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Zip 38132 (Memphis, TN) Housing


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The housing market in 38132 Memphis, TN is currently quite strong. The median value of a house in this area is $225,700, which is much lower than the US median value of $338,100. However, the 1 year appreciation rate for houses in 38132 Memphis is 15.04%, which is higher than the US average of 8.27%. This suggests that homes in this area are increasing in value quickly and could be an attractive investment for those looking to purchase property.
Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingMemphis, TennesseeUnited States
  0.0139,647,020.0
  4542
  $225,700$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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