Market Intelligence · TN / Memphis
Memphis, TN 38103 Housing Market
The typical home value in Memphis, TN 38103 is $322,167, down 5.1% over the past year as of 2026-08-01. The median list price is $339,000, and homes sit a median of 82 days on market before selling.
The median home value in Memphis, TN 38103 is $322K as of August 2026, down 5.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.
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Typical 38103 range
$296K to $348K
This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.
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12-month value trend
-5.1% over 12 months
Aug 2025$339K
Low $322KHigh $339K
Aug 2026$322K