Is Hickory Valley, TN 38042 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Hickory Valley is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Hickory Valley housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Hardeman County, TN

Population	464
Median income	$46,875
Average income	$90,895
Median home value	$147,000
Owner-occupied	67% of homes
Median year built	1977
Walkability	4.0 of 20Least walkable

Natural hazard riskTornadoes (very high), earthquakes (relatively high), extreme heat (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 38042; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 38042

Prefilled for 38042Can I win this house?Multiple-offer likelihood for a listing Prefilled for 38042Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bolivar 38008Buyer’s market $135 /sq ft Grand Junction 38039Balanced $106 /sq ft Hornsby 38044Buyer’s market $228 /sq ft Middleton 38052Balanced $150 /sq ft Browse all markets →

Where Hickory Valley is

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Questions about Hickory Valley real estate

What are property taxes in Hickory Valley?

About 0.63% of a home’s value a year in Hardeman County, or roughly $2,520 on a $400,000 home.

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More tools for 38042

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Hardeman County property taxes Hardeman County loan limits Closing costs in Tennessee Hottest ZIP codes in Tennessee

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology