Market Intelligence · TN / Memphis
Memphis, TN 38104 Housing Market
The typical home value in Memphis 38104 is $257,941, down 5.8% over the past year. The median list price is $299,225, and homes are taking a median of 69 days on market. That points to a slower, cooling market for sellers.
The median home value in Memphis, TN 38104 is $258K as of June 2026, down 5.8% 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 38104 range
$237K to $279K
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
-5.8% over 12 months
Jun 2025$274K
Low $258KHigh $274K
Jun 2026$258K