38382 Housing Market Report January 2025Gibson County, Tennessee

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Housing Prices in 38382, TN

How much do homes in 38382, 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.
$120,000$86/SqFt
-$112,450
-48.4%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 38382 has decreased by 48.4% since last year.

Summary: The median home list price in 38382 was $120,000 in January 2025, down 48.4% from the previous year, and the median price per square foot was $86.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
38343
+28.2%
38382
-48.4%

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.
BedsJan 2024Jan 2025Change YoY
1--
N/A
2$120K$145K
+20.8%
3$212.4K$62.5K
-70.6%
4$322.4K$134.9K
-58.1%
5$250K$250K
0.0%

Summary: 38382 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 increased by +20.8%. The home price for 3 bedroom homes decreased by -70.6%. The home price for 4 bedroom homes decreased by -58.1%. The home price for 5 bedroom homes did not change.

Housing supply in 38382, TN

How many homes are available in 38382, 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 MonthJan 2025
12 months agoDec 2024
+100.0 %
Change MoMDec – Jan

Summary: The 38382 real estate market had 2 homes for sale in Jan 2025, a 100.0 % 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%
211
0.0%
301
+100.0%
400
0.0%
500
0.0%

Summary: 38382 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 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 38382, TN

How long does it take to sell a home in 38382, TN?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
30 DaysThis YearJan 2025
105 Days1 year agoJan 2024
-71.5 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 38382 had an average listing age of 30 days in Jan 2025, down by 71.5% compared to the previous year.

Newest Listings in 38382, TN

What homes are available in 38382, TN?

Nearby markets

Nearby markets aren't available for 38382, TN

MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS, and Memphis MLS for the period 02/01/2023 - 02/01/2025

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX© 2025 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 1:18:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 2/5/2025, 1:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.