The 38011 housing market is very competitive. The median sale price of a home in 38011 was $243K last month, down 14.9% since last year. The median sale price per square foot in 38011 is $166, down 9.02% since last year.
In October 2024, 38011 home prices were down 14.9% compared to last year, selling for a median price of $243K. On average, homes in 38011 sell after 33 days on the market compared to 35 days last year. There were 24 homes sold in October this year, up from 23 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$242,500
-14.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
38011, TN
$242,500
-14.9%
United States
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How hot is the 38011 housing market?
38011 is very competitive. Homes sell in 28 days.
0
100
77
Very 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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 28 days.
Hot homes
can sell for about 1% above list price and go pending in around 9 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 38011 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 38011.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
38011 has a minor risk of flooding. 356 properties in 38011 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 38011. Flood risk is increasing slower than the national average.
54% of properties are at risk of wildfire over the next 30 years
Fire Factor
38011 has a moderate risk of wildfire. There are 2,606 properties in 38011 that have some risk of being affected by wildfire over the next 30 years. This represents 54% of all properties in 38011.
99% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
38011 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 38011 is most at risk from hurricanes. 4,802 properties in 38011 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 72 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 82 mph.