Housing market · ZIP 38105
Memphis, TN Home Prices & Forecast
Median value and 12-month outlook · as of April 2026
Median home value
$114,493
3-month-1.2%
6-month-1.3%
12-month-8.5%
Touse 12-month forecast
-11.0%
Projected median near $101,844 over the next 12 months
As of April 2026, the median home value in Memphis, TN (ZIP 38105) is $114,493. Prices are falling, down 8.5% over the past year. Touse's model projects a -11.0% change over the next 12 months, putting the median near $101,844.
Nearby areas in Shelby
Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.