Loading...
market report · 38120
Memphis, TN · 38120
31 active listings$400,000 median ask$2,842 est. rent0.7% price/rent
$400,000
Median list price
$2,842/mo
Estimated rent
0.7%
Price / rent ratio
31
Listings
FHFA home price index · 2016–2025
52.3% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.07
Median rent / sqft
30 comps
$157.49
Median sold / sqft
30 comps
—
Walkability
4.3%
Area unemployment
BLS LAUS
Median household income $123,538 · median home value $460,700 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 96).
5 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
6692 Whispering Oak Pl, Memphis, TN 38120
Memphis, TN
$110,000$1,479/mo1.3%
6729 Quail Hollow Ct, Memphis, TN 38120
Memphis, TN
$124,900$1,626/mo1.3%
867 S Yates Rd, Memphis, TN 38120
Memphis, TN
$199,500$2,233/mo1.1%
871 S Yates Rd, Memphis, TN 38120
Memphis, TN
$240,000$2,224/mo0.9%
5534 Walnut Grove Rd, Memphis, TN 38120
Memphis, TN
$369,900$3,143/mo0.8%
786 Eventide Dr, Memphis, TN 38120
Memphis, TN
$307,500$2,559/mo0.8%