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38120 Real Estate Insights

ZIP code 38120 is located in Memphis, Tennessee.
ZIP code 38120 is home to a large number of quality restaurants, making it easy for locals to enjoy Cajun, delis and Mongolian when the mood strikes. This location has some great nightlife venues, which offer a good variety of options for you. The center of all things entertainment, you can satisfy all of your senses with the cinemas, music halls and performing arts spots here. There's no excuse for sitting on the couch all day here when you live close to so many awesome activities, such as training at fitness centers, climbing and fishing. There are many shopping options in ZIP code 38120, such as beauty supply shops, office equipment stores and sporting goods stores, suggesting that there is something for every type of shopper.
In ZIP code 38120, you have a good chance of finding highly educated people living nearby. In terms of income, those who live in this place tend to be on the higher end of the scale.
The average real estate listing price this year is $463,960 in ZIP code 38120, a noticeable increase of 11.8 percent compared to the year prior. At the same time, inventory decreased slightly year-over-year in this vicinity by 6.2 percent, reaching a total of 60 homes on the market in this year. The lush landscaping on many of the lots in this area adds a refined and tasteful flair to the homes. A handful of homes in this area feature authentic fireplaces, allowing you and the whole family to remain comfortable during the winter.