The story of this market
The typical home in ZIP 38320 sells for about $198,941, or $125 per square foot.
Prices are up +11.8% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $778 a month.
ZIP 38320
The 38320 housing market is experiencing moderate price appreciation, with a 11.8% year-over-year increase in median sale price. While sales volume has declined, the market remains stable due to limited inventory and consistent demand for rural, affordable properties. The market is currently characterized by longer days on market compared to national averages, reflecting its rural nature.
This ZIP is well-suited for retirees, outdoor enthusiasts, and families seeking a quiet, rural lifestyle with affordable housing. It is less ideal for those requiring proximity to major metropolitan employment centers or public transit.
Median prices moved up 11.8% year over year.
Homes spend a median of 62 days on market with 4.7 months of supply — a balanced-paced market.
0% 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 4.5% · poverty 16.5% — 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 8.6%/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 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 38320, Benton 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.
Crime rates in Camden are generally lower than the national average, with property crime being the most frequently reported concern. The area is considered relatively safe compared to larger urban centers in Tennessee.
Schools in the Benton County School District serving this area are characterized by small class sizes and a focus on community-based education. Performance ratings are generally moderate, reflecting the rural nature of the district.
The area faces moderate risks from severe thunderstorms and occasional flooding near the Tennessee River and Kentucky Lake. Insurance premiums are influenced by these regional weather patterns.
Economic momentum is driven by local manufacturing, agriculture, and tourism related to Kentucky Lake. Infrastructure development is focused on maintaining rural connectivity and supporting local small businesses.
Property taxes are assessed by Benton County based on a state-mandated appraisal cycle. The jurisdiction utilizes a local tax rate applied to the assessed value, with no state-level personal income tax on wages.
Commuting is primarily car-dependent, with residents traveling to local employment hubs in Camden or neighboring towns like Paris. There is no public transit infrastructure available.
The area is defined by its proximity to Kentucky Lake and the Tennessee River, offering extensive boating, fishing, and outdoor recreation. Local parks and community centers provide the primary social and recreational amenities.
The rental market is characterized by low inventory and steady demand from local workers and retirees. Short-term rentals are present near the lakefront, impacting overall vacancy rates.
The economy is anchored by manufacturing, agriculture, and tourism. Major employers include local government, healthcare services, and regional industrial facilities.
Transportation is dominated by private vehicle use on state highways. There is no significant public transit or rail infrastructure.
Development is primarily focused on residential infill and small-scale commercial improvements. No major large-scale infrastructure projects are currently reported.
The Benton County Assessor of Property manages the appraisal process, conducting periodic reappraisals to ensure equitable taxation.
Parcels are subject to county and city property taxes, with no significant MUD or PID districts reported.
Property insurance availability is stable, though premiums are sensitive to regional wind and storm risk profiles.
Data retrieved from US 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.
Major regional attraction for fishing, boating, and recreation.
Provides hiking trails and historical exhibits near the Tennessee River.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).