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market report · 38135
Memphis, TN · 38135
53 active listings$329,000 median ask$2,174 est. rent0.7% price/rent
$329,000
Median list price
$2,174/mo
Estimated rent
0.7%
Price / rent ratio
53
Listings
FHFA home price index · 2016–2025
87.2% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.15
Median rent / sqft
52 comps
$156.01
Median sold / sqft
52 comps
—
Walkability
4.3%
Area unemployment
BLS LAUS
Median household income $97,282 · median home value $287,000 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 71).
8 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
3779 Wyndance Cv, Memphis, TN 38135
Memphis, TN
$49,900$1,556/mo3.1%
5151 Downs Dr, Memphis, TN 38135
Memphis, TN
$162,900$1,989/mo1.2%
5648 Rensslaer Dr, Memphis, TN 38135
Memphis, TN
$209,900$2,068/mo1%
5361 Timberdale Ave, Memphis, TN 38135
Memphis, TN
$218,000$2,077/mo1%
6631 Morningsgate Cv, Bartlett, TN 38135
Bartlett, TN
$190,000$1,726/mo0.9%
5845 Pepper Crossing St, Memphis, TN 38135
Memphis, TN
$219,900$1,986/mo0.9%