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Market Report for 38002

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How's the Market?

Showing market report for 38002

Market reports are generalized for the area. For detailed statistics or a custom analysis consult with your real estate associate or contact us.

Active Listing Statistics

In 38002, the average list price of a single-family home is $307,720. The average price per square foot is $113. There are currently 48 homes for sale with 54 new listings added in the last month.

Active Units by Property Type

ACTIVE UNITS BY PRICE RANGE

Comparing Month to Month

*** Recent Month Last Year % Change
New Listings 54 63 -14.29%
Avg. List Price $347,779 $317,776 9.44%
Avg. Price Sq/Ft $118 $110 7.27%
Avg. Days on Market 80 139 -42.45%

Recent Month of 09/01/19 - 09/30/19 to Last Year 09/01/18 - 09/30/18

Comparing Year to Year

*** Recent Month Last Year % Change
New Listings 840 874 -3.89%
Avg. List Price $307,720 $295,560 4.11%
Avg. Price Sq/Ft $113 $106 6.6%
Avg. Days on Market 64 95 -32.63%

Recent Year of 10/01/18 - 09/30/19 to Last Year 10/01/17 - 09/30/18

Average Single Family Home Price by Bedrooms

# Bedrooms List Price Per Sq. Ft.
5+ $451,508 $120
4 $376,619 $119
3 $275,194 $130
2 $325,000 $171

Recent Month of 09/01/19 - 09/30/19 to Last Year 09/01/18 - 09/30/18

Explore More Areas

Most popular top 5 zip codes for the Greater Metro Area near Memphis

Active Listings

Based on total # of homes for sale

#
City, State, Zip
Explore Area
247
Olive Branch, MS, 38654
188
Collierville, TN, 38017
143
Memphis, TN, 38127
126
Hernando, MS, 38632
118
Arlington, TN, 38002
Sold Listings

Based on total # homes sold

#
City, State, Zip
Explore Area
1,350
Olive Branch, MS, 38654
983
Collierville, TN, 38017
861
Cordova, TN, 38016
856
Arlington, TN, 38002
775
Cordova, TN, 38018
Price

Based on highest avg. home price

Price
City, State, Zip
Explore Area
$1,055,950
Williston, TN, 38076
$1,016,486
Eads, TN, 38028
$879,948
Memphis, TN, 38120
$724,399
Germantown, TN, 38139
$688,257
Memphis, TN, 38103

Sold Listing Statistics

In 38002 the average sales price of a single–family home is $295,895. This is a change of 9.29% from the previous year. The average price per square foot is $112. There were 443 homes sold in the last year. This is an increase of 3.02 % from the previous year.

Sold Listing Statistics

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Market reports on our site are generalized. For detailed statistics or a custom analysis consult with your real estate agent, send a request online or call Crye-Leike at 866-310-3102.