38076 Housing Market Report January 2025•Fayette County, Tennessee

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Housing Prices in 38076, TN

How much do homes in 38076, 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.
$599,000–
-$150,000
-20.0%

Based on all homes listed in January 2025

Insight

The list price of homes in 38076 has decreased by 20% since December.

Summary: The median home list price in 38076 was $599,000 in January 2025, down 20% 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.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2--
N/A
3$599K$599K
0.0%
4$899K$749K
-16.7%
5--
N/A

Summary: 38076 housing price by bedroom type for January 2025, compared to the previous year. 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 decreased by -16.7%. The home price for 5 bedroom homes did not change.

Housing supply in 38076, TN

How many homes are available in 38076, 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
3Last MonthJan 2025
22 months agoDec 2024
+50.0 %
Change MoMDec – Jan

Summary: The 38076 real estate market had 3 homes for sale in Jan 2025, a 50.0 % increase compared to Dec 2024.

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.
BedsDec 2024Jan 2025Change MoM
100
0.0%
200
0.0%
311
0.0%
412
+100.0%
500
0.0%

Summary: 38076 housing inventory by bedroom type for January 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 remained the same. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for 38076, TN

How long does it take to sell a home in 38076, 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
84 DaysLast MonthJan 2025
83 Days1 month agoDec 2024
+1.0 %
Change MoMDec – Jan

Summary: Homes in 38076 had an average listing age of 84 days in Jan 2025, up by 1.0% compared to the previous month.

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Newest Listings in 38076, TN

What homes are available in 38076, TN?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Memphis MLS, for the period 12/01/2024 - 02/01/2025

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: 2/10/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.