The 38002 housing market is somewhat competitive. The median sale price of a home in 38002 was $415K last month, down 7.8% since last year. The median sale price per square foot in 38002 is $170, up 0.6% since last year.
In October 2024, 38002 home prices were down 7.8% compared to last year, selling for a median price of $415K. On average, homes in 38002 sell after 50 days on the market compared to 42 days last year. There were 169 homes sold in October this year, up from 150 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$415,000
-7.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
38002, TN
$415,000
-7.8%
United States
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How hot is the 38002 housing market?
38002 is somewhat competitive. Homes sell in 42 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 1% below list price and go pending in around 42 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 38002 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 38002.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
38002 has a minor risk of flooding. 993 properties in 38002 are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in 38002. Flood risk is increasing slower than the national average.
70% of properties are at risk of wildfire over the next 30 years
Fire Factor
38002 has a moderate risk of wildfire. There are 12,056 properties in 38002 that have some risk of being affected by wildfire over the next 30 years. This represents 70% of all properties in 38002.
99% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
38002 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 38002 is most at risk from hurricanes. 16,868 properties in 38002 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 74 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 86 mph.