Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 38068 · Somerville, TN

Market report for ZIP 38068 (Somerville, TN). Population, income, home values, rental stats, and flipper activity.

Completed Flips (12 mo)
N/A
Median Gross Margin
N/A
Median Hold
N/A
Median Home Value
$203K

Market snapshot

Population
10,801
Median Household Income
$67,538
Median Home Value
$203,243
Median Rent
$1,918

This report covers ZIP 38068, Somerville, TN. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.

Flip activity in ZIP 38068

No qualifying fix-and-flip transactions were identified for ZIP 38068 in the last 12 months using our behavioral filter (28 to 540 day hold, purchase of $25K or more, no new construction or rebuilds). That can happen in small zips, very slow markets, or areas dominated by owner-occupied long-term holds. Consider neighboring zips below.

Recent investor purchases in ZIP 38068

6 investor purchases in ZIP 38068 in the last 6 months, at a median price of $45K. 83% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 27, 2026210 ROGERS DRCMT CONSTRUCTION LLC$35KCash
Oct 27, 2026BROOKLINE CVNOWLEY DARYL$15KCash
Oct 21, 20263895 COUNTRY CLUB RDPRASAD RAMA$21KCash
Oct 14, 2026620 ROLLING BROOK DRLATINOS INVESTMENTS LLC$45KCash
Oct 6, 2026307 CHURCH STC & Z LEGACY ENTERPRISES LLC$159KFinanced
Jul 8, 2026220 RICH RDSTABLE PROPERTIES LLC$65KCash

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Nearby markets in TN

Same-state markets near ZIP 38068. Click any to see its fix-and-flip snapshot.

Tier One Funding
Direct bridge & fix-and-flip lender

We built this tool. We also write the loans on flips just like the ones above.

$1B+
Funded
3 days
Typical close
No
Interior appraisal or inspection
17
States

About this data

Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.

Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.

Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.

Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.