38375 Home Values & Market Trends
There are 126 homes currently listed for 38375. 38375 real estate market trends show that home prices range from $7,000 to $799,000, and the median sales price in the 38375 zip code is $199,450. The total number of properties sold within the past twelve months is 99. In 38375, 6 properties are in foreclosure, 1 are bank owned properties,and 5 are headed for auction.
38375 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Selmer | $ 199,450 $ 128/sqft |
Housing Market Summary for 38375
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $268K | $212.5K | -20.71% |
| Median Sold Price | $161.1K | $97,225 | -39.67% |
| Homes For Sale | 99 | 125 | 26.26% |
| Homes Sold | 44 | 21 | -52.27% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 38375
Browse Homes in 38375
The median list price of a home in Selmer, is $199,450. A total of 126 properties are for sale, and the percentage of properties for sale in the zip code is 126.00%. The total count of 38375 properties is 163.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 38375 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 38375; of that cities, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 38375 ranges from the highest value of $210,439 in selmer to the lowest value of $210,439 in selmer. Bank owned homes and properties account for 0.61% of properties in 38375. There is 1 cities within 38375; selmer containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsselmer has 5 auction properties, the highest number of properties going to auction in a single city in the state of 38375. Auction homes and other auction properties account for 3.07% of all properties in 38375. There is 1 cities within 38375; of that cities, the median estimated home value for homes going to auction ranges from $283,560 in selmer to the lowest value of $100,495 in selmer.
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Guide for 38375
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.