38261 — Union City, TN Home Values
Typical home value $173,861 as of June 2026 · 3rd of 7 in Union City, TN
Blue: typical home value (Zillow ZHVI) in ZIP code 38261, June 2021 to June 2026. This page shows observed data only; no forecast.
How 38261 compares in the Union City, TN area
ZIP code 38261 (Union City, TN) has a typical home value of $173,861 as of June 2026, ranking 3rd of 7 ZIP codes tracked in the Union City, TN area, more expensive than about 71% of ZIP codes in the metro. Prices here have moved +7.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +39.4%, from $124,708 in June 2021 to $173,861 in June 2026. Against observed rent, the typical home here sells for 14.2× the annual rent ($1,021/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Union City, TN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Union City.
Population and demographics
ZIP code 38261 has a population of 16,338, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 72% White, 16.3% Black or African American, 6.7% Hispanic or Latino, 4.2% two or more races, 0.3% Asian, 0.2% Native Hawaiian or Pacific Islander, 0.2% another race, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Lake Road Elementary | 1130 East Highway 22, Union City, TN | 1.3 mi |
| Union City Middle School | 1111 High School DR, Union City, TN | 3.9 mi |
| Union City High School | 1305 High School DR, Union City, TN | 4 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 38261?
$173,861 as of June 2026, the latest month Zillow has published observed data for.
Is 38261 an expensive ZIP code in the Union City, TN area?
38261 ranks 3rd of 7 ZIP codes in the Union City, TN area by typical home value, more expensive than about 71% of ZIP codes in the metro.
How much have home values in 38261 changed over the past year?
+7.7% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 38261?
The typical home price is 14.2× the observed annual rent in this ZIP code ($1,021/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 38261?
16,338, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 38261?
Lake Road Elementary (1.3 mi), Union City Middle School (3.9 mi), Union City High School (4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 38261?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Union City, TN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.