The story of this market
The typical home in ZIP 38257 sells for about $209,900, or $158 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $795 a month.
ZIP 38257
The housing market in 38257 is characterized by low inventory and slow turnover, reflecting a stable but quiet rural market. Prices have seen modest appreciation over the last decade, though the market remains highly affordable compared to national averages. Current conditions are driven by limited new construction and a steady, aging population base.
This ZIP is best suited for budget-conscious family buyers and retirees looking for affordable, small-town living in a rural setting.
Median prices moved up 2.5% year over year.
Homes spend a median of 84 days on market with 3.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.6% · poverty 18.7% — 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 10.6%/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
in-migration and out-migration balanced
ZCTA 38257, Obion County TN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Property taxes are assessed at the county level in Obion County, Tennessee, based on a state-mandated assessment ratio applied to appraised value.
Residents primarily rely on personal vehicles for commuting, with access to US Highway 45E serving as the primary corridor for regional travel.
Local recreation is limited, with small community parks and proximity to rural outdoor spaces; major shopping and dining are primarily found in neighboring larger towns.
The rental market is characterized by low inventory and modest demand, primarily serving local workers and long-term residents.
The local economy is primarily driven by agriculture, manufacturing, and small-scale retail services.
Transportation is almost exclusively automobile-dependent with no public transit infrastructure.
Obion County Assessor of Property manages assessments for all parcels within the county.
Parcels are subject to Obion County school and general fund tax levies.
Standard rural property insurance rates apply; hazard exposure is primarily related to severe weather events common in Northwest Tennessee.
Data retrieved from US Census Bureau ZCTA-level profiles.
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.
- Discovery Park of America4.810.4 mi
- Ciné Theater4.57.3 mi
- Dixie Gun Works4.410.9 mi
- Graham Park4.38.4 mi
- Southlane Bowling4.311.9 mi
- Discovery Park of America4.810.4 mi
- Martin Recreation Complex4.610.2 mi
- Graham Park4.38.4 mi
- Virginia Weldon Park4.48 mi
- Unity Park4.43.4 mi
- Rural King4.57.5 mi
- Ruler Foods4.47.3 mi
- Reelfoot Shopping Center4.110.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park providing basic recreational space.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).