Data as of September 2026. Source: Realtor.com.
The DRUMMONDS, TN real estate market (38023) currently shows 11 active listings, with 4 pending sales. Homes are averaging 77 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 77 days on market compared to 36 days last year.
The median listing price has risen 26.5% year-over-year, from $339,975 to $429,900.
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 September 2026, there are 11 active listings in DRUMMONDS, TN (zip code 38023), compared to 13 the prior year.
The median listing price in DRUMMONDS, TN 38023 is $429,900 as of September 2026, a 26.5% increase from $339,975 the prior year.
Homes in DRUMMONDS, TN 38023 spend an average of 77 days on the market before going under contract, compared to 36 days the prior year.
Based on current inventory and days-on-market data as of September 2026, DRUMMONDS, TN 38023 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 77 days on market compared to 36 days last year.
With SELL123.com's maximum 3% commission, sellers in DRUMMONDS, TN 38023 save an estimated $8,598 compared to a typical 5% commission on the median listing price of $429,900. 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.