The 38122 housing market is very competitive. The median sale price of a home in 38122 was $130K last month, down 18.7% since last year. The median sale price per square foot in 38122 is $112, up 12.0% since last year.
In October 2024, 38122 home prices were down 18.7% compared to last year, selling for a median price of $130K. On average, homes in 38122 sell after 30 days on the market compared to 37 days last year. There were 73 homes sold in October this year, up from 67 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$130,000
-18.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
38122, TN
$130,000
-18.7%
United States
To compare other locations to the 38122 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 38122 housing market?
38122 is very competitive. Homes sell in 24 days.
0
100
72
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% below list price and go pending in around 24 days.
Hot homes
can sell for around 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 38122 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 38122.
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
38122 has a minor risk of flooding. 433 properties in 38122 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 38122. Flood risk is increasing slower than the national average.
9% of properties are at risk of wildfire over the next 30 years
Fire Factor
38122 has a moderate risk of wildfire. There are 919 properties in 38122 that have some risk of being affected by wildfire over the next 30 years. This represents 9% of all properties in 38122.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
38122 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 38122 is most at risk from hurricanes. 10,177 properties in 38122 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 69 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 78 mph.