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 Jan - Apr '15 y-o-y 3 months prior 1 year prior 5 years prior
38107 $63,850 -37.1% $93,000 $101,500 $72,640
Memphis $107,000 +4.4% $103,150 $102,500 $89,900
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Summary for Memphis, 38107


The median sales price for homes in ZIP code 38107 for Jan 15 to Apr 15 was $63,850. This represents a decline of 31.3%, or $29,150, compared to the prior quarter and a decrease of 37.1% compared to the prior year. Sales prices have depreciated 12.1% over the last 5 years in 38107, Memphis. The median sales price of $63,850 for 38107 is 40.33% lower than the median sales price for Memphis TN. Average listing price for homes on Trulia in ZIP code 38107 was $90,012 for the week ending Apr 15, which represents an increase of 12.7%, or $10,112 compared to the prior week and an increase of 12%, or $9,649, compared to the week ending Mar 25. Average price per square foot for homes in 38107 was $45 in the most recent quarter, which is 35.71% 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
Apr 15
w-o-w Week ending
Apr 8
Week ending
Apr 1
Week ending
Mar 25
38107 $90,012 +12.7% $79,900 $82,182 $80,363
Memphis $155,699 -0.8% $157,027 $152,906 $148,331
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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 Jan - Apr '15 y-o-y 3 months prior 1 year prior 5 years prior
38107 $45 -18.2% $61 $55 $51
Memphis $70 -1.4% $69 $71 $60
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Popular Zips in Memphis


Zips Week ending
Apr 15
w-o-w Week ending
Apr 8
Week ending
Mar 25
38125 1 1 2
38117 2 +1 3 1
38104 3 -1 2 4
38111 4 4 3
38103 5 5 6
38120 6 +1 7 7
Homes for Sale in 38107
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