38040 — Halls, TN Home Values
Typical home value $152,946 as of June 2026 · 23rd of 27 in Jackson, TN
Blue: typical home value (Zillow ZHVI) in ZIP code 38040, June 2021 to June 2026. This page shows observed data only; no forecast.
How 38040 compares in the Jackson, TN area
ZIP code 38040 (Halls, TN) has a typical home value of $152,946 as of June 2026, ranking 23rd of 27 ZIP codes tracked in the Jackson, TN area, more expensive than about 19% of ZIP codes in the metro. Prices here have moved +10.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +25.4%, from $121,966 in June 2021 to $152,946 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Jackson, TN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Jackson.
Population and demographics
ZIP code 38040 has a population of 4,689, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 76.3% White, 12.6% Black or African American, 6.9% Hispanic or Latino, 2.6% two or more races, and 1.5% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Halls High School | 800 West Tigrett ST, Halls, TN | 4.4 mi |
| Halls Elementary School | 601 Carmen ST, Halls, TN | 4.4 mi |
| Halls Junior High School | 800 West Tigrett ST, Halls, TN | 4.4 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 38040?
$152,946 as of June 2026, the latest month Zillow has published observed data for.
Is 38040 an expensive ZIP code in the Jackson, TN area?
38040 ranks 23rd of 27 ZIP codes in the Jackson, TN area by typical home value, more expensive than about 19% of ZIP codes in the metro.
How much have home values in 38040 changed over the past year?
+10.3% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 38040?
4,689, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 38040?
Halls High School (4.4 mi), Halls Elementary School (4.4 mi), Halls Junior High School (4.4 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 38040?
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 Jackson, 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.