Homes For Sale & Real Estate in 38116

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United StatesTennesseeMemphis38116

38116 Real Estate Insights

ZIP code 38116 is located in Memphis, Tennessee.

If you love food then you'll love ZIP code 38116 with its impressive collection of restaurants serving up delicacies to satisfy any craving, such as cafes, burger joints and chicken wing joints.

A significant number of the houses in ZIP code 38116 are not occupied year-round by their respective property owners. The number of males living in this place is low compared to the number of females. The median age of residents is low in ZIP code 38116, so if you're young or young-at-heart you'll probably find you fit right in.

Living in ZIP code 38116 comes at a cost of $57,888. Home prices here marginally dropped 2.4 percent this year. Inventory increased year-over-year, albeit minimally at 8.8 percent, from 68 to 74 listings. Nonetheless, a bigger scope allows buyers interested in this location more options when narrowing down their search based on personal criteria. With a few of the homes in the area offering real fireplaces, you might just find yourself relaxing beside one with your family and friends on a cold winter's night.