Real Estate Overview for Memphis, 38107


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  • Schools
  • Commute
  • Amenities
  • Affordability
  • Demographics
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Average Listing Price

  • $87,732
  • for week ending Aug 26
  • +$2,468
  • +2.9%
  • w-o-w

Median Sales Price

  • $139,950
  • May '15 - Aug '15
  • +$25,700
  • +22.5%
  • y-o-y

Average Listing Price $87,732 +2.9% w-o-w
Median Sales Price $139,950 +22.5% y-o-y
Average Price/sqft $82 +60.8% y-o-y
Number of Sales 28 -26.3 % y-o-y

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Most popular zip codes Avg. listing Price
Week ending Aug 26
w-o-w
38017 $381,825 +2.1%
38125 $197,215 +3.7%
38002 $273,282 -1.0%
38016 $190,083 +3.8%
38117 $229,374 +1.3%
Movers & Shakers Avg. listing price
Week ending Aug 26
w-o-w
38135 $180,995 +13.0%
38116 $64,596 +11.6%
38106 $29,093 -9.6%
38127 $33,804 +9.5%
38134 $115,009 +9.1%
View Shelby County Home Prices Map

Summary for Memphis, 38107


The median sales price for homes in ZIP code 38107 in Memphis from May 15 to Aug 15 was $139,950 based on 28 sales. Compared to the same period one year ago, the median sales price increased 22.5%, or $25,700, and the number of sales decreased 26.3%. Average price per square foot for homes in 38107 was $82, an increase of 22.4% compared to the same period last year. There are currently 61 resale and new homes in ZIP code 38107 on Trulia, including 327 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 38107 was $87,732 for the week ending Aug 26, which represents an increase of 2.9%, or $2,468, compared to the prior week. Popular ZIP codes in Memphis include 38117 and 38125, with average listing prices of $229,374 and $197,215.


District Type Grades Schools Students
Shelby County Public PK - 12 51 46,016
Memphis Public PK - 12 217 117,395
School Name School Type Grades Parent Rating
Vollentine Elementary School Public PK - 5
Memphis Academy Of Health Sciences Public 6 - 8
Northside High School Public 9 - 12
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Homes for Sale in 38107
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