48041 Home Values & Market Trends
There are 50 homes currently listed for 48041. 48041 real estate market trends show that home prices range from $75,000 to $735,000, and the median sales price in the 48041 zip code is $313,418. The total number of properties sold within the past twelve months is 64. In 48041, 1 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.
48041 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Memphis | $ 216,625 $ 176/sqft |
Housing Market Summary for 48041
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $350K | $379K | 8.29% |
| Median Sold Price | $367.4K | $227.3K | -38.13% |
| Homes For Sale | 44 | 49 | 11.36% |
| Homes Sold | 35 | 35 | - |
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 48041
Browse Homes in 48041
The median list price of a home in Memphis, is $313,418. A total of 50 properties are for sale, and the percentage of properties for sale in the zip code is 50.00%. The total count of 48041 properties is 87.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 48041 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 48041; 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 48041 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 48041. There is 1 cities within 48041; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmemphis has 0 auction properties, the highest number of properties going to auction in a single city in the state of 48041. Auction homes and other auction properties account for 1.15% of all properties in 48041. There is 1 cities within 48041; of that cities, the median estimated home value for homes going to auction ranges from $0 in memphis to the lowest value of $0 in memphis.
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Guide for 48041
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.