ZIP Code Market Report
38485 โ Waynesboro, TN
Data through February 2026 ยท Updated monthly
Avg Home Value
--
Month-over-Month
--
Single Family
$164,653
Condo / Co-op
--
A 3-bedroom home in 38485 is valued at $190,457.
The market in 38485 has a $210,954 spread between bottom-tier homes at $87,484 and top-tier homes at $298,437. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Wayne County market area in TENNESSEE. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Wayne County report.
Free Home Value Estimate
What's your home worth in 38485 (Waynesboro)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free ยท Takes 30 seconds ยท Based on real sale data
Market Snapshot
38485 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Single Family Value | $162,555 | $163,681 | $164,653 | โฒ 1.3% |
Home Values
38485 Home Value Trend
Historical home values for ZIP code 38485. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI ยท Updated monthly
By Bedroom
What Homes Cost in 38485
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 3 Bedrooms | $190,457 |
Property Types
Home Values by Property Type in 38485
How different property types compare in this ZIP code.
Single Family
$164,653
Bottom Tier
$87,484
Top Tier
$298,437
Data Sources and Methodology
Home value data for ZIP code 38485 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
Investing in Waynesboro?
Run your ARV and MAO instantly with live market data