The story of this market
The typical home in ZIP 38040 sells for about $97,800, or $85 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $654 a month.
ZIP 38040 — Haywood County (Unincorporated)
The housing market in 38040 remains stable with low inventory and modest price growth. Market activity is driven by local demand and a limited supply of available housing units.
This area is best suited for budget-conscious families and individuals seeking a quiet, rural lifestyle with a low cost of living.
Median prices moved up 2.1% year over year.
Homes spend a median of 55 days on market with 4.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 19.1% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 38040, Lauderdale County TN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Property taxes are assessed at the county level in Lauderdale County, Tennessee, based on the appraised value of real property.
Residents typically rely on personal vehicles for commuting to regional employment hubs in the surrounding West Tennessee area.
The area features local community parks and proximity to rural outdoor recreation spaces typical of Lauderdale County.
The rental market is characterized by limited inventory and primarily consists of single-family homes and small-scale multi-family units.
The local economy is primarily driven by agriculture, small-scale retail, and local services within the Halls community.
Transportation is primarily served by state highways connecting Halls to larger regional centers.
Lauderdale County assesses property values for tax purposes based on periodic reappraisal cycles.
Parcels are subject to Lauderdale County property taxes and local school district levies.
Property insurance premiums are influenced by regional weather patterns and rural fire protection ratings.
Data retrieved from US Census Bureau ZCTA 38040 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Local community park providing green space and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.