38112 Home Prices and Home Values

  • Zillow Home Value Index

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    Zillow Home Value Index
    Mid-point of Zestimate valuations for 38112. Half the Zestimates are above this number and half are below it.
  • Median list price ($)

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    Median list price ($)
    Mid-point of the list price for homes listed on Zillow in 38112, or the asking price.
  • Median sale price ($)

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    Median sale price ($)
    Mid-point of the price homes have sold for in 38112. Half the homes sold above this number and half sold below.
  • Zillow Rent Index

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    Zillow Rent Index
    Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in 38112. Half the Rent Zestimates are above this number and half are below it.
  • Median rent list price ($)

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    Median rent list price ($)
    Mid-point of the rental price for homes listed for rent on Zillow in the 38112. Half the homes have rent prices above this number and half are below.
  • Total homes sold

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    Total homes sold
    Total number of homes sold in 38112 during the prior 30 days.
  • Median value per sq. ft. ($)

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    Median value per sq. ft. ($)
    Mid-point of the value of all homes in 38112, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
  • Median list price / sq. ft. ($)

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    Median list price / sq. ft. ($)
    Mid-point of 38112s list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
  • Median sale price / sq. ft. ($)

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    Median sale price / sq. ft. ($)
    Mid-point of 38112s sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
  • Rent estimate / sq. ft. ($)

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    Rent estimate / sq. ft. ($)
    Mid-point of the estimated monthly rent price of all homes in 38112, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
  • Median rent list price / sq. ft. ($)

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    Median rent list price / sq. ft. ($)
    Mid-point of 38112s rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
  • Median sale-to-list price ratio

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    Median sale-to-list price ratio
    Mid-point of the ratio between the sale price and the list price for all homes in 38112 (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
  • Listings with price cut (%)

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    Listings with price cut (%)
    The percentage of current listings on Zillow in 38112 whose price has been reduced in the last 30 days.
  • Median price cut (%)

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    Median price cut (%)
    Mid-point of the percentage of price reduction for homes in 38112 whose prices have been reduced in the past full month.
  • Sold for loss (%)

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    Sold for loss (%)
    The percentage of homes in 38112 that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
  • Sold for gain (%)

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    Sold for gain (%)
    The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
  • Homes foreclosed

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    Homes foreclosed
    Number of homes in 38112 that have been foreclosed but not yet resold to a private party. Expressed as a ratio (foreclosed homes per 10,000 total homes). It does not include homes for which the foreclosure process has started but not yet finished.
  • Foreclosure re-sales (%)

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    Foreclosure re-sales (%)
    The percentage of home sales in a given month in 38112 where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
  • Increasing values (%)

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    Increasing values (%)
    The percentage of homes in 38112 whose values have increased in the past year.
  • Decreasing values (%)

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    Decreasing values (%)
    The percentage of all homes in 38112 whose value has fallen in the last year.
  • Sold in past year (%)

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    Sold in past year (%)
    The percentage of all homes in 38112 that were sold in the past 12 months.
  • $49,800
  • -7.8%Y-o-Y
  • Calculated 08/27/2014*
  • *Includes data and transactions through 07/31/2014
 
 
 
 
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This data is not available for 38112.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Jul 2014
74650
-1.0%
-3.9%
-7.8%
49800
74383
74592
-0.2%
0.3%
2.5%
143700
74639
74640
74641
-0.5%
-0.3%
2.1%
210700
74642
-0.4%
0.9%
5.0%
145300
74643
-1.8%
-2.2%
-0.2%
44300
74644
-1.9%
-5.9%
-4.8%
35400
74645
-1.6%
-4.9%
-5.2%
50600
74646
-0.8%
-2.4%
-3.0%
36000
74647
-1.1%
-1.7%
-0.7%
45600
74649
-0.7%
-1.9%
-2.4%
57300
74652
-1.7%
-5.9%
-6.4%
35100
74653
0.8%
3.7%
5.7%
78100
74654
0.1%
2.2%
7.3%
78100
74655
-0.6%
-0.3%
2.8%
142800
74656
-0.9%
0.2%
1.2%
57200
74657
-0.4%
-0.1%
3.6%
155200
74658
-0.1%
2.2%
11.0%
264900
74659
-1.4%
-3.1%
-6.5%
50200
74660
74661
-0.2%
0.5%
2.4%
130400
74662
-0.8%
-1.0%
5.2%
50800
74664
-0.9%
-0.2%
-0.8%
63300
74666
74667
74668
74669
-0.3%
-0.1%
1.6%
117000
74670
-0.4%
0.3%
-0.3%
101900
74672
74677
-0.1%
2.0%
3.1%
86400
74686
74687
74689
74690
74694
74695
74696
74697
74698
74699
74700
74704
74705
 
Mortgage Rates
 
Homes for Sale
  1. 3132 S Lafayette Cir, Memphis, TN Home For Sale
    3132 S Lafayette Cir, Memphis, TN 38111

     For Sale: $149,900

    • Beds: 3
    • Sqft: 1596
    • Baths: 2.0
    • Lot: 9583
  2. 2012 Courtland Pl, Memphis, TN Home For Sale
    2012 Courtland Pl, Memphis, TN 38104

     For Sale: $164,000

    • Beds: 2
    • Sqft: 1800
    • Baths: 2.0
    • Lot: 7405
  3. 229 N Merton St, Memphis, TN Home For Sale
    229 N Merton St, Memphis, TN 38112

     For Sale: $15,000

    • Beds: 2
    • Sqft: 1245
    • Baths: 1.0
    • Lot: 7405
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