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market report · 38117
Memphis, TN · 38117
66 active listings$299,950 median ask$1,942 est. rent0.6% price/rent
$299,950
Median list price
$1,942/mo
Estimated rent
0.6%
Price / rent ratio
66
Listings
FHFA home price index · 2016–2025
60.7% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.12
Median rent / sqft
66 comps
$172.60
Median sold / sqft
66 comps
—
Walkability
4.3%
Area unemployment
BLS LAUS
Median household income $85,633 · median home value $311,800 · ACS 2024.
Natural-hazard risk Very High (FEMA NRI score 98).
16 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
1743 S Perkins Rd, Memphis, TN 38117
Memphis, TN
$152,000$1,737/mo1.1%
4956 Helene Rd, Memphis, TN 38117
Memphis, TN
$144,901$1,498/mo1%
964 Rustling Oaks Cir, Memphis, TN 38117
Memphis, TN
$210,000$2,037/mo1%
1891 S Dearing Rd, Memphis, TN 38117
Memphis, TN
$179,000$1,724/mo1%
4491 Dunn Rd, Memphis, TN 38117
Memphis, TN
$195,000$1,846/mo0.9%
1548 S Perkins Rd, Memphis, TN 38117
Memphis, TN
$164,900$1,507/mo0.9%