38141 Home Values & Market Trends
There are 279 homes currently listed for 38141. 38141 real estate market trends show that home prices range from $20,000 to $390,000, and the median sales price in the 38141 zip code is $186,349. The total number of properties sold within the past twelve months is 257. In 38141, 19 properties are in foreclosure, 1 are bank owned properties,and 18 are headed for auction.
38141 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Memphis | $ 159,140 $ 109/sqft |
Housing Market Summary for 38141
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $219.9K | $198.5K | -9.73% |
| Median Sold Price | $195.7K | $169.7K | -13.31% |
| Homes For Sale | 176 | 273 | 55.11% |
| Homes Sold | 68 | 49 | -27.94% |
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 38141
Browse Homes in 38141
The median list price of a home in Memphis, is $186,349. A total of 279 properties are for sale, and the percentage of properties for sale in the zip code is 279.00%. The total count of 38141 properties is 366.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 38141 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 38141; 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 38141 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 0.27% of properties in 38141. There is 1 cities within 38141; memphis containing 184 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmemphis has 293 auction properties, the highest number of properties going to auction in a single city in the state of 38141. Auction homes and other auction properties account for 4.92% of all properties in 38141. There is 1 cities within 38141; 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 38141
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.
