The story of this market
The typical home in ZIP 38107 sells for about $157,000, or $90 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 70 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,073 a month.
ZIP 38107 — Memphis
The 38107 housing market is characterized by a median sale price of $157,000 as of July 2026. Inventory remains constrained with 112 active listings, and the market shows a sale-to-list ratio of 95%.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 70 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 11.9% · poverty 30.6% — elevated distress and economic pressure.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 38107, 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 Memphis413.2 mi
- K1 Speed Memphis4.79.8 mi
- Urban Air Trampoline and Adventure Park4.213.1 mi
- Jumping World4.19.4 mi
- Urban Air Trampoline and Adventure Park4.220 mi
- Memphis Zoo4.62 mi
- FedExForum4.72.4 mi
- Crosstown Concourse4.71.1 mi
- Renasant Convention Center4.51.8 mi
- B.B. King's Blues Club4.62.5 mi
- Graceland4.58.1 mi
- Memphis Zoo4.62 mi
- National Civil Rights Museum4.92.9 mi
- Malco Paradiso4.58.1 mi
- Memphis Botanic Garden4.77.1 mi
- Graceland4.58.1 mi
- National Civil Rights Museum4.92.9 mi
- Crosstown Concourse4.71.1 mi
- Sun Studio4.82 mi
- Lorraine Motel4.92.9 mi
- Memphis Botanic Garden4.77.1 mi
- Shelby Farms Park4.810.9 mi
- Tom Lee Park4.63 mi
- Overton Park4.62.4 mi
- Meeman-Shelby Forest State Park4.612.3 mi
- Mirimichi Golf Course4.48.9 mi
- The Links at Audubon4.26.9 mi
- Links At Galloway Golf Course4.35.5 mi
- The Links at Fox Meadows4.210.9 mi
- The Links at Pine Hill4.45.5 mi
- Nordstrom Rack4.17.2 mi
- Burlington3.88.3 mi
- Winchester Farmers Market4.312.9 mi
- Sprouts Farmers Market4.47.4 mi
- Ross Dress for Less4.16.1 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.