Market Intelligence · TN / Memphis
Memphis, TN 38104 Housing Market
The typical home value in Memphis, TN 38104 is $254,236, down 5.4% over the past year as of 2026-08-01. The median list price is $295,000, and homes are taking a median of 86 days on market. Sellers should expect a slower pace than a fast-moving market.
The median home value in Memphis, TN 38104 is $254K as of August 2026, down 5.4% 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
$234K to $275K
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
-5.4% over 12 months
Aug 2025$269K
Low $254KHigh $269K
Aug 2026$254K