Housing in Memphis (zip 38109), Tennessee
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| Median Home Age | 46.2 | 35.1 |
| Median Home Cost | $49,200 | $153,800 |
| Home Appreciation | -0.86% | 1.62% |
| Homes Owned | 58.93% | 57.69% |
| Housing Vacant | 11.95% | 11.38% |
| Homes Rented | 29.12% | 30.93% |
| Property Tax Rate | $11.46 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 3.06% | 2.72% |
| $20,000 to $39,999 | 14.30% | 4.03% |
| $40,000 to $59,999 | 49.72% | 5.58% |
| $60,000 to $79,999 | 22.59% | 7.09% |
| $80,000 to $99,999 | 6.00% | 8.80% |
| $100,000 to $149,999 | 2.62% | 21.26% |
| $150,000 to $199,999 | 1.17% | 14.87% |
| $200,000 to $299,999 | 0.21% | 16.82% |
| $300,000 to $399,999 | 0.18% | 7.83% |
| $400,000 to $499,999 | 0.07% | 4.04% |
| $500,000 to $749,999 | 0.04% | 4.05% |
| $750,000 to $999,999 | 0.04% | 1.26% |
| $1,000,000 or more | 0.00% | 1.64% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 4.79% | 13.71% |
| 1995 to 1998 | 3.26% | 14.31% |
| 1990 to 1994 | 3.26% | 14.31% |
| 1980 to 1989 | 3.86% | 13.87% |
| 1970 to 1979 | 22.00% | 16.17% |
| 1960 to 1969 | 28.64% | 11.70% |
| 1950 to 1959 | 24.19% | 11.08% |
| 1940 to 1949 | 8.59% | 6.02% |
| 1939 or Earlier | 4.66% | 13.15% |
The median home value in Memphis (zip 38109), TN, is $49,200. Home appreciation is -0.86% over the last year. The median age of Memphis (zip 38109), TN, real estate is 46 years.
Memphis (zip 38109), TN Apartments and Rentals
Renters make up 29.12% of the Memphis (zip 38109), TN, population. 11.95% of houses and apartments in Memphis (zip 38109), TN, are unoccupied (vacancy rate).
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