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HENNING, TN 38041

Real Estate Market Report  ·  Lauderdale County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The HENNING, TN real estate market (38041) currently shows 5 active listings, with 2 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 55 days on market compared to 42 days last year.

The median listing price has fallen 20.4% year-over-year, from $189,900 to $151,250.

Whether you are buying or selling in HENNING, 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 Context

Market Context

Population: 4,525  ·  Density: 17.1/mi²  ·  Median household income: $50,886

Typical home value: $91,397  ·  Homeownership: 65.8%

Market Overview

Active Listings
5
⇧ 66.7% vs 3 last year
Pending
2
40% pending ratio
Median Price
$151,250
⇩ 20.4% vs $189,900 last year
Average Price
$167,213
⇩ 11.2% vs $188,300 last year
Days on Market
55
⇧ 31% vs 42 days last year

Price Per Square Foot

Median $/sqft
$88
⇩ 32.3% vs $130/sqft last year
Median Home Size
1,583 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 3 last year
  • Days on market: 55 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $151,250 (-20.4% YoY)
  • Average: $167,213 (-11.2% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.5 miles — 299 listings ($89,838,849 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38041Henning, TN 380410.0 mi4$633,500$152,500$158,375
38063Ripley, TN 380638.0 mi47$11,038,608$219,900$234,864
38011Brighton, TN 3801111.9 mi30$10,530,090$326,175$351,003
38058Munford, TN 3805814.4 mi51$18,766,929$385,000$367,979
72395Wilson, AR 7239518.3 mi2$212,400$106,200$106,200
38049Mason, TN 3804919.9 mi13$11,532,586$405,750$887,122
38040Halls, TN 3804020.6 mi22$5,176,424$197,425$235,292
72370Osceola, AR 7237021.2 mi23$3,365,889$127,400$146,343
38036Gallaway, TN 3803622.4 mi1$220,000$220,000$220,000
38012Brownsville, TN 3801224.3 mi57$17,362,257$249,900$304,601
72350Joiner, AR 7235025.4 mi1$64,950$64,950$64,950
63839Cooter, MO 6383928.5 mi1$44,000$44,000$44,000
72442Manila, AR 7244229.5 mi47$10,891,216$247,925$231,728

Frequently Asked Questions

How many homes are for sale in HENNING, TN 38041?

As of March 2026, there are 5 active listings in HENNING, TN (zip code 38041), compared to 3 the prior year.

What is the median home price in HENNING, TN 38041?

The median listing price in HENNING, TN 38041 is $151,250 as of March 2026, a 20.4% decrease from $189,900 the prior year.

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

Homes in HENNING, TN 38041 spend an average of 55 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in HENNING, TN 38041?

Based on current inventory and days-on-market data as of March 2026, HENNING, TN 38041 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 55 days on market compared to 42 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HENNING, TN 38041 save an estimated $3,025 compared to a typical 5% commission on the median listing price of $151,250. 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.