48041 Real Estate Market
The median sale price for homes in 48041 over the last 12 months is $115,750.
The median mortgage debt is $133,760.
The price per square foot for listings in this area is $77.
The median sale price in November for single family homes is $61,750. The sale prices dropped by -35.64% from the previous month.
The number of active listings in Memphis dropped by 15.4% from the previous month.
The median number of days active properties have been listed is 86.
The percent of unoccupied properties is very low in Memphis. It is -8.76% below the national average.
The percent of owner occupied properties in Memphis is 20.55% above the national average.
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