38105 Home Values & Market Trends
There are 7 homes currently listed for 38105. 38105 real estate market trends show that home prices range from $124,500 to $689,900, and the median sales price in the 38105 zip code is $147,545.75. The total number of properties sold within the past twelve months is 26. In 38105, 1 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.
38105 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Memphis | $ 182,000 $ 125/sqft |
Housing Market Summary for 38105
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $267.5K | $157.3K | -41.20% |
| Median Sold Price | $123K | $157.3K | 27.83% |
| Homes For Sale | 6 | 8 | 33.33% |
| Homes Sold | 15 | 14 | -6.67% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 38105
Browse Homes in 38105
The median list price of a home in Memphis, is $147,545.75. A total of 7 properties are for sale, and the percentage of properties for sale in the zip code is 7.00%. The total count of 38105 properties is 732.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 38105 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 38105; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 38105 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 38105. There is 1 cities within 38105; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmemphis has 178 auction properties, the highest number of properties going to auction in a single city in the state of 38105. Auction homes and other auction properties account for 0.14% of all properties in 38105. There is 1 cities within 38105; of that cities, the median estimated home value for homes going to auction ranges from $1,059,312 in memphis to the lowest value of $36,479 in memphis.
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More Real Estate Resources for 38105
Guide for 38105
The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.
The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
Tennessee Foreclosure Laws