Memphis (38128) in Tennessee Real Estate, Demographics, Mortgage and Jobs

USA	Tennessee	Memphis

Memphis, TN 38128

Memphis (38128) has an estimated 44,863 residents with 44,559 of those people in approximately 15,904 housing units. The 38128 zipcode contains 6,525 housing units that are owned with a mortgage or a loan, 1,610 housing units that are owned free and clear and 7,769 housing units that are renter occupied.

In Memphis (38128) the median listing price of $69,500 has inreased by $4,400 since 2018-10.

In 2018 the average percentage drop was 5.42% of original listing price.

63 homes were sold in 2018-11 in Memphis, TN (38128).
This monthly number has dropped by 16 from the previous month.

Zip code 38128 is in the Memphis metropolitan area.
The median estimated home value in Memphis, TN (38128) is $83,000 as of 2018-10-31

In Memphis, TN (38128), values have dropped by -0.06 from when they peaked at $87,900 in 2007-Q3

The Zillow Market Health Index for Memphis, TN (38128) is 1.27. The corresponding state value is 6.67. This is significantly lower than the overall Market Health Index of Tennessee.
Metro value is 1.81.
This is lower 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.

Demographics of Memphis zipcode 38128
The median age here is 29.40. This age is 77.4% the national median age.
This population is younger than the national average.
The number of male residents is 20,680 with a median age of 26.60 years. The number of female residents is 24,183 with a median age of 31.70 years. This yields a ♂ to ♀ ratio of 0.86
The average household is 2.80 persons and has an income of $36,672.
The average family size in Memphis is 3.39.
Area Code: 901
Time zone: Central USA
Region: South - East South Central
Has Daylight Saving: Yes
Businesses: 473
Employment: 7,620
Medicare Area: Memphis, TN-MS-AR
County: SHELBY

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