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HICKORY VALLEY, TN 38042

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The HICKORY VALLEY, TN real estate market (38042) currently shows 5 active listings, with 1 pending sales. Homes are averaging 166 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 166 days on market compared to 77 days last year.

The median listing price has risen 137.5% year-over-year, from $344,700 to $818,500.

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Market Context

Market Context

Population: 655  ·  Density: 4.9/mi²  ·  Median household income: $45,329

Typical home value: $163,197  ·  Homeownership: 76.2%

Market Overview

Active Listings
5
⇩ 16.7% vs 6 last year
Pending
1
20% pending ratio
Median Price
$818,500
⇧ 137.5% vs $344,700 last year
Average Price
$1,233,600
⇧ 140.8% vs $512,225 last year
Days on Market
166
⇧ 115.6% vs 77 days last year

Price Per Square Foot

Median $/sqft
$245
⇧ 69% vs $145/sqft last year
Median Home Size
4,454 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%
—

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 6 last year
  • Days on market: 166 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $818,500 (+137.5% YoY)
  • Average: $1,233,600 (+140.8% 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 28.1 miles — 273 listings ($215,444,024 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38042Hickory Valley, TN 380420.0 mi3$272,175$90,725$90,725
38039Grand Junction, TN 380397.0 mi3$951,000$317,000$317,000
38068Somerville, TN 3806813.4 mi34$21,513,908$349,698$632,762
38647Michigan City, MS 3864714.0 mi3$2,583,750$861,250$861,250
38075Whiteville, TN 3807515.3 mi7$2,658,383$374,900$379,769
38076Williston, TN 3807618.1 mi7$16,986,669$467,000$2,426,667
38642Lamar, MS 3864219.6 mi2$774,666$431,000$387,333
38060Oakland, TN 3806021.1 mi140$57,209,180$399,650$408,637
38683Walnut, MS 3868321.7 mi6$1,087,794$127,900$181,299
38392Mercer, TN 3839222.1 mi3$2,095,851$275,900$698,617
38674Tiplersville, MS 3867423.7 mi2$429,000$214,500$214,500
38069Stanton, TN 3806925.2 mi10$44,779,950$276,225$4,477,995
38028Eads, TN 3802828.1 mi53$64,101,698$749,475$1,209,466

Frequently Asked Questions

How many homes are for sale in HICKORY VALLEY, TN 38042?

As of September 2026, there are 5 active listings in HICKORY VALLEY, TN (zip code 38042), compared to 6 the prior year.

What is the median home price in HICKORY VALLEY, TN 38042?

The median listing price in HICKORY VALLEY, TN 38042 is $818,500 as of September 2026, a 137.5% increase from $344,700 the prior year.

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

Homes in HICKORY VALLEY, TN 38042 spend an average of 166 days on the market before going under contract, compared to 77 days the prior year.

Is it a seller's or buyer's market in HICKORY VALLEY, TN 38042?

Based on current inventory and days-on-market data as of September 2026, HICKORY VALLEY, TN 38042 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 166 days on market compared to 77 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HICKORY VALLEY, TN 38042 save an estimated $16,370 compared to a typical 5% commission on the median listing price of $818,500. 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.