Median home value in zip code 38042 (Hickory Valley, TN) is $194,731, up 2.5% year over year. Part of the Memphis, TN-MS-AR metropolitan area.

Home Value$194,731

YoY Change

+2.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 38042 (Hickory Valley).

Income (annual)

Down Payment

$38,946 on $194,731

Example: $75,000 household income. Change it above to see your own.

Affordable21.3% of income

Under the 28% guideline.

PITI$1,333

P/I21.3%

Afford$256K

Room+$61K

P&I $985Tax $182Ins $167

6.50% 30yr, 20% down, county tax + TN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

38042 is part of the Memphis, TN-MS-AR metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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