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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 $572,464. The average price per square foot is $141. There are currently 60 homes for sale with 19 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 19 26 -26.92%
Avg. List Price $820,730 $532,857 54.02%
Avg. Price Sq/Ft $157 $130 20.77%
Avg. Days on Market 96 138 -30.43%

Recent Month of 08/01/19 - 08/31/19 to Last Year 08/01/18 - 08/31/18

Comparing Year to Year

*** Recent Month Last Year % Change
New Listings 231 252 -8.33%
Avg. List Price $572,464 $472,963 21.04%
Avg. Price Sq/Ft $141 $129 9.3%
Avg. Days on Market 73 100 -27%

Recent Year of 09/03/18 - 09/02/19 to Last Year 09/03/17 - 09/02/18

Average Single Family Home Price by Bedrooms

# Bedrooms List Price Per Sq. Ft.
5+ $1,252,513 $170
4 $695,878 $157
3 $369,780 $141

Recent Month of 08/01/19 - 08/31/19 to Last Year 08/01/18 - 08/31/18

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
264
Olive Branch, MS, 38654
197
Collierville, TN, 38017
138
Memphis, TN, 38127
135
Memphis, TN, 38109
134
Hernando, MS, 38632
Sold Listings

Based on total # homes sold

#
City, State, Zip
Explore Area
1,373
Olive Branch, MS, 38654
969
Collierville, TN, 38017
888
Cordova, TN, 38016
855
Arlington, TN, 38002
755
Cordova, TN, 38018
Price

Based on highest avg. home price

Price
City, State, Zip
Explore Area
$1,266,300
Williston, TN, 38076
$960,353
Eads, TN, 38028
$888,563
Memphis, TN, 38120
$765,807
Memphis, TN, 38103
$694,251
Germantown, TN, 38139

Sold Listing Statistics

In 38120 the average sales price of a single–family home is $451,176. This is a change of 5.21% from the previous year. The average price per square foot is $131. There were 217 homes sold in the last year. This is an increase of 12.15 % 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.