SIALIMStatistical Intelligence for America's Local Investment Markets

38241Palmersville, TN Home Values

Typical home value $212,372 as of June 2026 · 3rd of 8 in Martin, TN

Typical value — June 2026
$212,372
observed, not a forecast
Past 12 months
+14.7%
trailing year-over-year change
Past 5 years
+28.3%
February 2022 to June 2026
Rank in metro
3rd
of 8 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 38241, February 2022 to June 2026. This page shows observed data only; no forecast.

How 38241 compares in the Martin, TN area

ZIP code 38241 (Palmersville, TN) has a typical home value of $212,372 as of June 2026, ranking 3rd of 8 ZIP codes tracked in the Martin, TN area, more expensive than about 75% of ZIP codes in the metro. Prices here have moved +14.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +28.3%, from $165,556 in February 2022 to $212,372 in June 2026.

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

Population and demographics

ZIP code 38241 has a population of 844, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 97.6% White, and 2.4% Hispanic or Latino.

Nearby public schools

SchoolAddressDistance
Dresden High School7150 Highway 22, Dresden, TN11.4 mi
Weakley County Center For Adult Continuing Education8250 Highway 22, Dresden, TN11.8 mi
Dresden Elementary759 Linden ST, Dresden, TN12.1 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 38241?

$212,372 as of June 2026, the latest month Zillow has published observed data for.

Is 38241 an expensive ZIP code in the Martin, TN area?

38241 ranks 3rd of 8 ZIP codes in the Martin, TN area by typical home value, more expensive than about 75% of ZIP codes in the metro.

How much have home values in 38241 changed over the past year?

+14.7% over the trailing 12 months, from observed Zillow data.

What is the population of ZIP code 38241?

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

What are the closest public schools to ZIP code 38241?

Dresden High School (11.4 mi), Weakley County Center For Adult Continuing Education (11.8 mi), Dresden Elementary (12.1 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 38241?

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 Martin, 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.