38024
Dyersburg, Tennessee

The 38024 ZIP code in Dyersburg shows a median sale price of $175,000, marking a 4.1% year-over-year decline that signals cooling from previous valuation peaks. Properties are clearing in just 29 days, indicating sustained transaction velocity despite the price correction. The 19% above-asking sale rate demonstrates selective but present competitive pressure, suggesting buyers are still willing to exceed list price for properly positioned inventory even as overall valuations compress.

This environment favors cash-position buyers and first-time purchasers who can act decisively within the 29-day average marketing window. The 4.1% price decline creates an entry point $7,500 below year-ago levels at current median, while the sub-30-day clearance rate means qualified buyers face limited negotiation windows. Sellers with equity cushions can still achieve transactions quickly, but the downward price trajectory pressures those requiring maximum proceeds or purchased within the past 18 months.

The PropIQ score of 80 signals neutral-watch conditions where directional momentum remains uncertain and data-dependent. Monitor whether days-on-market extends beyond 35 days, which would confirm buyer leverage expansion, or contracts below 25 days, indicating renewed absorption strength. The 19% above-asking metric bears watching—contraction below 15% would suggest price discovery favoring buyers, while expansion above 25% would signal reversing sentiment despite current year-over-year depreciation.