38240
Obion, Tennessee.
Obion, Obion County, TN · Union City, TN metro · population 1,620
to buy the typical home at today's mortgage rate — +$454 (+119%) since Jan 2020.
- 1 year
- Up $10,996 +7%
- $148,478$159,475 since Sep 2025
- 5 years
- Up $34,346 +27%
- $125,128$159,475 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.
- 38240$837
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in zip 38240 rose 7.4% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Obion County, TN 89% · Dyer County, TN 11%
Zillow also publishes an index for the city itself: Obion, TN — measured over the city limits, which is a different area from this zip.
Typical home value — 38240
Mid-tier homes, smoothed and seasonally adjusted.
- 38240$159,475
- Union City$166,886
- 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 |
|---|---|---|---|---|---|
| 6.7 | 38232 | Hornbeak | 2,238 | — | $164,786 |
| 8.3 | 38259 | Trimble | 672 | — | $106,976 |
| 10.2 | 38260 | Troy | 3,720 | — | $177,428 |
| 10.6 | 38059 | Newbern | 8,281 | — | $199,105 |
| 11.7 | 38080 | Ridgely | 2,506 | — | $115,233 |
| 14.0 | 38079 | Tiptonville | 4,262 | — | $113,755 |
| 15.0 | 38253 | Rives | 917 | — | $197,499 |
| 15.2 | 38024 | Dyersburg | 25,952 | $1,117 | $170,140 |
| 15.6 | 38233 | Kenton | 2,674 | — | $148,496 |
| 16.9 | 38261 | Union City | 16,385 | — | $173,004 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.