Market Intelligence · TN / Union City

Union City, TN 38261 Housing Market

The typical home value in Union City, TN 38261 is $173,065, up 7.5% over the past year. The median list price sits at $227,500, and homes stay on the market for a median of 91 days.

Updated August 2026Median value$175K

The median home value in Union City, TN 38261 is $175K as of August 2026, up 7.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 38261 range

$161K to $189K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+7.8% over 12 months

Typical home value in 38261 over the last 12 months: $162K in Aug 2025 to $175K in Aug 2026 (+7.8%).

Aug 2025$162K

Aug 2026$175K

The numbers

What is the 38261 housing market like?

Typical home value

$175K

Up7.8%YoY

Median list price

$228K

Down2.1%MoM

Days on market

91

Up19.7%MoM

Homes for sale

48

Up2.1%MoM

Price cuts

17.9%

Down10.4%MoM

New listings

16

Up14.3%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 38261 home prices compare?

  • 38261$174,585
  • Union City$174,585
  • Tennessee$270,768
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Union City: 1 ZIPs; Tennessee: 587 ZIPs; United States: 26,265 ZIPs).

Context

Union City's market shows steady underlying appreciation, but the listing data suggests a slower-moving inventory. With 48 homes for sale and 16 new listings as of August 2026, the area is seeing modest supply. However, 17.9% of listings have received price cuts, which indicates some sellers are adjusting expectations to move properties. The 91-day median time on market reflects buyer caution. If you're considering selling, understand that the market is patient and prices may require negotiation.

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