HousingHandbookReference data

U.S. ZIP Code · TN38259

Obion County

Typical home value

$111,611[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-10.7%
5-year / yr
10-year / yr

Relative price

vs U.S.
-60.7%
vs metro
vs state
-57.8%
ZIP 38259 location in TN
Location of ZIP 38259 in TN

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 38259 is worth $111,611. Over the past year, values have fallen 10.7%. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.8%[3]
Typical annual tax
$926[3]

#Climate risk

FEMA National Risk Index ratings for Obion County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Relatively Moderate
Winter weather
Relatively Moderate

#Who lives here

Population
672[3]
Median household income
$39,896[3]

#Migration

Household moves in and out of Obion County over a year, from IRS tax-return data.

Net migration
-6[5]
Moved in
630
Moved out
636

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
1
Middle
0
High
0
  • Trimble Elementary

    Elementary · Grades PK–5 · Dyer County

    168 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$564
Loan principal$89,289
Down payment$22,322
Total interest paid$113,883

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$735
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 38259?
The typical home in 38259 is worth $111,611, based on the Zillow Home Value Index.
Are home values rising in 38259?
Home values in 38259 are down 10.7% over the past year.
What is the property tax rate in 38259?
The effective property tax rate in 38259 is 0.8% — roughly $926 a year on a typical home.
Who lives in 38259?
ZIP code 38259 has a population of 672 and a median household income of $39,896.

Compare ZIPs

Pit ZIP 38259 against any other ZIP — full side-by-side table.

Compare 38259

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