The story of this market
The typical home in ZIP 38568 sells for about $174,400, or $115 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 85 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 38568 — Hilham
The housing market in 38568 is characterized by low inventory and slow turnover, typical of a rural Tennessee community. Prices have seen modest year-over-year growth, driven by limited supply rather than high demand. The market remains stable with little speculative activity.
This ZIP is best suited for those seeking a quiet, rural lifestyle, including retirees and families who prioritize affordability over proximity to urban employment centers.
Median prices moved up 2.1% year over year.
Homes spend a median of 85 days on market with 6.2 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 5.4% · poverty 20.5% — a mixed stability 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 4.7%/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 38568, Overton 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.
Schools serving the Hilham area are primarily managed by the Overton County School District, which generally reflects rural Tennessee educational standards.
The area is subject to standard regional risks including severe thunderstorms and occasional flooding in low-lying areas near creeks.
Economic momentum is limited, with the area serving primarily as a rural residential base for the broader Upper Cumberland region.
Property taxes are assessed by Overton County based on the appraised value of real property, with rates set by the county commission and local municipal entities where applicable.
Commutes are primarily car-dependent, with residents typically driving to Cookeville or Livingston for employment and major services.
The area offers access to rural outdoor activities, including proximity to Standing Stone State Park and local fishing spots.
The rental market is characterized by low inventory and limited turnover, with demand driven by local workforce needs.
The local economy is largely driven by agriculture, small-scale manufacturing, and services provided in nearby county seats.
Public transit is not available; the area relies entirely on private vehicle transportation via state highways.
There are no major large-scale commercial or residential developments currently reported for this rural ZIP code.
The Overton County Assessor of Property manages assessments based on state-mandated reappraisal cycles.
Parcels are subject to Overton County property taxes and the Overton County School District levy.
Property insurance premiums are generally stable but reflect regional risks associated with wind and storm damage common in Tennessee.
Tennessee is a non-judicial foreclosure state, allowing for relatively efficient trustee sales following default.
Tennessee requires sellers to provide a residential property disclosure statement, though certain exemptions apply for specific types of transfers.
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.
A large state park offering hiking, fishing, and camping facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.