The story of this market
The typical home in ZIP 38046 sells for about $297,659, or $155 per square foot.
Prices are up +3.8% from a year ago, so sellers still have some momentum. Homes take about 45.2 days to sell. HUD's fair market rent for a two-bedroom is $954 a month.
ZIP 38046 — La Grange
The housing market in 38046 is characterized by rural stability within the broader Memphis metropolitan area. While regional data shows inventory growth and price fluctuations, this specific ZIP maintains a lower-density profile with limited transaction volume. Figures provided reflect a mix of ZIP-specific census data and regional market metrics where local data is not published.
Median prices moved up 3.8% year over year.
Homes spend a median of 45 days on market with 4.6 months of supply — a fast-moving market.
25% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 38046, Fayette 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.
Data retrieved from data.census.gov ZCTA 38046 profile.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.