Memphis, 38127 Market Trends


Median Sales Price in Memphis, 38127

 

1 yr 5 yr Max
Memphis, 38127 median sales prices
Number of sold homes in Memphis, 38127
Location Oct - Jan '15 y-o-y 3 months prior 1 year prior 5 years prior
38127 $39,500 -25.0% $39,675 $52,700 $45,817
Memphis $103,400 -4.3% $119,000 $108,000 $99,900
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Summary for Memphis, 38127


The median sales price for homes in ZIP code 38127 for Oct 14 to Jan 15 was $39,500. This represents a decline of 0.4%, or $175, compared to the prior quarter and a decrease of 25% compared to the prior year. Sales prices have depreciated 13.8% over the last 5 years in 38127, Memphis. The median sales price of $39,500 for 38127 is 61.80% lower than the median sales price for Memphis TN. Average listing price for homes on Trulia in ZIP code 38127 was $73,731 for the week ending Jan 14, which represents a decline of 3.4%, or $2,598 compared to the prior week and a decline of 16.8%, or $14,895, compared to the week ending Dec 24. Average price per square foot for homes in 38127 was $35 in the most recent quarter, which is 50.00% lower than the average price per square foot for homes in Memphis.

Average Listing Price in Memphis, 38127

 

Memphis, 38127 average property price
Memphis, 38127 – number of properties
Location Week ending
Jan 14
w-o-w Week ending
Jan 7
Week ending
Dec 31
Week ending
Dec 24
38127 $73,731 -3.4% $76,329 $83,491 $88,626
Memphis $153,690 -0.7% $154,851 $158,602 $157,020
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Average Price Per Sqft. for Homes in Memphis, 38127

 

1 yr 5 yr Max
Memphis, 38127 average price per square foot
Location Oct - Jan '15 y-o-y 3 months prior 1 year prior 5 years prior
38127 $35 -37.5% $53 $56 $33
Memphis $70 -6.7% $78 $75 $62
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Popular Zips in Memphis


Zips Week ending
Jan 14
w-o-w Week ending
Jan 7
Week ending
Dec 31
38125 1 1 1
38111 2 +2 4 6
38117 3 -1 2 2
38104 4 -1 3 3
38119 5 5 5
38103 6 6 4
Homes for Sale in 38127
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