38107 Real Estate Market
The median sale price for homes in 38107 over the last 12 months is $65,898.
The median mortgage debt is $58,462.
The price per square foot for listings in this area is $75.
The median sale price in December for single family homes was $54,300. The sale prices dropped by -12.41% from the previous month.
The price per square foot for sales in this area is $38.
The number of active listings in Memphis increased by 24.2% from the previous month.
The median number of days active properties have been listed is 54. This is significantly shorter than the national average.
The number of sales in December dropped by 7.7% from the previous month.
The percent of owner occupied properties in Memphis is 24.21% below the national average.
The percent of rental properties in Memphis is 22.63% above the national average which is typical for urban areas.
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Memphis, TN Real Estate
