The 38108 housing market is somewhat competitive. The median sale price of a home in 38108 was $85K last month, up 88.8% since last year. The median sale price per square foot in 38108 is $94, up 168.6% since last year.
In March 2024, 38108 home prices were up 88.8% compared to last year, selling for a median price of $85K. On average, homes in 38108 sell after 54 days on the market compared to 52 days last year. There were 40 homes sold in March this year, up from 28 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$84,500
+88.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
38108, TN
$84,500
+88.8%
United States
To compare other locations to the 38108 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Tennessee add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 38108 housing market?
38108 is somewhat competitive. Homes sell in 46.5 days.
0
100
46
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 6% below list price and go pending in around 47 days.
Hot homes
can sell for around list price and go pending in around 12 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 38108 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 38108.
Risk Factor
Flood Factor - Moderate
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
38108 has a moderate risk of flooding. 746 properties in 38108 are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in 38108. Flood risk is increasing slower than the national average.
14% of properties are at risk of wildfire over the next 30 years
Fire Factor
38108 has a minor risk of wildfire. There are 1,401 properties in 38108 that have some risk of being affected by wildfire over the next 30 years. This represents 14% of all properties in 38108.
99% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
38108 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 38108 is most at risk from hurricanes. 9,695 properties in 38108 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 77 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 86 mph.