38585
Spencer, Tennessee.
Spencer, Van Buren County, TN · population 4,084
to buy the typical home at today's mortgage rate — +$582 (+119%) since Jan 2020.
- 1 year
- Down $3,939 -2%
- $207,816$203,877 since Sep 2025
- 5 years
- Up $38,086 +23%
- $165,791$203,877 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.
- 38585$1,070
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in zip 38585 fell 1.9% over the past year — slower than the nation's +1.2%.
This zip spans 2 counties: Van Buren County, TN 98% · Sequatchie County, TN 2%
Zillow also publishes an index for the city itself: Spencer, TN — measured over the city limits, which is a different area from this zip.
Typical home value — 38585
Mid-tier homes, smoothed and seasonally adjusted.
- 38585$203,877
- 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 |
|---|---|---|---|---|---|
| 9.5 | 38559 | Doyle | 1,551 | — | $237,408 |
| 11.6 | 38581 | Rock Island | 4,079 | — | $248,619 |
| 12.1 | 38579 | Quebeck | 1,475 | — | $296,541 |
| 12.2 | 37367 | Pikeville | 11,169 | — | $238,971 |
| 16.4 | 38587 | Walling | 1,446 | — | $280,749 |
| 17.7 | 38583 | Sparta | 25,584 | — | $279,608 |
| 18.3 | 37110 | Mcminnville | 34,296 | $799 | $251,177 |
| 18.5 | 37327 | Dunlap | 13,480 | — | $273,803 |
| 19.8 | 38572 | Crossville | 12,083 | — | $287,606 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.