38635 Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median price of homes currently listed in 38635 is $125,000.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 38635 is 5.1%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 38635 homeowners underwater on their mortgage is 12.7%, which is lower than Memphis Metro at 24.1%.

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Relative ZHVI
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38635 Market Overview

Data through Jul 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $125,000 Median listing price
  • No data Median sale price
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38635 Market Health

Data through Jul 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 12.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

8.7 homes Memphis Metro
4.4 homes United States
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
38017 $263,200 38066 $154,800 38076 $137,200
38057 $113,400    

Listings & Sales

Data through Jul 31, 2014
  • $60 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 24.6% Listings with price cut
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38635 Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$925 38635
$1,048 Memphis Metro
$1,318 United States
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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