The story of this market
The typical home in ZIP 38105 sells for about $185,000, or $109 per square foot.
Prices are down 10.89% from a year ago, which gives buyers more room to negotiate. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $997 a month.
ZIP 38105 — Memphis
The 38105 housing market is currently experiencing a decline in home values, with a median listing price of $185,000 and a year-over-year decrease of nearly 11%. Market activity is relatively slow, with a median of 62 days on market for active listings. Data for this ZIP is limited, reflecting a challenging environment for residential real estate in this specific Memphis area.
Median prices moved down 10.9% year over year.
Homes spend a median of 62 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.0% · poverty 25.8% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 38105, Shelby County TN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
not determinable
- Dave & Buster's Memphis414 mi
- K1 Speed Memphis4.710.5 mi
- Urban Air Trampoline and Adventure Park4.213.7 mi
- Jumping World4.110.2 mi
- Urban Air Trampoline and Adventure Park413.6 mi
- Memphis Zoo4.62.3 mi
- FedExForum4.71.3 mi
- Crosstown Concourse4.71.2 mi
- Renasant Convention Center4.50.9 mi
- B.B. King's Blues Club4.61.3 mi
- Graceland4.57.2 mi
- Memphis Zoo4.62.3 mi
- National Civil Rights Museum4.91.7 mi
- Malco Paradiso4.58.3 mi
- Memphis Botanic Garden4.77.2 mi
- Graceland4.57.2 mi
- National Civil Rights Museum4.91.7 mi
- Crosstown Concourse4.71.2 mi
- Sun Studio4.80.9 mi
- Lorraine Motel4.91.8 mi
- Memphis Botanic Garden4.77.2 mi
- Shelby Farms Park4.811.5 mi
- Tom Lee Park4.61.9 mi
- Overton Park4.62.7 mi
- Crystal Shrine Grotto4.79.6 mi
- Mirimichi Golf Course4.410 mi
- The Links at Audubon4.27.1 mi
- Links At Galloway Golf Course4.35.8 mi
- The Links at Fox Meadows4.210.9 mi
- The Links at Pine Hill4.44.5 mi
- Nordstrom Rack4.17.5 mi
- Burlington3.88.5 mi
- Winchester Farmers Market4.312.9 mi
- Sprouts Farmers Market4.47.7 mi
- Ross Dress for Less4.16.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.