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38042 Housing Market Report June 2025•Hardeman County, Tennessee

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Housing Prices in 38042, TN

How much do homes in 38042, TN cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$849,750–
-$400,250
-32.0%

Based on all homes listed in June 2025

Insight

The list price of homes in 38042 has decreased by 32% since May.

Summary: The median home list price in 38042 was $849,750 in June 2025, down 32% from the previous month, and the median price per square foot was $0.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2025Jun 2025Change MoM
1--
N/A
2--
N/A
3-$449.5K
N/A
4$1.2M$1.2M
0.0%
5--
N/A

Summary: 38042 housing price by bedroom type for June 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 38042, TN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

38042, TN

Housing supply in 38042, TN

How many homes are available in 38042, TN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
2Last MonthJun 2025
12 months agoMay 2025
+100.0 %
Change MoMMay – Jun

Summary: The 38042 real estate market had 2 homes for sale in Jun 2025, a 100.0 % increase compared to May 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
100
0.0%
200
0.0%
301
+100.0%
411
0.0%
500
0.0%

Summary: 38042 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for 38042, TN

How long does it take to sell a home in 38042, TN?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
19 DaysLast MonthJun 2025
4 Days1 month agoMay 2025
+375.0 %
Change MoMMay – Jun

Summary: Homes in 38042 had an average listing age of 19 days in Jun 2025, up by 375.0% compared to the previous month.

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Newest Listings in 38042, TN

What homes are available in 38042, TN?

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MLS Disclaimers and Copyright

Based on information from Memphis MLS, for the period 05/01/2025 - 07/01/2025

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 9:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.