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market report · 38108
Memphis, TN · 38108
28 active listings$96,450 median ask$1,338 est. rent1.4% price/rent
$96,450
Median list price
$1,338/mo
Estimated rent
1.4%
Price / rent ratio
28
Listings
FHFA home price index · 2010–2025
198.3% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.07
Median rent / sqft
26 comps
$91.08
Median sold / sqft
26 comps
—
Walkability
4.3%
Area unemployment
BLS LAUS
Median household income $36,257 · median home value $71,200 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 94).
16 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
2483 Winnona Ave, Memphis, TN 38108
Memphis, TN
$28,000$1,512/mo5.4%
2356 Dexter Ave, Memphis, TN 38108
Memphis, TN
$30,000$1,552/mo5.2%
2396 Hubbard Ave, Memphis, TN 38108
Memphis, TN
$29,000$1,345/mo4.6%
1484 Maplewood St, Memphis, TN 38108
Memphis, TN
$25,000$1,065/mo4.3%
2282 Eldridge Ave, Memphis, TN 38108
Memphis, TN
$39,900$1,219/mo3.1%
2180 Hunter Ave, Memphis, TN 38108
Memphis, TN
$65,000$1,331/mo2%