Market Intelligence · TN / Memphis
Memphis, TN 38117 Housing Market
The typical home value in Memphis, TN 38117 is $268,148, down 1.2% over the past year. The median list price sits at $279,900, and homes are spending a median of 71 days on market. Sellers should expect a measured pace rather than a quick sale.
The median home value in Memphis, TN 38117 is $268K as of August 2026, down 1.2% 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 38117 range
$247K to $290K
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
-1.2% over 12 months
Aug 2025$271K
Low $268KHigh $271K
Aug 2026$268K