Zip lookup · TN

38042
Hickory Valley, Tennessee.

Hickory Valley, Hardeman County, TN · Memphis, TN-MS-AR metro · population 464

What it costs per month · 38042 $1,055/mo

to buy the typical home at today's mortgage rate — +$473 (+81%) since Feb 2022.

What the home itself did
1 year
Up $14,370 +8%
$186,629$200,999 since Sep 2025

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 38042 $1,055 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 38042$1,055
  • United States$1,922

Typical home values in zip 38042 rose 7.7% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Hardeman County, TN 85% · Fayette County, TN 15%

Zillow also publishes an index for the city itself: Hickory Valley, TN — measured over the city limits, which is a different area from this zip.

Typical home value $200,999 as of Sep 2026
+7.7%year on year

Typical home value — 38042

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2022 2023 2024 2025 2026 38042 $200,999 Memphis $242,102 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2022 2024 2026
  • 38042$200,999
  • Memphis$242,102
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
6.8 38067 Saulsbury 1,830 — $145,356
7.0 38039 Grand Junction 1,305 — $152,749
10.2 38008 Bolivar 9,057 — $148,243
13.4 38068 Somerville 10,427 — $295,102
13.5 38052 Middleton 3,668 — $182,448
14.0 38647 Michigan City 994 — $156,514
14.6 38057 Moscow 3,563 — $282,679
15.3 38075 Whiteville 6,324 — $175,785
17.1 38381 Toone 1,490 — $189,188
18.1 38076 Williston 954 — $355,663
19.4 38044 Hornsby 791 — $157,354
19.6 38642 Lamar 2,126 — $183,159

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.