Memphis, 38111 Market Trends


Median Sales Price in Memphis, 38111

 

1 yr 5 yr Max
Memphis, 38111 median sales prices
Number of sold homes in Memphis, 38111
Location Sep - Dec '14 y-o-y 3 months prior 1 year prior 5 years prior
38111 $86,000 -42.3% $150,250 $149,000 $119,450
Memphis $106,500 -5.1% $120,000 $112,250 $102,500
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Summary for Memphis, 38111


The median sales price for homes in ZIP code 38111 for Sep 14 to Dec 14 was $86,000. This represents a decline of 42.8%, or $64,250, compared to the prior quarter and a decrease of 42.3% compared to the prior year. Sales prices have depreciated 28% over the last 5 years in 38111, Memphis. The median sales price of $86,000 for 38111 is 19.25% lower than the median sales price for Memphis TN. Average listing price for homes on Trulia in ZIP code 38111 was $158,775 for the week ending Dec 17, which represents an increase of 0.7%, or $1,090 compared to the prior week and a decline of 6.1%, or $10,338, compared to the week ending Nov 26. Average price per square foot for homes in 38111 was $90 in the most recent quarter, which is 23.29% higher than the average price per square foot for homes in Memphis.

Average Listing Price in Memphis, 38111

 

Memphis, 38111 average property price
Memphis, 38111 – number of properties
Location Week ending
Dec 17
w-o-w Week ending
Dec 10
Week ending
Dec 3
Week ending
Nov 26
38111 $158,775 +0.7% $157,685 $161,594 $169,113
Memphis $156,815 -3.5% $162,584 $173,283 $166,746
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Average Price Per Sqft. for Homes in Memphis, 38111

 

1 yr 5 yr Max
Memphis, 38111 average price per square foot
Location Sep - Dec '14 y-o-y 3 months prior 1 year prior 5 years prior
38111 $90 -16.7% $106 $108 $80
Memphis $73 -6.4% $78 $78 $64
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Popular Zips in Memphis


Zips Week ending
Dec 17
w-o-w Week ending
Dec 10
Week ending
Dec 3
38125 1 1 1
38117 2 2 3
38104 3 3 2
38111 4 +1 5 5
38119 5 -1 4 4
38120 6 6 6
Homes for Sale in 38111
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