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SELMER, TN 38375

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The SELMER, TN real estate market (38375) currently shows 63 active listings, with 11 pending sales. Homes are averaging 96 days on the market before going under contract.

Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 96 days on market compared to 61 days last year.

The median listing price has fallen 5.2% year-over-year, from $209,900 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 Context

Market Context

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

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

Market Overview

Active Listings
63
⇧ 61.5% vs 39 last year
Pending
11
17% pending ratio
Median Price
$199,000
⇩ 5.2% vs $209,900 last year
Average Price
$238,602
⇩ 12% vs $271,261 last year
Days on Market
96
⇧ 57.4% vs 61 days last year

Price Per Square Foot

Median $/sqft
$129
⇩ 16.8% vs $155/sqft last year
Median Home Size
1,703 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 63 this year vs 39 last year
  • Days on market: 96 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $199,000 (-5.2% YoY)
  • Average: $238,602 (-12% 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 24.1 miles — 240 listings ($77,592,871 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38375Selmer, TN 383750.0 mi74$17,490,344$194,950$236,356
38367Ramer, TN 383677.8 mi10$4,692,360$249,900$469,236
38379Stantonville, TN 383799.0 mi7$5,429,011$422,400$775,573
38044Hornsby, TN 3804412.5 mi2$2,020,000$1,010,000$1,010,000
38310Adamsville, TN 3831012.8 mi40$10,356,080$252,900$258,902
38376Shiloh, TN 3837613.9 mi2$6,798,900$3,399,450$3,399,450
38834Corinth, MS 3883417.0 mi77$22,206,723$249,500$288,399
38052Middleton, TN 3805219.1 mi11$2,797,608$227,225$254,328
38359Milledgeville, TN 3835919.8 mi1$449,000$449,000$449,000
38332Enville, TN 3833220.0 mi3$713,901$229,000$237,967
38683Walnut, MS 3868322.0 mi6$1,087,794$127,900$181,299
38366Pinson, TN 3836623.6 mi5$2,662,250$532,450$532,450
38846Glen, MS 3884624.1 mi2$888,900$444,450$444,450

Frequently Asked Questions

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

As of March 2026, there are 63 active listings in SELMER, TN (zip code 38375), compared to 39 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 March 2026, a 5.2% decrease from $209,900 the prior year.

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

Homes in SELMER, TN 38375 spend an average of 96 days on the market before going under contract, compared to 61 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 March 2026, SELMER, TN 38375 is currently a Buyer's Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 96 days on market compared to 61 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.