Active Listings
6
⇩ 33.3% vs 9 last year
Population: 5,365 · Density: 27.5/mi² · Median household income: $71,403
Typical home value: $199,646 · Homeownership: 79.5%
Data as of January 2026. Source: Realtor.com.
The DRUMMONDS, TN real estate market (38023) currently shows 6 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 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 77 days on market compared to 94 days last year.
The median listing price has fallen 9.6% year-over-year, from $414,950 to $374,950.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38023 | Drummonds, TN 38023 | 0.0 mi | 6 | $3,621,798 | $374,950 | $603,633 |
| 72395 | Wilson, AR 72395 | 9.0 mi | 3 | $322,350 | $107,450 | $107,450 |
| 72350 | Joiner, AR 72350 | 9.6 mi | 1 | $64,950 | $64,950 | $64,950 |
| 38004 | Atoka, TN 38004 | 11.1 mi | 51 | $21,841,005 | $437,000 | $428,255 |
| 72370 | Osceola, AR 72370 | 16.1 mi | 20 | $2,755,380 | $115,000 | $137,769 |
| 38128 | Memphis, TN 38128 | 17.2 mi | 142 | $26,221,578 | $169,498 | $184,659 |
| 38041 | Henning, TN 38041 | 18.2 mi | 1 | $197,250 | $197,250 | $197,250 |
| 38019 | Covington, TN 38019 | 19.0 mi | 43 | $12,116,067 | $249,250 | $281,769 |
| 38108 | Memphis, TN 38108 | 20.6 mi | 66 | $6,157,338 | $85,000 | $93,293 |
| 38036 | Gallaway, TN 38036 | 21.3 mi | 1 | $220,000 | $220,000 | $220,000 |
| 38122 | Memphis, TN 38122 | 22.0 mi | 94 | $17,636,092 | $164,960 | $187,618 |
| 72358 | Luxora, AR 72358 | 22.5 mi | 4 | $398,900 | $83,500 | $99,725 |
| 38105 | Memphis, TN 38105 | 22.9 mi | 15 | $4,303,155 | $215,000 | $286,877 |
As of January 2026, there are 6 active listings in DRUMMONDS, TN (zip code 38023), compared to 9 the prior year.
The median listing price in DRUMMONDS, TN 38023 is $374,950 as of January 2026, a 9.6% decrease from $414,950 the prior year.
Homes in DRUMMONDS, TN 38023 spend an average of 77 days on the market before going under contract, compared to 94 days the prior year.
Based on current inventory and days-on-market data as of January 2026, DRUMMONDS, TN 38023 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 77 days on market compared to 94 days last year.
With SELL123.com's maximum 3% commission, sellers in DRUMMONDS, TN 38023 save an estimated $7,499 compared to a typical 5% commission on the median listing price of $374,950. 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.