38343 — Gibson County, Tennessee Market Snapshot
Housing market data for zip code 38343 in Gibson County, Tennessee. Updated monthly with median prices, days on market, and more.
Market Sales Data
49 sales in 2026 (year to date)
Median Sale Price
$254,900
Days to Sell
15
Homes Sold
49
Inventory
52
Sale-to-List
96.2%
New Listings
69
Price/SqFt
$146
Pending Sales
63
Conforming Loan Available
Most homebuyers in 38343 can comfortably use conventional financing. The median home price of $254,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 38343 are moving quickly at 15 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
The average home in 38343 sells for 3.8% below asking price (96.2% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 38343 can comfortably use conventional financing. The median home price of $254,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 38343 are set at the county level.
2026 Loan Limits — Gibson County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 38343
To purchase the median home at $254,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,103.
Monthly Payment
$2,103
Income Required
$90,127
Principal & Interest
$1,571/mo
Down Payment (5%)
$12,745
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 38343.
Estimated Monthly Payment
$1,728
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