38042
Hickory Valley, Tennessee.
Hickory Valley, Hardeman County, TN · Memphis, TN-MS-AR metro · population 464
to buy the typical home at today's mortgage rate — +$473 (+81%) since Feb 2022.
- 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.
- 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 — 38042
Mid-tier homes, smoothed and seasonally adjusted.
- 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.