The story of this market
The typical home in ZIP 38541 sells for about $131,000, or $93 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 117 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,033 a month.
ZIP 38541 — Allons
The housing market in 38541 is characterized by very low transaction volume and a small, rural inventory base. Prices remain low relative to regional averages, reflecting the area's remote location and limited economic development. Market activity is primarily driven by recreational interest in the nearby Dale Hollow Lake.
This area is best suited for retirees, outdoor enthusiasts, and those seeking a low-cost, rural lifestyle near Dale Hollow Lake, rather than commuters or those requiring urban amenities.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 117 days on market with 0.0 months of supply — a slower-moving market.
7% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 10.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 38541, Pickett 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.
Residents of the area benefit from short daily commutes, averaging approximately 18 minutes, though the area lacks public transit infrastructure.
The area is primarily rural and serves as a gateway to Dale Hollow Lake, offering significant access to boating, fishing, and outdoor recreation.
The local economy is largely rural and tourism-dependent, centered around the recreational activities provided by Dale Hollow Lake.
The area relies entirely on private vehicle transportation with no public transit systems available.
Data sourced from Point2Homes and HometownLocator census aggregations.
A major regional reservoir known for boating, fishing, and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.