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38126 Real Estate Insights

ZIP code 38126 is located in Memphis, Tennessee.

You will always be excited to go out and eat in ZIP code 38126 due to the fact that the restaurants feature a variety of cuisine from around the world like barbeque joints, Cajun and soul food. When it comes to nightlife, it doesn't matter whether you prefer a loud or a relaxing ambience; there is something for everyone in this vicinity. Rainy days here shouldn't be a problem with plenty of indoor entertainment options such as music halls, museums and jazz & blues to keep all the family happy. There are many choices for all kinds of shoppers, and close by, due to the many amazing stores, like office equipment stores, jewelers and art galleries. You will see many residents here walking and exercising as a way of commuting, making it a sociable and health-conscious place to live.

A significant number of the houses in ZIP code 38126 are not occupied year-round by their respective property owners. With many women choosing to make this location their home in recent years, they now outnumber the men quite considerably. Most of the people who live here are of the younger generation, contributing to the low median age of ZIP code 38126's population. According to public data, people living in this locale have a lower income than average.

ZIP code 38126's real estate market is picking up 210.5 percent by average listing price, year-over-year. Last year, the average listing price was $48,050 and rose to $149,187 in this year. Such a large surge is a positive trend for current homeowners and new buyers in the local area looking to profit from rapidly increasing property values. Last year, this vicinity featured 4 listings, and in this year, the number of homes for sale prominently increased to 5, a 25 percent escalation.