Memphis, 38107 Market Trends


Median Sales Price in Memphis, 38107

 

1 yr 5 yr Max
Memphis, 38107 median sales prices
Number of sold homes in Memphis, 38107
Location Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
38107 $62,500 -39.4% $75,600 $103,100 $109,650
Memphis $113,000 +2.8% $100,000 $109,900 $95,000
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Summary for Memphis, 38107


The median sales price for homes in ZIP code 38107 for Feb 15 to May 15 was $62,500. This represents a decline of 17.3%, or $13,100, compared to the prior quarter and a decrease of 39.4% compared to the prior year. Sales prices have depreciated 43% over the last 5 years in 38107, Memphis. The median sales price of $62,500 for 38107 is 44.69% lower than the median sales price for Memphis TN. Average listing price for homes on Trulia in ZIP code 38107 was $100,535 for the week ending May 13, which represents an increase of 8.4%, or $7,754 compared to the prior week and an increase of 13%, or $11,600, compared to the week ending Apr 22. Average price per square foot for homes in 38107 was $49 in the most recent quarter, which is 30.99% lower than the average price per square foot for homes in Memphis.

Average Listing Price in Memphis, 38107

 

Memphis, 38107 average property price
Memphis, 38107 – number of properties
Location Week ending
May 13
w-o-w Week ending
May 6
Week ending
Apr 29
Week ending
Apr 22
38107 $100,535 +8.4% $92,781 $83,812 $88,935
Memphis $172,799 +6.6% $162,112 $163,633 $153,439
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Average Price Per Sqft. for Homes in Memphis, 38107

 

1 yr 5 yr Max
Memphis, 38107 average price per square foot
Location Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
38107 $49 -10.9% $57 $55 $63
Memphis $71 -1.4% $67 $72 $63
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Popular Zips in Memphis


Zips Week ending
May 13
w-o-w Week ending
May 6
Week ending
Apr 29
38125 1 1 2
38117 2 2 1
38104 3 3 3
38111 4 4 4
38103 5 +1 6 7
38119 6 -1 5 5
Homes for Sale in 38107
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