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UNION CITY, TN 38261

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

Market Overview

Active Listings
47
⇧ 17.5% vs 40 last year
Pending
10
21% pending ratio
Median Price
$235,000
⇩ 6% vs $249,975 last year
Average Price
$273,886
⇩ 1% vs $276,666 last year
Days on Market
138
⇧ 29% vs 107 days last year

Market Context

Population: 16,325  ·  Density: 35.6/mi²  ·  Median household income: $50,576

Typical home value: $136,004  ·  Homeownership: 59.7%

Market Analysis

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

The UNION CITY, TN real estate market (38261) currently shows 47 active listings, with 10 pending sales. Homes are averaging 138 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 138 days on market compared to 107 days last year.

The median listing price has fallen 6% year-over-year, from $249,975 to $235,000.

Whether you are buying or selling in UNION CITY, 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: 47 this year vs 40 last year
  • Days on market: 138 now vs 107 last year

Median & Average Pricing

Year over Year
  • Median: $235,000 (-6% YoY)
  • Average: $273,886 (-1% 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 27.1 miles — 159 listings ($39,258,056 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38261Union City, TN 382610.0 mi47$12,872,642$235,000$273,886
42050Hickman, KY 420509.3 mi7$668,640$89,900$95,520
38232Hornbeak, TN 3823212.9 mi20$6,090,160$254,900$304,508
42041Fulton, KY 4204115.5 mi23$4,546,985$161,500$197,695
38259Trimble, TN 3825916.4 mi2$47,800$23,900$23,900
38240Obion, TN 3824016.9 mi3$3,317,001$245,000$1,105,667
38255Sharon, TN 3825519.3 mi4$1,410,640$274,900$352,660
42085Water Valley, KY 4208519.9 mi2$329,800$164,900$164,900
38369Rutherford, TN 3836922.3 mi10$1,963,500$152,450$196,350
63869New Madrid, MO 6386923.6 mi7$1,209,453$159,900$172,779
38226Dukedom, TN 3822625.3 mi1$99,900$99,900$99,900
38330Dyer, TN 3833025.6 mi21$3,774,855$184,900$179,755
38230Greenfield, TN 3823027.1 mi12$2,926,680$210,000$243,890

Frequently Asked Questions

How many homes are for sale in UNION CITY, TN 38261?

As of January 2026, there are 47 active listings in UNION CITY, TN (zip code 38261), compared to 40 the prior year.

What is the median home price in UNION CITY, TN 38261?

The median listing price in UNION CITY, TN 38261 is $235,000 as of January 2026, a 6% decrease from $249,975 the prior year.

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

Homes in UNION CITY, TN 38261 spend an average of 138 days on the market before going under contract, compared to 107 days the prior year.

Is it a seller's or buyer's market in UNION CITY, TN 38261?

Based on current inventory and days-on-market data as of January 2026, UNION CITY, TN 38261 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 138 days on market compared to 107 days last year.

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

With SELL123.com's maximum 3% commission, sellers in UNION CITY, TN 38261 save an estimated $4,700 compared to a typical 5% commission on the median listing price of $235,000. 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.