38134 Home Values & Market Trends

There are 473 homes currently listed for 38134. 38134 real estate market trends show that home prices range from $95,000 to $425,000, and the median sales price in the 38134 zip code is $241,459. The total number of properties sold within the past twelve months is 478. In 38134, 23 properties are in foreclosure, 8 are bank owned properties,and 15 are headed for auction.

38134 Real Estate Market Overview

CityMedian Est. Value
Memphis

$ 157,996

$ 108/sqft

Housing Market Summary for 38134

Oct 2025October 2026Change
Median Listing Price$250K$254.9K1.96%
Median Sold Price$218K$211.9K-2.78%
Homes For Sale31247351.60%
Homes Sold185135-27.03%
Price
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Homes For Sale
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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%.

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Browse Homes in 38134

The median list price of a home in Memphis, is $241,459. A total of 473 properties are for sale, and the percentage of properties for sale in the zip code is 473.00%. The total count of 38134 properties is 653.

Foreclosure
There is 1 cities within 38134; within this cities, the median estimated home value for homes in foreclosure ranges from $1,150,000 in memphis to the lowest value of $16,500 in memphis. Foreclosure homes account for 3.00% of properties in 38134 with memphis containing 494 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 38134 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 38134; 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 Owned
    The median estimated home value of bank owned homes (REO properties) in 38134 ranges from the highest value of $1,150,000 in memphis to the lowest value of $16,500 in memphis. Bank owned homes and properties account for 1.23% of properties in 38134. There is 1 cities within 38134; memphis containing 209 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    memphis has 285 auction properties, the highest number of properties going to auction in a single city in the state of 38134. Auction homes and other auction properties account for 2.30% of all properties in 38134. There is 1 cities within 38134; of that cities, the median estimated home value for homes going to auction ranges from $899,499 in memphis to the lowest value of $24,286 in memphis.
Homes for Sale
Homes and properties that are actively listed for sale account for 72.43% of residential properties in 38134 with memphis containing 9949 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 38134; homes for sale in that cities, have a range of median values from $4,495,000 in memphis to the lowest value of $8,543 in memphis.
    Sold Homes
    The median value for recently sold homes ranges from $1,848,019 in memphis to the lowest price of $11,784 in memphis. There is 1 cities within 38134. memphis has 1903 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 20.52% of properties in 38134.

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      Guide for 38134

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.