38115 Housing Market

$166,446

0.2% 1-yr

The average 38115 home value is $166,446, up 0.2% over the past year. (Updated on 7/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

38115 Key Takeaways

Typical Home Values: $166,446

1-Year Value Change: +0.2%

(Data through July 31, 2026)

38115 Housing Market Overview

1-Year Market Forecast: 0.4% (July 31, 2026)

For Sale Inventory: 69 (July 31, 2026)

New Listings: 14 (July 31, 2026)

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: $121,100 (July 31, 2026)

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: --

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
38119$294,535
38141$192,027
38118$124,413
38138$440,153
38195--
38137--
38125$279,758
38120$428,170
38117$269,354

Move forward with a local partner

Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.

Talk to a local agent

Get pre-qualified for a loan

At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.

Start Now

An equal housing lender. NMLS #10287.

38115 Rental Market Trends

Average Rent: $1,057 (July 31, 2026)

National Average Rent: $1,962 (July 31, 2026)

Month-Over-Month Change: 0.5% (July 31, 2026)

Year-Over-Year Change: -0.6% (July 31, 2026)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.