The story of this market
The typical home in ZIP 37388 sells for about $330,000, or $185 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $878 a month.
ZIP 37388 — Tullahoma
The 37388 housing market shows steady demand and balanced inventory, supported by a stable local economy anchored by the aerospace sector. While prices have appreciated, the area remains relatively affordable compared to larger Tennessee metros, driving consistent interest from local buyers.
This ZIP is well-suited for families and professionals working at Arnold Air Force Base or in local manufacturing, seeking an affordable cost of living with access to outdoor recreation. It appeals to those prioritizing a suburban lifestyle with proximity to regional employment hubs.
Median prices moved up 3.2% year over year.
Homes spend a median of 58 days on market with 4.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 15.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 37388, Tennessee
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Tullahoma are generally considered moderate, with property crime being the primary concern compared to violent crime. The area remains consistent with regional averages for similar-sized Tennessee municipalities.
The area is served by Tullahoma City Schools, which maintains a reputation for solid academic performance and strong community support. Schools in the district generally receive favorable ratings compared to state averages.
The region faces moderate risks from severe thunderstorms and occasional wind events, with localized flood risks in low-lying areas near the Elk River. Standard property insurance coverage is widely available, though premiums reflect regional weather patterns.
Economic momentum is driven by the aerospace and manufacturing sectors, anchored by the nearby Arnold Air Force Base. Infrastructure development is focused on maintaining the city's role as a regional hub for Coffee and Franklin counties.
Property taxes are assessed at the county level by Coffee and Franklin County assessors, with additional municipal taxes levied by the City of Tullahoma. There are no state-level personal income taxes on wages in Tennessee.
Commuting is primarily car-dependent, with residents utilizing US-41A and TN-55 to reach major employment centers in Manchester or the Arnold Air Force Base complex. Public transit options are extremely limited, necessitating personal vehicle ownership.
The area features extensive outdoor amenities including Short Springs State Natural Area, Tims Ford State Park, and several local municipal parks. Shopping and dining are concentrated along the North Jackson Street corridor.
The rental market is characterized by steady demand from military personnel and local workforce, with moderate vacancy rates. Short-term rental activity is present but remains secondary to long-term residential leasing.
The economy is heavily influenced by the aerospace and defense industry, with Arnold Air Force Base serving as the primary economic anchor. Manufacturing and healthcare sectors provide additional stability to the local labor market.
Transportation infrastructure is centered on highway connectivity via US-41A and TN-55. There is no significant public transit system, and the area relies on regional road networks for all logistics and commuting.
Development is focused on residential expansion in the northern and eastern fringes of the city. Commercial planning is prioritized along the main arterial corridors to support population growth.
Parcels are subject to municipal taxes from the City of Tullahoma and county-level assessments. Utility districts provide water and sewer services, with some areas served by municipal providers.
Property insurance remains stable, though premiums are sensitive to regional storm and wind risk profiles. Market health is considered standard for the Middle Tennessee region.
Data retrieved from Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Jack Daniel's Distillery4.810.8 mi
- Old Stone Fort State Archaeological Park4.810.6 mi
- Tims Ford State Park4.79.8 mi
- Short Springs Natural Area4.84.3 mi
- Miss Mary Bobo's Restaurant4.711.2 mi
- Old Stone Fort State Archaeological Park4.810.6 mi
- Beechcraft Heritage Museum4.93.1 mi
- Falls Mill and Museum4.917.9 mi
- Hands-On Science Center (HOSC)4.40.7 mi
- Coffee County Courthouse4.210.8 mi
- Old Stone Fort State Archaeological Park4.810.6 mi
- Tims Ford State Park4.79.8 mi
- Rutledge Falls4.85.7 mi
- Short Springs Natural Area4.84.3 mi
- Bear Trace At Tims Ford State Park (TN Golf Trail)4.610.6 mi
- Bluegill Grill4.46.4 mi
- Twin Creeks Marina & Resort4.611.6 mi
- Tims Ford Marina & Resort4.59.2 mi
- Lakeview Marina4.710.2 mi
- Holiday Landing Marina4.56.4 mi
- Publix Super Market at Northgate Mall4.72.6 mi
- JCPenney4.22.4 mi
- Dollar General3.810.6 mi
- The Seafood Place4.81.1 mi
- Johnson's Highway 55 Flea Market4.25.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional destination for boating, fishing, and hiking.
Known for scenic waterfalls and diverse hiking trails.
Private 18-hole course serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.