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Zip 38131 (Memphis, TN) Housing


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The housing market in 38131 Memphis, TN is significantly outperforming the national housing market. The median value of a house in this area is $240,400, which is far less than the U.S. median value of $338,100. However, the past year has seen an incredible 15.04% appreciation in housing values in 38131 Memphis, TN while the entire nation has only seen 8.27% growth in home values during that period. This points to 38131 Memphis as a strong market for real estate investments and a great place to call home.
Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingMemphis, TennesseeUnited States
  0.0139,647,020.0
  4542
  $240,400$338,100
  15.0%16.6%
  61.1%57.0%
  97.6%101.1%
  $12.51$10.98
Property Taxes Paid 2690
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