Data as of April 2026. Source: Realtor.com.
The DRUMMONDS, TN real estate market (38023) currently shows 16 active listings, with 7 pending sales. Homes are averaging 23 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 23 days on market compared to 52 days last year.
The median listing price has fallen 34.2% year-over-year, from $467,450 to $307,500.
Whether you are buying or selling in DRUMMONDS, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 5,365 · Density: 27.5/mi² · Median household income: $71,403
Typical home value: $199,646 · Homeownership: 79.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38023 | Drummonds, TN 38023 | 0.0 mi | 6 | $2,936,280 | $351,500 | $489,380 |
| 72395 | Wilson, AR 72395 | 9.0 mi | 2 | $212,400 | $106,200 | $106,200 |
| 72350 | Joiner, AR 72350 | 9.6 mi | 1 | $64,950 | $64,950 | $64,950 |
| 38004 | Atoka, TN 38004 | 11.1 mi | 49 | $22,066,023 | $465,925 | $450,327 |
| 72370 | Osceola, AR 72370 | 16.1 mi | 23 | $3,365,889 | $127,400 | $146,343 |
| 38127 | Memphis, TN 38127 | 16.8 mi | 285 | $32,019,180 | $109,700 | $112,348 |
| 38135 | Memphis, TN 38135 | 17.3 mi | 82 | $28,023,090 | $326,850 | $341,745 |
| 38041 | Henning, TN 38041 | 18.2 mi | 4 | $633,500 | $152,500 | $158,375 |
| 38019 | Covington, TN 38019 | 19.0 mi | 53 | $15,721,973 | $294,900 | $296,641 |
| 38108 | Memphis, TN 38108 | 20.6 mi | 93 | $10,026,609 | $109,250 | $107,813 |
| 38036 | Gallaway, TN 38036 | 21.3 mi | 1 | $220,000 | $220,000 | $220,000 |
| 38122 | Memphis, TN 38122 | 22.0 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 72358 | Luxora, AR 72358 | 22.5 mi | 5 | $774,875 | $186,725 | $154,975 |
As of April 2026, there are 16 active listings in DRUMMONDS, TN (zip code 38023), compared to 16 the prior year.
The median listing price in DRUMMONDS, TN 38023 is $307,500 as of April 2026, a 34.2% decrease from $467,450 the prior year.
Homes in DRUMMONDS, TN 38023 spend an average of 23 days on the market before going under contract, compared to 52 days the prior year.
Based on current inventory and days-on-market data as of April 2026, DRUMMONDS, TN 38023 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 23 days on market compared to 52 days last year.
With SELL123.com's maximum 3% commission, sellers in DRUMMONDS, TN 38023 save an estimated $6,150 compared to a typical 5% commission on the median listing price of $307,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.