Market Intelligence · TN / Memphis
Memphis, TN 38108 Housing Market
The typical home value in Memphis, TN 38108 is $72,485, down 4.7% over the past year. The median list price is $114,900, and homes are taking a median of 130 days to sell. Both figures suggest buyers here have room to negotiate.
The median home value in Memphis, TN 38108 is $72K as of August 2026, down 4.7% 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 38108 range
$67K to $78K
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
-4.7% over 12 months
Aug 2025$76K
Low $72KHigh $76K
Aug 2026$72K