Memphis (38122) has an estimated 25,270 residents with 25,270 of those people in approximately 9,791 housing units. The 38122 zipcode contains 3,662 housing units that are owned with a mortgage or a loan, 1,683 housing units that are owned free and clear and 4,446 housing units that are renter occupied.

In 2018 the average percentage drop was 2.07% of original listing price.

47 homes were sold in 2018-11 in Memphis, TN (38122).
This monthly number has grown by 3 from the previous month.

Zip code 38122 is in the Memphis metropolitan area.
The median estimated home value in Memphis, TN (38122) is $60,500 as of 2018-10-31 . Home values here have declined by 2.02%.

In Memphis, TN (38122), values have declined by -0.12 from when they peaked at $68,400 in 2006-Q4

The Zillow Market Health Index for Memphis, TN (38122) is 5.65. The corresponding state value is 6.67. This is lower than the overall Market Health Index of Tennessee.
Metro value is 1.81.
This is significantly higher than the overall Market Health Index of Memphis.

Current Weather in Memphis Created 17 Apr 10:54 am CDT in Memphis, TN
	Slight Chance Sprinkles A slight chance of sprinkles. Mostly cloudy, with a high near 78. South wind around 15 mph.