38053 — Tipton County, Tennessee Market Snapshot
Housing market data for zip code 38053 in Tipton County, Tennessee. Updated monthly with median prices, days on market, and more.
Market Sales Data
92 sales in 2026 (year to date)
Median Sale Price
$278,750
Days to Sell
46
Homes Sold
92
Inventory
80
Sale-to-List
98.1%
New Listings
136
Price/SqFt
$148
Pending Sales
109
Conforming Loan Available
Most homebuyers in 38053 can comfortably use conventional financing. The median home price of $278,750 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
38053's market is balanced with homes taking an average of 46 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 38053 (98.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 38053 can comfortably use conventional financing. The median home price of $278,750 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 38053 are set at the county level.
2026 Loan Limits — Tipton 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 38053
To purchase the median home at $278,750 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,286.
Monthly Payment
$2,286
Income Required
$97,958
Principal & Interest
$1,718/mo
Down Payment (5%)
$13,938
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 38053.
Estimated Monthly Payment
$1,875
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