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SELMER, TN 38375

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

Market Overview

Active Listings
71
⇧ 86.8% vs 38 last year
Pending
7
10% pending ratio
Median Price
$199,000
⇩ 27.4% vs $273,950 last year
Average Price
$235,714
⇩ 22.3% vs $303,199 last year
Days on Market
78
⇧ 14.7% vs 68 days last year

Market Context

Population: 8,260  ·  Density: 28.3/mi²  ·  Median household income: $45,785

Typical home value: $114,230  ·  Homeownership: 77.2%

Market Analysis

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

The SELMER, TN real estate market (38375) currently shows 71 active listings, with 7 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 78 days on market compared to 68 days last year.

The median listing price has fallen 27.4% year-over-year, from $273,950 to $199,000.

Whether you are buying or selling in SELMER, 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: 71 this year vs 38 last year
  • Days on market: 78 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $199,000 (-27.4% YoY)
  • Average: $235,714 (-22.3% 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 24.4 miles — 268 listings ($91,690,687 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38375Selmer, TN 383750.0 mi71$16,735,694$199,000$235,714
38367Ramer, TN 383677.8 mi11$4,889,060$234,450$444,460
38061Pocahontas, TN 3806111.9 mi3$1,156,800$139,900$385,600
38357Michie, TN 3835712.7 mi15$4,162,095$240,000$277,473
38334Finger, TN 3833413.3 mi5$1,877,125$265,900$375,425
38327Crump, TN 3832716.8 mi7$1,865,269$232,500$266,467
38340Henderson, TN 3834017.3 mi57$17,536,848$260,000$307,664
38326Counce, TN 3832619.5 mi52$26,833,196$353,000$516,023
38361Morris Chapel, TN 3836119.9 mi13$5,253,170$327,450$404,090
38365Pickwick Dam, TN 3836521.2 mi1$599,900$599,900$599,900
38347Jacks Creek, TN 3834722.3 mi2$769,800$384,900$384,900
38008Bolivar, TN 3800823.9 mi25$7,813,450$259,900$312,538
38371Sardis, TN 3837124.4 mi6$2,198,280$179,900$366,380

Frequently Asked Questions

How many homes are for sale in SELMER, TN 38375?

As of January 2026, there are 71 active listings in SELMER, TN (zip code 38375), compared to 38 the prior year.

What is the median home price in SELMER, TN 38375?

The median listing price in SELMER, TN 38375 is $199,000 as of January 2026, a 27.4% decrease from $273,950 the prior year.

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

Homes in SELMER, TN 38375 spend an average of 78 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in SELMER, TN 38375?

Based on current inventory and days-on-market data as of January 2026, SELMER, TN 38375 is currently a Buyer's Market. Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 78 days on market compared to 68 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SELMER, TN 38375 save an estimated $3,980 compared to a typical 5% commission on the median listing price of $199,000. 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.