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LEOMA, TN 38468

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

Market Analysis

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

The LEOMA, TN real estate market (38468) currently shows 31 active listings, with 7 pending sales. Homes are averaging 81 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 81 days on market compared to 52 days last year.

The median listing price has fallen 2.2% year-over-year, from $434,500 to $424,750.

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Market Context

Market Context

Population: 5,748  ·  Density: 22.3/mi²  ·  Median household income: $60,083

Typical home value: $173,834  ·  Homeownership: 79.0%

Market Overview

Active Listings
31
⇩ 26.2% vs 42 last year
Pending
7
23% pending ratio
Median Price
$424,750
⇩ 2.2% vs $434,500 last year
Average Price
$479,148
⇧ 15.8% vs $413,899 last year
Days on Market
81
⇧ 55.8% vs 52 days last year

Price Per Square Foot

Median $/sqft
$219
⇧ 7.9% vs $203/sqft last year
Median Home Size
1,856 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 42 last year
  • Days on market: 81 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $424,750 (-2.2% YoY)
  • Average: $479,148 (+15.8% 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 26.9 miles — 449 listings ($222,721,301 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38468Leoma, TN 384680.0 mi26$10,750,948$418,675$413,498
38460Goodspring, TN 384607.7 mi5$1,643,965$279,000$328,793
38473Minor Hill, TN 384739.8 mi11$3,832,378$264,500$348,398
35648Lexington, AL 3564812.9 mi10$5,222,080$309,675$522,208
38464Lawrenceburg, TN 3846413.5 mi118$50,620,466$349,950$428,987
38486Westpoint, TN 3848614.4 mi9$2,788,767$259,950$309,863
38478Pulaski, TN 3847816.7 mi115$58,612,510$348,450$509,674
35652Rogersville, AL 3565219.6 mi55$26,950,605$368,450$490,011
38463Iron City, TN 3846320.5 mi13$4,797,091$389,500$369,007
35614Athens, AL 3561421.8 mi23$7,276,625$289,900$316,375
38472Lynnville, TN 3847222.2 mi9$12,801,420$1,177,500$1,422,380
35634Florence, AL 3563423.0 mi52$32,475,196$399,950$624,523
38453Dellrose, TN 3845326.9 mi3$4,949,250$1,649,750$1,649,750

Frequently Asked Questions

How many homes are for sale in LEOMA, TN 38468?

As of September 2026, there are 31 active listings in LEOMA, TN (zip code 38468), compared to 42 the prior year.

What is the median home price in LEOMA, TN 38468?

The median listing price in LEOMA, TN 38468 is $424,750 as of September 2026, a 2.2% decrease from $434,500 the prior year.

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

Homes in LEOMA, TN 38468 spend an average of 81 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in LEOMA, TN 38468?

Based on current inventory and days-on-market data as of September 2026, LEOMA, TN 38468 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 81 days on market compared to 52 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LEOMA, TN 38468 save an estimated $8,495 compared to a typical 5% commission on the median listing price of $424,750. 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.