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Memphis Housing Market Trends

Typical home values across 71 ZIP codes in the Memphis, TN-MS-AR metro area are $239K, -0.6% over the past 12 months and +13.8% over 5 years.

All homes
$239K
1M
-0.0%
1Y
-0.6%
5Y
+13.8%
10Y
+84.6%
Single family
$239K
1M
-0.0%
1Y
-0.5%
5Y
+13.8%
10Y
+85.4%
Condo
$212K
1M
-0.1%
1Y
-2.5%
5Y
+7.3%
10Y
+65.0%
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Fastest rising ZIP codes in Memphis

  1. 138642 Lamar$193K+10.8%
  2. 272348 Hughes$179K+8.5%
  3. 338042 Hickory Valley$206K+8.4%
  4. 438659 Potts Camp$167K+8.0%
  5. 538664 Robinsonville$202K+6.9%
  6. 638039 Grand Junction$157K+6.9%
  7. 772301 West Memphis$133K+6.9%
  8. 838049 Braden$235K+5.7%
  9. 938668 Senatobia$249K+5.0%
  10. 1038618 Coldwater$249K+4.7%

Coolest ZIP codes in Memphis

  1. 138112 Memphis$127K-9.0%
  2. 238109 Memphis$92K-8.4%
  3. 338114 Memphis$75K-7.3%
  4. 438106 Memphis$58K-6.8%
  5. 538108 Memphis$72K-6.4%
  6. 638104 Memphis$254K-6.3%
  7. 738127 Memphis$91K-5.3%
  8. 838103 Memphis$322K-5.2%
  9. 938107 Memphis$112K-5.0%
  10. 1038105 Memphis$112K-4.2%

Home values by county

CountyTypical value12-month5-yearZIPs
Shelby County$227K-3.0%+10.2%33
DeSoto County$329K+0.7%+17.9%8
Tipton County$271K+0.8%+27.9%6
Fayette County$327K+1.7%+22.4%6
Marshall County$193K+3.3%+9.0%5
Crittenden County$156K+5.1%+8.1%4
Tate County$249K+4.7%+25.6%3
Tunica County$172K+4.3%-1.8%3
Hardeman County$182K+7.7%n/a2
Benton County$193K+10.8%+11.4%1

All Memphis ZIP codes

ZIPCityCountyAll homesSingle familyCondo12-month5-year
38642LamarBenton County$193K$193Kn/a+10.8%+11.4%
72348HughesCrittenden County$179K$179Kn/a+8.5%+4.7%
38042Hickory ValleyHardeman County$206K$206Kn/a+8.4%n/a
38659Potts CampMarshall County$167K$167Kn/a+8.0%+6.2%
38664RobinsonvilleTunica County$202K$203Kn/a+6.9%+22.5%
38039Grand JunctionHardeman County$157K$157Kn/a+6.9%n/a
72301West MemphisCrittenden County$133K$133Kn/a+6.9%+11.5%
38049BradenFayette County$235K$235Kn/a+5.7%+32.4%
38668SenatobiaTate County$249K$249Kn/a+5.0%+26.2%
38618ColdwaterTate County$249K$249Kn/a+4.7%+25.6%
38676TunicaTunica County$146K$146Kn/a+4.3%-1.8%
38015Gilt EdgeTipton County$236K$236Kn/a+4.2%+30.5%
38665SarahTate County$244K$244Kn/a+3.9%+21.8%
38057MoscowFayette County$293K$294Kn/a+3.9%+22.4%
38661Red BanksMarshall County$236K$236Kn/a+3.7%+22.9%
72364MarionCrittenden County$239K$239Kn/a+3.4%+28.2%
38685WaterfordMarshall County$193K$193Kn/a+3.3%+9.0%
38611ByhaliaMarshall County$278K$278Kn/a+2.6%+20.8%
38641WallsDeSoto County$327K$327Kn/a+2.3%+19.6%
38076WillistonFayette County$367K$368Kn/a+2.3%n/a
38635Holly SpringsMarshall County$176K$177Kn/a+1.5%+6.6%
38626DundeeTunica County$172K$172Kn/a+1.4%-5.8%
38019CovingtonTipton County$210K$210Kn/a+1.3%+27.5%
38068SomervilleFayette County$301K$301Kn/a+1.2%+24.6%
38651NesbitDeSoto County$357K$358Kn/a+1.2%+16.3%

Typical home values are medians of ZIP-level home value index data for Memphis, TN-MS-AR. This is market data, not an appraisal, broker price opinion or CMA.

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