The Unshakable Investor

Unshakable ZIP Data 38105 | Memphis, TN Housing Market

Memphis · Shelby County · Memphis, TN-MS-AR metro · Tennessee · Data updated June 19, 2026

The median sale price in ZIP 38105, Memphis, Tennessee is $180,946 at $136 per square foot. 7 single-family homes sold in the latest period, up 3.0 percent from a year earlier. Homes sit a median of 46 days on market with 5.5 months of supply. Sellers are getting 96.7 percent of list price and 0.0 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$109,055
Average price per sq ft$82
Median sale price$180,946
Median sale price per sq ft$136
Median home size1,327 sq ft
Median new listing price$183,333-12.3%
National size rank12,252

Sales activity

MetricValueYear over year
Homes sold7+3.0%
Median days on market46 days
Months of supply5.5 months
New listings10-40.3%
Active listings19-43.4%
Pending sales2-74.7%

Pricing power

MetricValueYear over year
Average sale-to-list ratio96.7%+7.4 pts
Share sold above list0.0%0.0 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$112,030
3-bedroom
$106,559

These figures describe the single-family market for Memphis, Tennessee ZIP 38105. They are market context, not a substitute for sold comps or a formal appraisal.