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 Jun - Sep '14 y-o-y 3 months prior 1 year prior 5 years prior
38111 $156,000 +10.2% $145,000 $141,500 $96,600
Memphis $120,000 -7.4% $115,717 $129,600 $97,250
Want to know more about in 38111, Memphis? Ask local experts

Summary for Memphis, 38111


The median sales price for homes in ZIP code 38111 for Jun 14 to Sep 14 was $156,000. This represents an increase of 7.6%, or $11,000, compared to the prior quarter and an increase of 10.2% compared to the prior year. Sales prices have appreciated 61.5% over the last 5 years in 38111, Memphis. The median sales price of $156,000 for 38111 is 30.00% higher than the median sales price for Memphis TN. Average listing price for homes on Trulia in ZIP code 38111 was $162,083 for the week ending Sep 10, which represents a decline of 2.8%, or $4,658 compared to the prior week and a decline of 14.5%, or $27,473, compared to the week ending Aug 20. Average price per square foot for homes in 38111 was $110 in the most recent quarter, which is 41.03% 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
Sep 10
w-o-w Week ending
Sep 3
Week ending
Aug 27
Week ending
Aug 20
38111 $162,083 -2.8% $166,741 $178,533 $189,556
Memphis $166,203 -1.9% $169,387 $177,760 $174,626
Want to know more about in 38111, Memphis? Ask local experts

Average Price Per Sqft. for Homes in Memphis, 38111

 

1 yr 5 yr Max
Memphis, 38111 average price per square foot
Location Jun - Sep '14 y-o-y 3 months prior 1 year prior 5 years prior
38111 $110 +19.6% $93 $92 $74
Memphis $78 +2.6% $75 $76 $64
Want to know more about in 38111, Memphis? Ask local experts

Popular Zips in Memphis


Zips Week ending
Sep 10
w-o-w Week ending
Sep 3
Week ending
Aug 27
38125 1 1 1
38104 2 2 3
38117 3 3 2
38119 4 4 7
38111 5 5 4
38103 6 +2 8 8
Homes for Sale in 38111
View all 38111 Homes for Sale