38111 Real Estate Market Overview

Could Memphis, TN 38111 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 38111. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 38111 such as Bartle...tt and Cordova. When you’re ready, Trulia has 136 resale and new homes in 38111 lined up for you, including 3 open houses, and 86 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$145,250

Median Sales Price

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$100

Price Per Sqft

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$750

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 38111 show a 33% year-over-year rise in median sales price and a 0% rise in median rent per month.

Median Sales Price
The median sales price for homes in 38111 for Oct 19 to Jan 18 was $145,250 based on 116 home sales.
Price Per Square Ft.
Average price per square foot for 38111 was $100, an increase of 18% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 38111 for Dec 5 to Jan 5 was $750.

Crime

Most frequent crimes in the past year

38111 has low crime relative to the rest of Shelby County.

Knowing more about crime activity in and around 38111 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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985

Counts of Assault

946

Counts of Theft

438

Counts of Vandalism


Best Schools in 38111

There are 7 schools in 38111.

Elementary Schools
2

Sharpe Elementary School

Public, PK - 5

2

Sherwood Elementary School

Public, PK - 5

1

South Park Elementary School

Public, PK - 5

Middle Schools
2

Sherwood Middle School

Public, 6 - 8

High Schools
2

East High School

Public, 9 - 12

N/A

East Career Technology Center

Public, 9 - 12


Demographics

Get to know your neighbors in 38111 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
46%
Single residents
Home owners
52%
Home owners
Median age
32
Median age
Household income
$32,474
Median household income
College educated
25%
College educated

Commute

Most people in 38111 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
96% commute by car
0% commute by bike
0% commute by public transportation
0% commute by foot

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