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Area data

Palmersville, TN — ZIP 38241

Population: 835 (Census ACS)

The median home value in ZIP 38241 (Palmersville, TN) is $205,906 — up 14.4% over the past year. Homes sell for a median $117,500 after a median 27.5 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with lightning, coldwave, drought the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$205,906

Median home value

+14.4%

1-year change

27.5

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$205,906
1-year appreciation
+14.4%
3-year appreciation
+26.4%
All-time peak (2026-07)
$205,906
House Price Index (state)
475.9 (+0.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$117,500
Median list price
$149,000
Median price per sqft
$81
1-year sale-price change
-85.2%
Median days on market
27.5 days
Homes sold (recent period)
2
Sale-to-list ratio
96.5%
1-year forecast
+4.7%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$758/mo
1BR fair-market rent
$948/mo
2BR fair-market rent
$1,160/mo
3BR fair-market rent
$1,508/mo
4BR fair-market rent
$1,740/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$11.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
lightning, coldWave, drought, earthquake, iceStorm
Notable hazard ratings (county)
coldWave: Relatively Moderate · drought: Relatively Moderate · earthquake: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Moderate · lightning: Relatively High
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 24% of US counties
Buildings in wildfire direct-exposure zone
73.6%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
59.0°F
Average high
69.0°F
Average low
49.0°F
Annual precipitation
56.3 in
USDA plant hardiness zone
7b (extreme annual low 5 to 10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
1.8 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
2,031
Jobs reachable by transit (45 min)
2,363

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Fort Donelson National Battlefield (37 mi)
Airports within 30 mi
14
Nearest airport
Turner Field (11 mi)
Hospitals nearby (~15 mi)
4
Hospitals include
MURRAY-CALLOWAY COUNTY HOSPITAL, VOLUNTEER COMMUNITY HOSPITAL, UNITY PSYCHIATRIC CARE-MARTIN
Avg hospital rating (CMS)
2.3 / 5
Best hospital rating nearby (CMS)
3.0 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-2 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,983
Housing built before 1970
33.0%
Housing built 2000 or later
22.7%
Median annual property tax
$439
Households with broadband internet
32.0%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
7,675
Average weekly wage
$779
Top industries (by employment)
Accommodation & Food, Administrative Services, Wholesale Trade
Annual residential building permits (county)
42

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 38241State medianUS median
Median home value$205,906$269,649$289,727
Median sale price$117,500$315,000$325,000
Median days on market28 days73 days51 days
Median annual property tax$439$970$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 38241?
$205,906.
What is the median sale price in ZIP 38241?
$117,500.
How long do homes take to sell in ZIP 38241?
Median days on market: 27.5 days.
What is typical rent in ZIP 38241?
2-bedroom fair-market rent: $1,160/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 38241?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: lightning, coldWave, drought, earthquake, iceStorm.
Is ZIP 38241 in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in ZIP 38241?
Risk to homes is higher than 24% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 38241?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 38241?
No current or proposed National Priorities List sites within 5 miles (EPA).
Is ZIP 38241 walkable?
Walkability index: 1.8/20 (EPA Smart Location Database).
What is the cost of living in ZIP 38241?
Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents