38107 Home Values & Market Trends
There are 390 homes currently listed for 38107. 38107 real estate market trends show that home prices range from $12,000 to $450,000, and the median sales price in the 38107 zip code is $152,176. The total number of properties sold within the past twelve months is 269. In 38107, 22 properties are in foreclosure, 9 are bank owned properties,and 13 are headed for auction.
38107 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Memphis | $ 158,125 $ 108/sqft |
Housing Market Summary for 38107
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $189.9K | $189.5K | -0.21% |
| Median Sold Price | $82,648 | $81,307 | -1.62% |
| Homes For Sale | 292 | 384 | 31.51% |
| Homes Sold | 101 | 54 | -46.53% |
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 38107
Browse Homes in 38107
The median list price of a home in Memphis, is $152,176. A total of 390 properties are for sale, and the percentage of properties for sale in the zip code is 390.00%. The total count of 38107 properties is 487.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 38107 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 38107; 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 38107 ranges from the highest value of $1,150,000 in memphis to the lowest value of $18,113 in memphis. Bank owned homes and properties account for 1.85% of properties in 38107. There is 1 cities within 38107; memphis containing 201 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmemphis has 274 auction properties, the highest number of properties going to auction in a single city in the state of 38107. Auction homes and other auction properties account for 2.67% of all properties in 38107. There is 1 cities within 38107; of that cities, the median estimated home value for homes going to auction ranges from $922,002 in memphis to the lowest value of $21,319 in memphis.
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Guide for 38107
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.
