Market Intelligence · TN / Memphis
Memphis, TN 38106 Housing Market
The typical home value in Memphis, TN 38106 is $58,308, down 6.8% over the past year. The median list price is $89,000, and homes spend a median of 71 days on the market. As of 2026-08-01, there are 122 homes for sale in the ZIP.
The median home value in Memphis, TN 38106 is $58K as of August 2026, down 6.8% 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 38106 range
$54K to $63K
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
-6.8% over 12 months
Aug 2025$63K
Low $58KHigh $63K
Aug 2026$58K