The 38011 housing market is somewhat competitive. The median sale price of a home in 38011 was $265K last month, down 13.8% since last year. The median sale price per square foot in 38011 is $168, down 28.6% since last year.
In May 2025, 38011 home prices were down 13.8% compared to last year, selling for a median price of $265K. On average, homes in 38011 sell after 22 days on the market compared to 40 days last year. There were 14 homes sold in May this year, down from 21 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$265,000
-13.8% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
38011, TN
$265,000
-13.8%
United States
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How hot is the 38011 housing market?
38011 is somewhat competitive. Homes sell in 33 days.
0
100
69
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 6 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 33 days.
Hot homes
can sell for about 2% above list price and go pending in around 6 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
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
38011 has a minor risk of flooding. 185 properties in 38011 are likely to be
severely affected
by flooding over the next 30 years. This represents 7% 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.