Market Intelligence · TN / Union City

Union City, TN 38261 Housing Market

Typical home value in Union City, TN 38261 stands at $173,004, up 7.9% over the past year. The median list price is $235,975, and homes are taking 71 days on market as of September 2026.

Updated September 2026Median value$173K

The median home value in Union City, TN 38261 is $173K as of September 2026, up 7.9% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 38261 range

$159K to $187K

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

+7.9% over 12 months

Sep 2025$160K

Low $160KHigh $173K

Sep 2026$173K

The numbers

What is the 38261 housing market like?

As of September 2026

Typical home value

$173K

7.9%YoY

Median list price

$236K

3.7%MoM

Days on market

22.0%MoM

Homes for sale

8.3%MoM

Price cuts

18.4%

2.6%MoM

New listings

25.0%MoM

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

The outlook

38261 housing market forecast 2027

+3.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 38261 to rise 3.4% by September 2027.

Over the 12 months through September 2026, typical home values in 38261 rose 7.9%, per the Zillow Home Value Index.

Will home prices drop in 38261?

Zillow's forecast does not call for a drop: it expects typical home values in 38261 to rise 3.4% by September 2027, after a 7.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 38261 home prices compare?

38261$173,004
Union City$173,004
Tennessee$265,881
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Union City: 1 ZIP; Tennessee: 587 ZIPs; United States: 26,262 ZIPs).

Context

The 38261 ZIP has 52 homes for sale with 12 new listings arriving in September 2026. Just over one in five listings, at 18.4%, carry a price cut. With a median days on market of 71, the market is neither brisk nor stalled. The price-cut share suggests some seller resistance to current asking levels. If you're weighing a sale, expect a moderate pace and plan accordingly.

Monthly payment

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Home price

Down payment20% · $34,601

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Common questions

What people ask us.

What is a typical home worth in Union City, TN 38261?

Typical home value is $173,004 as of September 2026, up 7.9% over the past year.

How many homes are on the market in 38261?

There are 52 homes for sale as of September 2026.

How long do homes take to sell in Union City?

The median days on market is 71 as of September 2026.

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