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 Oct - Jan '15 y-o-y 3 months prior 1 year prior 5 years prior
38107 $80,000 +15.4% $98,000 $69,350 $109,450
Memphis $104,900 0.0% $115,000 $104,900 $97,750
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Summary for Memphis, 38107


The median sales price for homes in ZIP code 38107 for Oct 14 to Jan 15 was $80,000. This represents a decline of 18.4%, or $18,000, compared to the prior quarter and an increase of 15.4% compared to the prior year. Sales prices have depreciated 26.9% over the last 5 years in 38107, Memphis. The median sales price of $80,000 for 38107 is 23.74% lower than the median sales price for Memphis TN. Average listing price for homes on Trulia in ZIP code 38107 was $74,316 for the week ending Jan 28, which represents a decline of 0.8%, or $598 compared to the prior week and a decline of 1.7%, or $1,280, compared to the week ending Jan 07. Average price per square foot for homes in 38107 was $60 in the most recent quarter, which is 13.04% 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
Jan 28
w-o-w Week ending
Jan 21
Week ending
Jan 14
Week ending
Jan 7
38107 $74,316 -0.8% $74,914 $78,778 $75,596
Memphis $148,400 -2.2% $151,807 $153,430 $154,629
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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 Oct - Jan '15 y-o-y 3 months prior 1 year prior 5 years prior
38107 $60 +25.0% $60 $48 $57
Memphis $69 -6.8% $76 $74 $62
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Popular Zips in Memphis


Zips Week ending
Jan 28
w-o-w Week ending
Jan 21
Week ending
Jan 14
38125 1 1 1
38117 2 +1 3 3
38104 3 -1 2 4
38111 4 4 2
38103 5 5 6
38120 6 +1 7 7
Homes for Sale in 38107
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