Zip 38131 (Memphis, TN) Housing

The housing market in 38131 Memphis, TN is significantly outperforming the national housing market. The median value of a house in this area is $240,400, which is far less than the U.S. median value of $338,100. However, the past year has seen an incredible 15.04% appreciation in housing values in 38131 Memphis, TN while the entire nation has only seen 8.27% growth in home values during that period. This points to 38131 Memphis as a strong market for real estate investments and a great place to call home.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Memphis, Tennessee	United States
	0.0	139,647,020.0
	45	42
	$240,400	$338,100
	15.0%	16.6%
	61.1%	57.0%
	97.6%	101.1%
	$12.51	$10.98
Property Taxes Paid		2690

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