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HALLS, TN 38040

Real Estate Market Report  ·  Lauderdale County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
22
⇧ 69.2% vs 13 last year
Pending
3
14% pending ratio
Median Price
$202,000
⇧ 42.3% vs $141,925 last year
Average Price
$256,735
⇧ 16.2% vs $220,881 last year
Days on Market
96
⇩ 5.9% vs 102 days last year

Market Context

Population: 4,848  ·  Density: 14.3/mi²  ·  Median household income: $46,554

Typical home value: $102,221  ·  Homeownership: 56.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The HALLS, TN real estate market (38040) currently shows 22 active listings, with 3 pending sales. Homes are averaging 96 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are selling faster, averaging 96 days on market compared to 102 days last year.

The median listing price has risen 42.3% year-over-year, from $141,925 to $202,000.

Whether you are buying or selling in HALLS, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 22 this year vs 13 last year
  • Days on market: 96 now vs 102 last year

Median & Average Pricing

Year over Year
  • Median: $202,000 (+42.3% YoY)
  • Average: $256,735 (+16.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.6 miles — 328 listings ($131,001,691 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38040Halls, TN 380400.0 mi22$5,648,170$202,000$256,735
38024Dyersburg, TN 3802412.0 mi110$29,026,690$239,000$263,879
38034Friendship, TN 3803413.9 mi7$1,797,481$227,900$256,783
38041Henning, TN 3804120.6 mi1$197,250$197,250$197,250
63830Caruthersville, MO 6383021.3 mi15$1,512,675$66,000$100,845
38012Brownsville, TN 3801222.2 mi58$17,635,770$245,000$304,065
72358Luxora, AR 7235823.0 mi4$398,900$83,500$99,725
38019Covington, TN 3801923.7 mi43$12,116,067$249,250$281,769
38006Bells, TN 3800625.1 mi13$5,801,315$309,900$446,255
38337Gadsden, TN 3833727.1 mi6$2,139,240$389,000$356,540
38382Trenton, TN 3838228.0 mi31$7,466,009$214,900$240,839
63851Hayti, MO 6385129.3 mi7$702,919$122,500$100,417
38069Stanton, TN 3806929.6 mi11$46,559,205$277,450$4,232,655

Frequently Asked Questions

How many homes are for sale in HALLS, TN 38040?

As of January 2026, there are 22 active listings in HALLS, TN (zip code 38040), compared to 13 the prior year.

What is the median home price in HALLS, TN 38040?

The median listing price in HALLS, TN 38040 is $202,000 as of January 2026, a 42.3% increase from $141,925 the prior year.

How long do homes stay on the market in HALLS, TN?

Homes in HALLS, TN 38040 spend an average of 96 days on the market before going under contract, compared to 102 days the prior year.

Is it a seller's or buyer's market in HALLS, TN 38040?

Based on current inventory and days-on-market data as of January 2026, HALLS, TN 38040 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 96 days on market compared to 102 days last year.

How much can I save on real estate commission in HALLS, TN?

With SELL123.com's maximum 3% commission, sellers in HALLS, TN 38040 save an estimated $4,040 compared to a typical 5% commission on the median listing price of $202,000. 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.