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RIVES, TN 38253

Real Estate Market Report  ·  Obion County
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The RIVES, TN real estate market (38253) currently shows 3 active listings, with 1 pending sales. Homes are averaging 89 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 89 days on market compared to 20 days last year.

The median listing price has risen 193.2% year-over-year, from $72,000 to $211,125.

Whether you are buying or selling in RIVES, 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: 991  ·  Density: 7.3/mi²  ·  Median household income: $62,700

Typical home value: $187,827  ·  Homeownership: 69.1%

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
1
33% pending ratio
Median Price
$211,125
⇧ 193.2% vs $72,000 last year
Average Price
$299,296
⇧ 315.7% vs $72,000 last year
Days on Market
89
⇧ 345% vs 20 days last year

Price Per Square Foot

Median $/sqft
$203
⇧ 256.1% vs $57/sqft last year
Median Home Size
1,563 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: 3 this year vs 2 last year
  • Days on market: 89 now vs 20 last year

Median & Average Pricing

Year over Year
  • Median: $211,125 (+193.2% YoY)
  • Average: $299,296 (+315.7% 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 26.7 miles — 145 listings ($37,204,401 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38253Rives, TN 382530.0 mi3$624,600$208,200$208,200
38259Trimble, TN 382599.7 mi5$1,243,665$269,900$248,733
38260Troy, TN 382609.8 mi16$4,258,608$227,450$266,163
38369Rutherford, TN 3836912.6 mi10$2,115,560$172,450$211,556
38240Obion, TN 3824015.0 mi3$3,317,001$245,000$1,105,667
38232Hornbeak, TN 3823215.1 mi19$4,599,976$238,675$242,104
38059Newbern, TN 3805916.5 mi21$5,516,154$187,225$262,674
42050Hickman, KY 4205019.0 mi5$441,000$78,425$88,200
38316Bradford, TN 3831620.9 mi7$1,942,465$207,750$277,495
38382Trenton, TN 3838223.0 mi28$5,992,476$193,650$214,017
38079Tiptonville, TN 3807924.3 mi6$1,056,462$170,700$176,077
38229Gleason, TN 3822925.6 mi10$2,738,210$179,000$273,821
38080Ridgely, TN 3808026.7 mi12$3,358,224$119,175$279,852

Frequently Asked Questions

How many homes are for sale in RIVES, TN 38253?

As of June 2026, there are 3 active listings in RIVES, TN (zip code 38253), compared to 2 the prior year.

What is the median home price in RIVES, TN 38253?

The median listing price in RIVES, TN 38253 is $211,125 as of June 2026, a 193.2% increase from $72,000 the prior year.

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

Homes in RIVES, TN 38253 spend an average of 89 days on the market before going under contract, compared to 20 days the prior year.

Is it a seller's or buyer's market in RIVES, TN 38253?

Based on current inventory and days-on-market data as of June 2026, RIVES, TN 38253 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 89 days on market compared to 20 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RIVES, TN 38253 save an estimated $4,223 compared to a typical 5% commission on the median listing price of $211,125. 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.