The story of this market
The typical home in ZIP 38141 sells for about $198,500, or $130 per square foot.
Prices are down 15% from a year ago, which gives buyers more room to negotiate. Homes take about 81 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,532 a month.
ZIP 38141 — Memphis
The 38141 housing market is currently experiencing downward pressure on prices, consistent with broader trends in the Memphis area. With active inventory rising and median list prices declining year-over-year, buyers are gaining increased leverage in a market characterized by longer days on market.
Median prices moved down 15.0% year over year.
Homes spend a median of 81 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 8.8% · poverty 16.9% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 38141
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
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Dave & Buster's Memphis413.7 mi
- K1 Speed Memphis4.711.7 mi
- Urban Air Trampoline and Adventure Park4.210 mi
- Urban Air Trampoline and Adventure Park4.27 mi
- Jumping World4.111.3 mi
- Memphis Zoo4.613.2 mi
- FedExForum4.715 mi
- Crosstown Concourse4.714.1 mi
- Renasant Convention Center4.515.6 mi
- B.B. King's Blues Club4.615.2 mi
- Graceland4.510.9 mi
- Malco Paradiso4.58.1 mi
- Shelby Farms Park4.89.2 mi
- Memphis Botanic Garden4.78.5 mi
- Graceland Mansion4.710.7 mi
- Graceland4.510.9 mi
- National Civil Rights Museum4.915.1 mi
- Crosstown Concourse4.714.1 mi
- Sun Studio4.814.4 mi
- Lorraine Motel4.915.1 mi
- Shelby Farms Park4.89.2 mi
- Memphis Botanic Garden4.78.5 mi
- Overton Park4.612.8 mi
- Snowden Grove Park4.66.4 mi
- Crystal Shrine Grotto4.77.4 mi
- Topgolf Memphis3.53.7 mi
- TPC Southwind4.85 mi
- Windyke Country Club4.84.5 mi
- Cherokee Valley Golf Club4.53.5 mi
- Ridgeway Country Club4.87.1 mi
- Tanger Outlets Southaven4.59.8 mi
- Nordstrom Rack4.18.7 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.