The story of this market
The typical home in Obion County, Tennessee sells for about $229,000, or $125 per square foot.
Prices are up +4.74% from a year ago, so sellers still have some momentum. Homes take about 60 days to sell. Over the long run, values in this county have grown 66% since 2000. Last year 4 of 9 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is ice storm, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $995 a month.
HUD sets the fair market rent for a 2-bedroom at $995 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively High.
Price climate
Every year of price change, 2000–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2021 (+18.9%). Worst: 2011 (-8.4%). Hover to read a year.
Monthly price momentum
Home values since 2015
-0.4%
TN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,255
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
0%
2025 change
FHFA repeat-sales index, median of 9 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
94
Relatively High
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $34,878,604.
Mortgage activity
Home lending in this county
75%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 828 | 421 | 75% | 11.6% | $125,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Obion County, Tennessee
The Obion County housing market is currently stable with a median sale price of $229,000. Market activity remains modest with 175 active listings and prices showing a year-over-year increase of 4.74%.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 4 cities · 8 ZIP reports
Median prices moved sideways 0.0% year over year.
Homes spend a median of 86 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0.22% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 18.6% — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this county — never individual records, and never an attribute of any individual property or resident.
Deterministic aggregate of 7 researched ZIP reports of 8 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 21
researched Oct 3
researched Sep 21
researched Sep 17
researched Sep 21
researched Sep 17
researched Sep 17
researched Sep 21
| 38201 | Mc Kenzie | $155,900 | $118 | 0% | 88 | — | — | — | 76 | $666 | researched Sep 21 |
| 38221 | Big Sandy | $245,000 | $135 | +15.3% | 82 | 96.5% | 12% | 6.5 | 78 | $639 | researched Oct 3 |
| 38225 | Dresden | $275,000 | $126 | +4.2% | 65 | 96.5% | 15% | 4.5 | 12 | $760 | researched Sep 21 |
| 38232 | Greenfield | $250,000 | $115 | -2.5% | 45 | 97.5% | 5% | 4.2 | 12 | $770 | researched Sep 17 |
| 38241 | Palmersville | $160,000 | $76 | 0% | 90 | 98% | — | 6 | 19 | $555 | researched Sep 21 |
| 38257 | — | $209,900 | $158 | +2.5% | 84 | 96.5% | 15% | 3.2 | 12 | $795 | researched Sep 17 |
| 38260 | — | $117,100 | $145 | 0% | 79 | — | — | — | 21 | $774 | researched Sep 17 |
| 38261 | Union City | $235,000 | $115 | +2.1% | 68 | 96.4% | 12.5% | 6.2 | 84 | $761 | researched Sep 21 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The rental market in Obion County is characterized by affordability with a median rent of $875 per month and steady demand.
The local economy is influenced by regional conditions with an unemployment rate of 3% as of May 2026.
- Scott's Pizza & Kitchen4.628.3 mi
- Discovery Park of America4.88.4 mi
- Reelfoot Lake State Park4.712.5 mi
- Big Cypress Tree State Park4.318.9 mi
- Ciné Theater4.516.4 mi
- Dixie Gun Works4.47 mi
- Discovery Park of America4.88.4 mi
- Columbus Belmont State Park4.829.2 mi
- New Madrid Historical Museum4.625.7 mi
- Reelfoot Lake State Park4.712.5 mi
- Big Cypress Tree State Park4.318.9 mi
- Martin Recreation Complex4.618.1 mi
- Graham Park4.39.4 mi
- Reelfoot National Wildlife Refuge4.711.3 mi
- Rural King4.516.3 mi
- Ruler Foods4.416.3 mi
- Reelfoot Shopping Center4.17.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Data sourced from US Census Bureau QuickFacts and Census Reporter.