Housing Prices in 38361, TN

How much do homes in 38361, TN cost?

Median List Price

$279,900

$169/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

-$14,550(-4.9%)

Key Takeaway

The list price of homes in 38361 has decreased by 4.9% since last year.

Summary: The median home list price in 38361 was $279,900 in December 2024, down 4.9% from the previous year, and the median price per square foot was $169.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $99.9K$99.9K
0.0%
2 $289.9K$157.2K
-45.8%
3 $217.4K$239.9K
+10.3%
4 $299.9K$412K
+37.3%
5+ $549.9K$432.4K
-21.4%

Summary: 38361 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 45.8%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 37.3%, and 5+ bedroom homes decreased by 21.4%.

Median List Price Compared To Nearby Zip Codes

38372
+6.2%
38361
-4.9%
38310
-6.9%

Housing Supply in 38361, TN

How many homes are available in 38361, TN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
78+14.3%

Summary: The 38361 real estate market had 8 homes for sale in December 2024, a 14.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 44
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 38361 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 38361, TN

How long does it take to sell a home in 38361, TN?

Average Listing Age

Dec 2023Dec 2024CHANGE
1,170 Days1,043 Days-10.8%

Summary: Homes in 38361 had an average listing age of 1,043 days in Dec 2024, down by 10.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Real Estate Agent illustration

Local real estate agents are ready to help you find a home here.

Connect With An Agent
Real Estate Agent illustration

Sell your home with an expert or get the job done on your own.

Sell My Home
Real Estate Agent illustration

Get a customizable mortgage solution based on today's rates.

Get Approved

Newest Listings in 38361, TN

Nearby Markets to 38361, TN

MLS Disclaimers and Copyright

Based on information from Memphis MLS, and RealTracs Middle Tennessee Regional MLS for the period 01/01/2023 - 01/01/2025

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/8/2025, 9:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2025 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/8/2025, 9:18:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Popular Cities with Homes for Sale in Tennessee