Market Intelligence · TN / Memphis
Memphis, TN 38111 Housing Market
The typical home value in Memphis, TN 38111 is $134,734, down 1.7% over the past year. The median list price is $204,900, and homes have a median of 68 days on market. There are 212 homes for sale.
The median home value in Memphis, TN 38111 is $135K as of August 2026, down 1.7% 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 38111 range
$124K to $146K
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
-1.7% over 12 months
Aug 2025$137K
Low $135KHigh $138K
Aug 2026$135K