Rock Island, TN Home Values & Market Trends

Real estate market trends reflect that there have been 62 transactions over the past year in Rock Island. The median value for residential home transactions that occurred over the previous year is $287,149. The number of current listings in Rock Island is 53, and the percentage of properties for sale in the city is 53.00%. Rock Island, TN currently has 4 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 53 properties for sale.

Rock Island, TN Real Estate Market Overview

ZipMedian Est. Value
38581

$ 287,149

$ 191/sqft

Housing Market Summary for Rock Island, TN

Sep 2025September 2026Change
Median Listing Price$290K$275K-5.17%
Median Sold Price$195.9K$227.4K16.05%
Homes For Sale50524.00%
Homes Sold293520.69%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Rock Island, TN

Rock Island home values range from $40,101 to $1,569,000. The median estimated value of a home in Rock Island is $287,149. The median list price of a home is 275,000, and the total count of properties in the city is 97.

Foreclosure
There is 1 zips within Rock Island, TN; within this zips, the median estimated home value for homes in foreclosure ranges from $284,398 in 38581 to the lowest value of $200,279 in 38581. Foreclosure homes account for 4.00% of properties in Rock Island, TN with 38581 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Rock Island, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Rock Island, TN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Rock Island, TN ranges from the highest value of $200,279 in 38581 to the lowest value of $200,279 in 38581. Bank owned homes and properties account for 1.03% of properties in Rock Island, TN. There is 1 zips within Rock Island, TN; 38581 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    38581 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Rock Island, TN. Auction homes and other auction properties account for 3.09% of all properties in Rock Island, TN. There is 1 zips within Rock Island, TN; of that zips, the median estimated home value for homes going to auction ranges from $284,398 in 38581 to the lowest value of $210,350 in 38581.
Homes for Sale
Homes and properties that are actively listed for sale account for 54.64% of residential properties in Rock Island, TN with 38581 containing 53 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Rock Island, TN; homes for sale in that zips, have a range of median values from $1,569,000 in 38581 to the lowest value of $66,503 in 38581.
    Sold Homes
    The median value for recently sold homes ranges from $784,148 in 38581 to the lowest price of $40,101 in 38581. There is 1 zips within Rock Island, TN. 38581 has 36 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 37.11% of properties in Rock Island, TN.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Rock Island, TN
      $
      $

      Guide for Rock Island, TN

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.