The 38120 housing market is somewhat competitive. The median sale price of a home in 38120 was $402K last month, up 5.1% since last year. The median sale price per square foot in 38120 is $171, down 0.29% since last year.
In May 2025, 38120 home prices were up 5.1% compared to last year, selling for a median price of $402K. On average, homes in 38120 sell after 43 days on the market compared to 40 days last year. There were 54 homes sold in May this year, down from 78 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$402,000
+5.1% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
38120, TN
$402,000
+5.1%
United States
To compare other locations to the 38120 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 38120 housing market?
38120 is somewhat competitive. Homes sell in 18 days.
0
100
59
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 3% below list price and go pending in around 18 days.
Hot homes
can sell for around list price and go pending in around 4 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 38120 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 38120.
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
38120 has a moderate risk of flooding. 473 properties in 38120 are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in 38120. Flood risk is increasing slower than the national average.
9% of properties are at risk of wildfire over the next 30 years
Fire Factor
38120 has a moderate risk of wildfire. There are 533 properties in 38120 that have some risk of being affected by wildfire over the next 30 years. This represents 9% of all properties in 38120.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
38120 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 38120 is most at risk from hurricanes. 5,840 properties in 38120 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 70 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 78 mph.