The 38111 housing market is somewhat competitive. The median sale price of a home in 38111 was $169K last month, up 6.5% since last year. The median sale price per square foot in 38111 is $135, up 18.4% since last year.
In January 2025, 38111 home prices were up 6.5% compared to last year, selling for a median price of $169K. On average, homes in 38111 sell after 48 days on the market compared to 53 days last year. There were 117 homes sold in January this year, up from 106 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$169,000
+6.5% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
38111, TN
$169,000
+6.5%
United States
To compare other locations to the 38111 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 38111 housing market?
38111 is somewhat competitive. Homes sell in 46 days.
0
100
54
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 4% below list price and go pending in around 46 days.
Hot homes
can sell for around list price and go pending in around 14 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 38111 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 38111.
Flood Factor - Minor
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
38111 has a minor risk of flooding. 1,195 properties in 38111 are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in 38111. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
38111 has a moderate risk of wildfire. There are 21 properties in 38111 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 38111.
99% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
38111 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 38111 is most at risk from hurricanes. 15,954 properties in 38111 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 79 mph.