The 38401 housing market is somewhat competitive. The median sale price of a home in 38401 was $386K last month, up 10.3% since last year. The median sale price per square foot in 38401 is $212, down 6.2% since last year.
In April 2024, 38401 home prices were up 10.3% compared to last year, selling for a median price of $386K. On average, homes in 38401 sell after 55 days on the market compared to 64 days last year. There were 315 homes sold in April this year, up from 273 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$385,900
+10.3% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
38401, TN
$385,900
+10.3%
United States
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How hot is the 38401 housing market?
38401 is somewhat competitive. Homes sell in 49 days.
0
100
49
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 49 days.
Hot homes
can sell for around list price and go pending in around 27 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 38401 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 38401.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
38401 has a moderate risk of flooding. 2,891 properties in 38401 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 38401. Flood risk is increasing slower than the national average.
85% of properties are at risk of wildfire over the next 30 years
Fire Factor
38401 has a moderate risk of wildfire. There are 23,978 properties in 38401 that have some risk of being affected by wildfire over the next 30 years. This represents 85% of all properties in 38401.
99% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
38401 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 38401 is most at risk from hurricanes. 28,177 properties in 38401 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 74 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 86 mph.