SIALIMStatistical Intelligence for America's Local Investment Markets

37388Tullahoma, TN Home Values

Typical home value $300,639 as of June 2026 · 11th of 15 in Tullahoma-Manchester, TN

Typical value — June 2026
$300,639
observed, not a forecast
Past 12 months
+3.6%
trailing year-over-year change
Past 5 years
+41.7%
June 2021 to June 2026
Rank in metro
11th
of 15 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 37388, June 2021 to June 2026. This page shows observed data only; no forecast.

How 37388 compares in the Tullahoma-Manchester, TN area

ZIP code 37388 (Tullahoma, TN) has a typical home value of $300,639 as of June 2026, ranking 11th of 15 ZIP codes tracked in the Tullahoma-Manchester, TN area, more expensive than about 33% of ZIP codes in the metro. Prices here have moved +3.6% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +41.7%, from $212,226 in June 2021 to $300,639 in June 2026. Against observed rent, the typical home here sells for 15.9× the annual rent ($1,573/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Tullahoma-Manchester, TN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Tullahoma.

Population and demographics

ZIP code 37388 has a population of 27,340, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 86.6% White, 5% Black or African American, 4% Hispanic or Latino, 2.6% two or more races, 1.4% Asian, and 0.3% another race.

Nearby public schools

SchoolAddressDistance
Tullahoma Virtual Academy301 West Decherd ST, Tullahoma, TN0.6 mi
Jack T Farrar Elementary215 Westside DR, Tullahoma, TN1 mi
East Lincoln Elementary700 East Lincoln ST, Tullahoma, TN1.1 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 37388?

$300,639 as of June 2026, the latest month Zillow has published observed data for.

Is 37388 an expensive ZIP code in the Tullahoma-Manchester, TN area?

37388 ranks 11th of 15 ZIP codes in the Tullahoma-Manchester, TN area by typical home value, more expensive than about 33% of ZIP codes in the metro.

How much have home values in 37388 changed over the past year?

+3.6% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 37388?

The typical home price is 15.9× the observed annual rent in this ZIP code ($1,573/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 37388?

27,340, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 37388?

Tullahoma Virtual Academy (0.6 mi), Jack T Farrar Elementary (1 mi), East Lincoln Elementary (1.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 37388?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Tullahoma-Manchester, TN forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.