Zip lookup · TN

38068
Somerville, Tennessee.

Somerville, Fayette County, TN · Memphis, TN-MS-AR metro · population 10,427

What it costs per month · 38068 $1,549/mo

to buy the typical home at today's mortgage rate — +$834 (+117%) since Jan 2020.

What the home itself did
1 year
Up $6,605 +2%
$288,496$295,102 since Sep 2025
5 years
Up $61,465 +26%
$233,637$295,102 since Sep 2021

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 38068 $1,549 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 38068$1,549
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 15 years.

Typical home values in zip 38068 rose 2.3% over the past year — faster than the nation's +1.2%.

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

Typical home value $295,102 as of Sep 2026
+2.3%year on year

Typical home value — 38068

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 38068 $295,102 Memphis $242,102 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 38068$295,102
  • 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
10.1 38060 Oakland 12,552 $2,089 $351,217
11.7 38076 Williston 954 — $355,663
12.7 38075 Whiteville 6,324 — $175,785
13.4 38042 Hickory Valley 464 — $200,999
14.1 38069 Stanton 3,015 — $189,711
14.3 38057 Moscow 3,563 — $282,679
14.7 38049 Mason 3,957 — $228,146
16.3 38039 Grand Junction 1,305 — $152,749
17.3 38066 Rossville 3,446 — $522,373
17.7 38028 Eads 7,992 — $599,178
19.0 38008 Bolivar 9,057 — $148,243

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