Real Estate Data for Memphis, 38116


Median Sales Price in Memphis, 38116

 

1 yr 5 yr Max
Memphis, 38116 median sales prices
Number of sold homes in Memphis, 38116
Location Nov - Feb '16 y-o-y 3 months prior 1 year prior 5 years prior
38116 $75,101 -13.8% $80,000 $87,100 $60,750
Memphis $107,700 +5.1% $115,000 $102,500 $87,775
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Summary for Memphis, 38116


The median sales price for homes in ZIP code 38116 for Nov 15 to Feb 16 was $75,101. This represents a decline of 6.1%, or $4,899, compared to the prior quarter and a decrease of 13.8% compared to the prior year. Sales prices have appreciated 23.6% over the last 5 years in 38116, Memphis. The median sales price of $75,101 for 38116 is 30.27% lower than the median sales price for Memphis TN. Average listing price for homes on Trulia in ZIP code 38116 was $66,675 for the week ending Feb 03, which represents a decline of 2.2%, or $1,498 compared to the prior week and an increase of 1.3%, or $858, compared to the week ending Jan 13. Average price per square foot for homes in 38116 was $44 in the most recent quarter, which is 37.14% lower than the average price per square foot for homes in Memphis.

Average Listing Price in Memphis, 38116

 

Memphis, 38116 average property price
Memphis, 38116 – number of properties
Location Week ending
Feb 3
w-o-w Week ending
Jan 27
Week ending
Jan 20
Week ending
Jan 13
38116 $66,675 -2.2% $68,173 $69,699 $65,817
Memphis $113,456 -1.2% $114,803 $115,554 $110,528
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Average Price Per Sqft. for Homes in Memphis, 38116

 

1 yr 5 yr Max
Memphis, 38116 average price per square foot
Location Nov - Feb '16 y-o-y 3 months prior 1 year prior 5 years prior
38116 $44 +4.8% $42 $42 $36
Memphis $70 +7.7% $72 $65 $58
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Popular Zips in Memphis


Zips Week ending
Feb 3
w-o-w Week ending
Jan 27
Week ending
Jan 20
38125 1 1 1
38117 2 2 2
38104 3 3 3
38111 4 4 5
38119 5 +1 6 7
38120 6 -1 5 6
Homes for Sale in 38116
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