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PALMERSVILLE, TN 38241

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

Market Overview

Active Listings
6
Pending
1
17% pending ratio
Median Price
$94,000
Average Price
$134,400
Days on Market
35

Market Context

Population: 901  ·  Density: 5.8/mi²  ·  Median household income: $57,656

Typical home value: $124,330  ·  Homeownership: 76.9%

Market Analysis

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

The PALMERSVILLE, TN real estate market (38241) currently shows 6 active listings, with 1 pending sales. Homes are averaging 35 days on the market before going under contract.

Whether you are buying or selling in PALMERSVILLE, 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

Median & Average Pricing

Year over Year

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 25.2 miles — 257 listings ($91,495,603 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38241Palmersville, TN 382410.0 mi6$806,400$94,000$134,400
38224Cottage Grove, TN 382246.2 mi4$1,116,900$292,500$279,225
38225Dresden, TN 382259.1 mi19$5,412,416$250,250$284,864
38237Martin, TN 3823714.2 mi41$12,321,074$254,450$300,514
38229Gleason, TN 3822914.4 mi8$1,886,312$154,900$235,789
42088Wingo, KY 4208816.0 mi6$1,199,802$215,000$199,967
38257South Fulton, TN 3825716.5 mi8$1,373,944$163,500$171,743
38231Henry, TN 3823117.5 mi4$769,800$121,400$192,450
38255Sharon, TN 3825520.1 mi4$1,410,640$274,900$352,660
38201McKenzie, TN 3820121.3 mi52$15,622,724$259,900$300,437
42071Murray, KY 4207121.6 mi81$33,164,397$350,000$409,437
38222Buchanan, TN 3822223.8 mi22$16,001,194$389,999$727,327
38236Mansfield, TN 3823625.2 mi2$410,000$205,000$205,000

Frequently Asked Questions

How many homes are for sale in PALMERSVILLE, TN 38241?

As of January 2026, there are 6 active listings in PALMERSVILLE, TN (zip code 38241).

What is the median home price in PALMERSVILLE, TN 38241?

The median listing price in PALMERSVILLE, TN 38241 is $94,000 as of January 2026.

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

Homes in PALMERSVILLE, TN 38241 spend an average of 35 days on the market before going under contract.

Is it a seller's or buyer's market in PALMERSVILLE, TN 38241?

Based on current inventory and days-on-market data as of January 2026, PALMERSVILLE, TN 38241 is currently a Balanced Market.

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

With SELL123.com's maximum 3% commission, sellers in PALMERSVILLE, TN 38241 save an estimated $1,880 compared to a typical 5% commission on the median listing price of $94,000. 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.