Unshakable ZIP Data 38125 | Shelby County, TN Housing Market
Shelby County · Memphis, TN-MS-AR metro · Tennessee · Data updated June 19, 2026
The median sale price in ZIP 38125, Shelby County, Tennessee is $279,917 at $138 per square foot. 48 single-family homes sold in the latest period, down 38.0 percent from a year earlier. Homes sit a median of 41 days on market with 3.1 months of supply. Sellers are getting 97.1 percent of list price and 10.6 percent of homes sold above asking.
Balanced market.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $277,648 | |
| Average price per sq ft | $137 | |
| Median sale price | $279,917 | |
| Median sale price per sq ft | $138 | |
| Median home size | 2,027 sq ft | |
| Median new listing price | $307,273 | +3.8% |
| National size rank | 1,473 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 48 | -38.0% |
| Median days on market | 41 days | |
| Months of supply | 3.1 months | |
| New listings | 74 | -18.6% |
| Active listings | 110 | -24.9% |
| Pending sales | 60 | -40.8% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 97.1% | +0.2 pts |
| Share sold above list | 10.6% | -8.6 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$162,930
3-bedroom
$253,472
4-bedroom
$313,900
5-bedroom
$377,571
These figures describe the single-family market for Shelby County, Tennessee ZIP 38125. They are market context, not a substitute for sold comps or a formal appraisal.