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SELMER, TN 38375

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

Market Analysis

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

The SELMER, TN real estate market (38375) currently shows 59 active listings, with 14 pending sales. Homes are averaging 93 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 93 days on market compared to 44 days last year.

The median listing price has risen 1.5% year-over-year, from $187,125 to $189,975.

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
59
⇧ 37.2% vs 43 last year
Pending
14
24% pending ratio
Median Price
$189,975
⇧ 1.5% vs $187,125 last year
Average Price
$228,625
⇩ 7.8% vs $248,076 last year
Days on Market
93
⇧ 111.4% vs 44 days last year

Price Per Square Foot

Median $/sqft
$121
⇩ 20.4% vs $152/sqft last year
Median Home Size
1,683 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 59 this year vs 43 last year
  • Days on market: 93 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $189,975 (+1.5% YoY)
  • Average: $228,625 (-7.8% 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 April 2026, there are 59 active listings in SELMER, TN (zip code 38375), compared to 43 the prior year.

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

The median listing price in SELMER, TN 38375 is $189,975 as of April 2026, a 1.5% increase from $187,125 the prior year.

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

Homes in SELMER, TN 38375 spend an average of 93 days on the market before going under contract, compared to 44 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 April 2026, SELMER, TN 38375 is currently a Buyer's Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 93 days on market compared to 44 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 $3,800 compared to a typical 5% commission on the median listing price of $189,975. 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.