Compare: Shelby Forest-Frayser vs 38127

Home Values in Shelby Forest-Frayser and 38127

Shelby Forest-Frayser
vs38127
Zillow Home Value IndexWhat's this?
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Zillow Home Value Index
Mid-point of Zestimate valuations for Shelby Forest-Frayser. Half the Zestimates are above this number and half are below it.
$42,000vs$42,500
1-Year Change+5.8%vs+5.5%
Median List Price$25,000vs$29,000
Median Sale Price$32,800vs$28,300
Shelby Forest-Frayser, Memphis tends to be less expensive for home buyers than 38127. During the last year, Shelby Forest-Frayser home values have risen by 5.8%, while 38127 home values have risen by 5.5%. The median sale price in Shelby Forest-Frayser is $32,800, but the median listing price was $25,000, a 31.2% increase. Meanwhile in 38127, the median selling price is $28,300, and the starting price had a median of $29,000, a 2.4% discount.

Demographics in Shelby Forest-Frayser and 38127

Shelby Forest-Frayser
vs38127
Population35,254vs15,607
Median Household Income$28,104vsData Unavailable.
Median Age30vsData Unavailable.
Homes with Kids30.5%vsData Unavailable.
Average Household Size2.9vsData Unavailable.
Average Commute Time (Minutes)28vsData Unavailable.

Why is 38127 more expensive than Shelby Forest-Frayser?

Shelby Forest-Frayser, Memphis, TN

Map of Shelby Forest-Frayser, Memphis, TN
Shelby Forest-Frayser is a neighborhood in Memphis, TN with a population of 35,254. The median household income is $28,104.

38127

Map of 38127
38127 is a zipcode in Shelby county, TN with a population of 15,607.