38382 — Gibson County, Tennessee Market Snapshot
Housing market data for zip code 38382 in Gibson County, Tennessee. Updated monthly with median prices, days on market, and more.
Market Sales Data
17 sales in 2026 (year to date)
Median Sale Price
$185,000
Days to Sell
58
Homes Sold
17
Inventory
22
Sale-to-List
96.1%
New Listings
26
Price/SqFt
$133
Pending Sales
24
Conforming Loan Available
Most homebuyers in 38382 can comfortably use conventional financing. The median home price of $185,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
38382's market is balanced with homes taking an average of 58 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 38382 sells for 3.9% below asking price (96.1% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 38382 can comfortably use conventional financing. The median home price of $185,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 38382 are set at the county level.
2026 Loan Limits — Gibson County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 38382
To purchase the median home at $185,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,567.
Monthly Payment
$1,567
Income Required
$67,175
Principal & Interest
$1,140/mo
Down Payment (5%)
$9,250
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 38382.
Estimated Monthly Payment
$1,295
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