38477, Prospect, TN Housing Market

ZIP code 38477's median home value is $252K, up 7.8% over the past year. Homes here sell in a median 95 days. Its PropertyIQ Score of 36 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

Understanding the housing market in ZIP code 38477 requires hyperlocal data that metro and county analyses simply cannot provide. PropertyIQ's demand signal scoring — validated across more than two decades of housing data (2001–2023) — extends to ZIP-code granularity for 38477, Prospect, TN, giving investors and agents a competitive edge in TN's most specific market segments.

Southeastern ZIP codes combine affordability with economic diversification across manufacturing, logistics, and services sectors. ZIP-level PropertyIQ scores reveal which specific neighborhoods within this fast-growing region are positioned to outperform their state peers in home price appreciation. Within the Southeast, ZIP code 38477's PropertyIQ Score of 36 runs below the Southeast norm.

For 38477, Prospect, TN, PropertyIQ updates a hyperlocal score each month from four signals: twelve-month and three-month Zillow home-value momentum, Realtor.com median days on market, and the Realtor.com share of price-reduced listings. The score is computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a value above 50 means this ZIP's demand dynamics read stronger than its state. ZIP-level analysis captures neighborhood variation that county and metro scores smooth over.

View 38477, Prospect, TN's PropertyIQ Score and compare it against other ZIP codes in the state. Generate a free AI market report for this ZIP code or explore historical trends on the interactive map to understand how this micro-market has evolved.