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HENDERSON, TN 38340

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

Market Analysis

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

The HENDERSON, TN real estate market (38340) currently shows 48 active listings, with 14 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 55 days on market compared to 50 days last year.

The median listing price has fallen 3.6% year-over-year, from $279,900 to $269,925.

Whether you are buying or selling in HENDERSON, 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: 12,256  ·  Density: 27.2/mi²  ·  Median household income: $56,804

Typical home value: $126,243  ·  Homeownership: 72.6%

Market Overview

Active Listings
48
⇩ 32.4% vs 71 last year
Pending
14
29% pending ratio
Median Price
$269,925
⇩ 3.6% vs $279,900 last year
Average Price
$391,665
⇩ 4.7% vs $411,026 last year
Days on Market
55
⇧ 10% vs 50 days last year

Price Per Square Foot

Median $/sqft
$164
⇧ 5.1% vs $156/sqft last year
Median Home Size
1,853 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 48 this year vs 71 last year
  • Days on market: 55 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $269,925 (-3.6% YoY)
  • Average: $391,665 (-4.7% 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 23.3 miles — 369 listings ($146,239,802 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38340Henderson, TN 383400.0 mi51$19,946,355$254,675$391,105
38366Pinson, TN 383666.4 mi5$2,662,250$532,450$532,450
38347Jacks Creek, TN 3834711.6 mi2$510,000$255,000$255,000
38352Luray, TN 3835212.3 mi4$1,249,800$312,450$312,450
38332Enville, TN 3833214.3 mi3$713,901$229,000$237,967
38381Toone, TN 3838116.1 mi4$1,497,492$354,495$374,373
38345Huron, TN 3834516.3 mi9$3,245,283$333,688$360,587
38310Adamsville, TN 3831018.7 mi40$10,356,080$252,900$258,902
38368Reagan, TN 3836819.6 mi10$4,550,570$399,900$455,057
38392Mercer, TN 3839220.4 mi3$2,095,851$275,900$698,617
38305Jackson, TN 3830521.3 mi231$96,607,203$345,000$418,213
38371Sardis, TN 3837121.8 mi4$1,915,616$435,475$478,904
38362Oakfield, TN 3836223.3 mi3$889,401$299,900$296,467

Frequently Asked Questions

How many homes are for sale in HENDERSON, TN 38340?

As of June 2026, there are 48 active listings in HENDERSON, TN (zip code 38340), compared to 71 the prior year.

What is the median home price in HENDERSON, TN 38340?

The median listing price in HENDERSON, TN 38340 is $269,925 as of June 2026, a 3.6% decrease from $279,900 the prior year.

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

Homes in HENDERSON, TN 38340 spend an average of 55 days on the market before going under contract, compared to 50 days the prior year.

Is it a seller's or buyer's market in HENDERSON, TN 38340?

Based on current inventory and days-on-market data as of June 2026, HENDERSON, TN 38340 is currently a Balanced Market. Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 55 days on market compared to 50 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HENDERSON, TN 38340 save an estimated $5,399 compared to a typical 5% commission on the median listing price of $269,925. 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.