Market Intelligence · TN / Memphis
Memphis, TN 38109 Housing Market
The typical home value in Memphis, TN 38109 is $92,137, down 7.4% over the past year as of 2026-08-01. The median list price is $100,500, and homes are spending a median of 76 days on the market. That points to a slower, softer market for sellers.
The median home value in Memphis, TN 38109 is $92K as of August 2026, down 7.4% 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 38109 range
$85K to $100K
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
-7.4% over 12 months
Aug 2025$99K
Low $92KHigh $99K
Aug 2026$92K