38637 Housing Market

$198,893

1.4% 1-yr

The average 38637 home value is $198,893, down 1.4% over the past year.

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

38637 Key Takeaways

Typical Home Values: $198,893

1-year Value Change: -1.4%

(Data through October 31, 2025)

38637 Housing Market Overview

0.5%1-year Market Forecast(October 31, 2025)

74For sale inventory(October 31, 2025)

28New listings(October 31, 2025)

--Median sale to list ratio

$194,278Median sale price(September 30, 2025)

$216,583Median list price(October 31, 2025)

--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)

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
38671$231,970
38651$355,129
38142--
38680$256,413
38672$329,763
38116$156,442
38641$315,969
38131--
38109$94,250

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38637 Homes for Sale

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38637 Rental Market Trends

$1,524Average rent in 38637(October 31, 2025)

$1,949National average rent(October 31, 2025)

1.2%Month-over-month change(October 31, 2025)

6.1%Year-over-year change(October 31, 2025)

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.