Memphis, 38120 Real Estate Overview


  • Crime
  • Schools
  • Commute
  • Amenities
  • Affordability
  • Demographics
  • Hazards

Average Listing Price

  • $656,664
  • for week ending Mar 04
  • -$25,427
  • -3.7%
  • w-o-w

Median Sales Price

  • $256,250
  • Dec '14 - Mar '15
  • +$29,750
  • +13.1%
  • y-o-y

Summary for Memphis, 38120


The median sales price for homes in ZIP code 38120 in Memphis from Dec 14 to Mar 15 was $256,250 based on 36 sales. Compared to the same period one year ago, the median sales price increased 13.1%, or $29,750, and the number of sales decreased 7.7%. Average price per square foot for homes in 38120 was $97, an increase of 3.2% compared to the same period last year. There are currently 73 resale and new homes in ZIP code 38120 on Trulia, including 1 open house, as well as 9 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 38120 was $656,664 for the week ending Mar 04, which represents a decrease of 3.7%, or $25,427, compared to the prior week. Popular ZIP codes in Memphis include 38125 and 38117, with average listing prices of $225,511 and $261,809.


District Type Grades Schools Students
Shelby County Public PK - 12 51 46,016
Memphis Public PK - 12 217 117,395
School Name School Type Grades Parent Rating
Briarcrest Christian School Private PK - 5
Evangelical Christian School Private PK - 5
Bornblum Solomon Schechter School Private 1 - 8
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Homes for Sale in 38120
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