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RIDGELY, TN 38080

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

Market Overview

Active Listings
7
⇩ 30% vs 10 last year
Pending
1
14% pending ratio
Median Price
$129,900
⇩ 5.5% vs $137,475 last year
Average Price
$337,371
⇧ 151.5% vs $134,119 last year
Days on Market
144
⇧ 84.6% vs 78 days last year

Market Context

Population: 2,591  ·  Density: 7.2/mi²  ·  Median household income: $38,427

Typical home value: $90,347  ·  Homeownership: 47.2%

Market Analysis

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

The RIDGELY, TN real estate market (38080) currently shows 7 active listings, with 1 pending sales. Homes are averaging 144 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 taking longer to sell, averaging 144 days on market compared to 78 days last year.

The median listing price has fallen 5.5% year-over-year, from $137,475 to $129,900.

Whether you are buying or selling in RIDGELY, 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: 7 this year vs 10 last year
  • Days on market: 144 now vs 78 last year

Median & Average Pricing

Year over Year
  • Median: $129,900 (-5.5% YoY)
  • Average: $337,371 (+151.5% 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 29.1 miles — 238 listings ($63,333,474 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38080Ridgely, TN 380800.0 mi7$2,361,597$129,900$337,371
38240Obion, TN 3824011.7 mi3$3,317,001$245,000$1,105,667
38024Dyersburg, TN 3802413.7 mi110$29,026,690$239,000$263,879
38232Hornbeak, TN 3823214.9 mi20$6,090,160$254,900$304,508
63873Portageville, MO 6387317.3 mi9$1,176,003$122,500$130,667
63879Wardell, MO 6387919.3 mi1$139,000$139,000$139,000
63877Steele, MO 6387720.5 mi7$910,875$109,250$130,125
63827Bragg City, MO 6382721.1 mi1$145,900$145,900$145,900
38034Friendship, TN 3803425.6 mi7$1,797,481$227,900$256,783
38233Kenton, TN 3823326.5 mi12$2,055,492$125,000$171,291
38261Union City, TN 3826127.6 mi47$12,872,642$235,000$273,886
63869New Madrid, MO 6386928.1 mi7$1,209,453$159,900$172,779
38037Gates, TN 3803729.1 mi7$2,231,180$284,900$318,740

Frequently Asked Questions

How many homes are for sale in RIDGELY, TN 38080?

As of January 2026, there are 7 active listings in RIDGELY, TN (zip code 38080), compared to 10 the prior year.

What is the median home price in RIDGELY, TN 38080?

The median listing price in RIDGELY, TN 38080 is $129,900 as of January 2026, a 5.5% decrease from $137,475 the prior year.

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

Homes in RIDGELY, TN 38080 spend an average of 144 days on the market before going under contract, compared to 78 days the prior year.

Is it a seller's or buyer's market in RIDGELY, TN 38080?

Based on current inventory and days-on-market data as of January 2026, RIDGELY, TN 38080 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 144 days on market compared to 78 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RIDGELY, TN 38080 save an estimated $2,598 compared to a typical 5% commission on the median listing price of $129,900. 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.