normalized mix, and supply improving to 5.62 months - Estill Springs had a quietly healthy August. It sits alongside the rest of Franklin County in my full August 2026 Middle Tennessee report.
Thinking about buying or selling in Estill Springs? I live and work in this market every day. Call or text me at (615) 610-1293, or reach out here and I will put real numbers on your specific situation.
Data source: Realtracs MLS Market Trends Snapshot, Residential: Single Family, Estill Springs, TN. August 2026 compared with August 2025; report date 09/01/26. MLS statistics reflect reported activity and may be revised as late entries post. Written by Jon Smith, Realtor.