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Market Report for 38120

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How's the Market?

Showing market report for 38120

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 38120, the average list price of a single-family home is $506,790. The average price per square foot is $149. There are currently 17 homes for sale with 12 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 12 18 -33.33%
Avg. List Price $627,900 $671,915 -6.55%
Avg. Price Sq/Ft $161 $143 12.59%
Avg. Days on Market 84 157 -46.5%

Recent Month of 01/01/21 - 01/31/21 to Last Year 01/01/20 - 01/31/20

Comparing Year to Year

*** Recent Month Last Year % Change
New Listings 244 233 4.72%
Avg. List Price $506,790 $515,038 -1.6%
Avg. Price Sq/Ft $149 $139 7.19%
Avg. Days on Market 62 93 -33.33%

Recent Year of 02/13/20 - 02/12/21 to Last Year 02/13/19 - 02/12/20

Average Single Family Home Price by Bedrooms

# Bedrooms List Price Per Sq. Ft.
5+ $1,497,000 $162
4 $924,143 $168
3 $360,000 $171

Recent Month of 01/01/21 - 01/31/21 to Last Year 01/01/20 - 01/31/20

Explore More Areas

Most popular top 5 zip codes nearby

Active Listings

Based on total # of homes for sale

#
City, State, Zip
Explore Area
57
Memphis, TN, 38127
55
Memphis, TN, 38111
54
Memphis, TN, 38109
53
Olive Branch, MS, 38654
53
Collierville, TN, 38017
Sold Listings

Based on total # homes sold

#
City, State, Zip
Explore Area
1,338
Olive Branch, MS, 38654
1,159
Collierville, TN, 38017
869
Arlington, TN, 38002
827
Cordova, TN, 38016
722
Cordova, TN, 38018
Price

Based on highest avg. home price

Price
City, State, Zip
Explore Area
$1,277,175
Eads, TN, 38028
$1,200,000
Red Banks, MS, 38661
$1,193,059
Memphis, TN, 38120
$1,034,500
Williston, TN, 38076
$1,015,989
Germantown, TN, 38139

Sold Listing Statistics

In 38120 the average sales price of a single–family home is $477,482. This is a change of 2.04% from the previous year. The average price per square foot is $144. There were 274 homes sold in the last year. This is an increase of 29.25 % 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.