Palmer Homes under $400,000

Welcome to Palmer, Tennessee – a hidden gem nestled in the heart of Grundy County! This charming small town is the perfect blend of serene countryside living and modern conveniences, making it an ideal destination for families, retirees, and anyone seeking a peaceful lifestyle. With its friendly community, stunning natural landscapes, and rich history, Palmer is a place where you can truly feel at home.

One of the most appealing aspects of Palmer is its affordability. For those looking to invest in property, you’ll be delighted to discover a variety of beautiful homes available for under $400,000. Whether you’re searching for a cozy cottage, a spacious family home, or a quaint retreat surrounded by nature, Palmer offers diverse options that cater to different tastes and needs. With the current real estate market, it’s a fantastic time to find your dream home without breaking the bank.

Residents of Palmer enjoy a slower pace of life, with plenty of outdoor activities to explore. From hiking the scenic trails of the nearby mountains to fishing in the pristine local lakes, there’s no shortage of adventures waiting just outside your doorstep. The town’s close-knit community hosts various events throughout the year, allowing you to connect with neighbors and make lasting memories.

In Palmer, you’ll not only find a place to live but a place to thrive. With affordable housing options and a welcoming atmosphere, it’s the perfect spot to start your next chapter. Come discover why Palmer, TN, is the ideal place to call home!

Newest Palmer Homes under $400,000

$165,000

3 Beds ⋅ 1 Baths ⋅ 3297832 MLS ⋅ ACTIVE Status ⋅ 0.69 Acres ⋅ 37365 Zip Code

Perched atop a hill on the beautiful Cumberland Plateau, this charming 3-bedroom, 1-bath home offers peaceful surroundings and plenty of outdoor space on a spacious 0.69-acre lot. Relax on the inviting rocking chair front porch while enjoying the scenic setting, or take advantage of the oversized attached one-car garage with loft storage. The home is equipped with central HVAC featuring propane heat, along with two additional propane gas heaters for added comfort. Numerous structural improvements have already been completed, including new floor joists, a SmartJack crawlspace support system, vapor barrier installation, and ongoing termite and pest control service for added peace of mind. The sellers have also prepared the property for its next owners by pressure washing the exterior and cleaning the gutters. Sellers have purchased a stove and had a French drain installed behind the home as of September. Palmer is home to Savage Gulf State Park, a 15,590-acre park renowned for dramatic gorges, waterfalls, and old-growth forests, and featuring over 60 miles of trails. Peaceful country living but only 35 miles to Chattanooga.

193 W Lee Dr, Palmer

$350,000

3 Beds ⋅ 1 Baths ⋅ 3239889 MLS ⋅ ACTIVE Status ⋅ 3 Acres ⋅ 37365 Zip Code

This inviting 3-bedroom, 1-bath brick home offers plenty of space for family and entertaining. Enjoy a large kitchen and dining area, a cozy den with a wood-burning fireplace, and a bright, airy sunroom overlooking a beautifully landscaped, partially fenced yard. The property features a 3-car attached carport and a blacktop circle drive for convenient parking. A detached 2-car garage includes a bedroom, full bath, and extra storage space—perfect for guests, in-laws, or a private office. Located in a serene setting with ample outdoor space, this home combines comfort, style, and functionality in one complete package. This home is located within minutes of several local and state parks.

450 Main St, Palmer

$125,000

1 Beds ⋅ 1 Baths ⋅ 3150179 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 2.6 Acres ⋅ 37365 Zip Code

Escape to peaceful mountain living or getaway in this charming 1 bedroom, 1 bath rustic cabin nestled on 2.66 acres, featuring a blend of wooded privacy and a level fenced lot ideal for relaxing, gardening, small farm, or any outdoor activities. This cozy retreat offers a warm and inviting kitchen area open to a living area with real wood fireplace, perfect for cooler Tennessee evenings. Home includes a sunporch that could easily serve as additional sleeping space, office or flex room. The fenced flat portion of the property adds versatility for pets, gardening, small hobby uses or a building spot, while the wooded acreage enhances privacy and natural beauty. The possibilities are endless for this comfortable home that could be used as rental property or in-law suite if building is in your future plans. Seller selling “as is”.

829 Sr 399, Palmer

$229,000

2 Beds ⋅ 2 Baths ⋅ 3116237 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 1.7 Acres ⋅ 37365 Zip Code

Move-in ready, newly remodeled 2-bedroom, 2-bath home offering 1,240 sq ft on 2 scenic acres with mature fruit trees. Features open-concept living and dining, large rooms, heavy insulation for low utility costs, utility/pantry space, and a spacious primary suite with walk-in closet. Includes all new appliances, front and back porches, and a private country setting with room to garden, relax, or enjoy outdoor living.

115 66th Ave, Palmer

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.