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Area data

Elmwood, TN — ZIP 38560

Population: 1,432 (Census ACS)

The typical home value in ZIP 38560 (Elmwood, TN) is $304,515 — up 7.7% over the past year. Homes sell for a median $380,750 after a median 75 days on market. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low. Cost of living is 8.1% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$304,515

Typical home value

+7.7%

1-year change

75

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Typical home value
$304,515
1-year appreciation
+7.7%
3-year appreciation
+12.9%
5-year appreciation
+27.3%
10-year appreciation
+138.2%
Peak value since 2000 (Aug 2026)
$304,515
House Price Index (state)
484.9 (+0.8% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$380,750
Median list price
$589,900
Median price per sqft
$249
1-year sale-price change
+10.4%
Median days on market
75 days
Homes sold (recent period)
2
For-sale inventory
8
Sale-to-list ratio
93.6%
Active listings
8
1-year forecast
+0.9%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$870/mo
1BR fair-market rent
$876/mo
2BR fair-market rent
$1,146/mo
3BR fair-market rent
$1,407/mo
4BR fair-market rent
$1,506/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
91.9 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$11.80/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0
Schools include
Forks River Elementary

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Notable hazard ratings (county)
drought: Relatively Low · tornado: Relatively Low · cold wave: Relatively Low · lightning: Relatively Low · strong wind: Relatively Low · winter weather: Relatively Low
Most common flood zone among NFIP claims
Zone A
NFIP flood claims on record
3
Wildfire risk to homes (county)
Higher than 20% of US counties
Buildings in wildfire direct-exposure zone
89.7%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
59.0°F
Average high
70.0°F
Average low
47.0°F
Annual precipitation
54.5 in
Annual snowfall
1.5 in
USDA plant hardiness zone
7b (extreme annual low 5 to 10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
2.8 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
4,048
Jobs reachable by transit (45 min)
4,992

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Stones River National Battlefield (40 mi)
Airports within 30 mi
17
Nearest airport
River Runway Airport (4 mi)
Hospitals in or near this ZIP
19
Hospitals include
MONROE COUNTY MEDICAL CENTER, CUMBERLAND COUNTY HOSPITAL, THE MEDICAL CENTER AT SCOTTSVILLE
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (4.2 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
+99 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1983
Housing built before 1970
39.6%
Housing built 2000 or later
25.8%
Median annual property tax
$1,082
Mean commute to work
45 min
Households with broadband internet
70.3%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
3,823
Average weekly wage
$1,097
Top industries (by employment)
Health Care, Construction, Finance & Insurance
Annual residential building permits (county)
153

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 38560State medianUS median
Typical home value$304,515$269,266$288,527
Median sale price$380,750$315,000$325,000
Median days on market75 days73 days51 days
Median annual property tax$1,082$970$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in ZIP 38560?
$304,515.
What is the median sale price in ZIP 38560?
$380,750.
How long do homes take to sell in ZIP 38560?
Median days on market: 75 days.
What is typical rent in ZIP 38560?
2-bedroom fair-market rent: $1,146/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 38560?
Overall risk: Very Low (FEMA NRI, county-level).
Is ZIP 38560 in a flood zone?
Flood zones vary by property within ZIP 38560. 3 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is A. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in ZIP 38560?
Risk to homes is higher than 20% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 38560?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 38560?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 38560?
1 schools (1 elementary) (NCES, 2024-25).
Is ZIP 38560 walkable?
Walkability index: 2.8/20 (EPA Smart Location Database).
What is the cost of living in ZIP 38560?
Regional Price Parity: 91.9 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents