Housing market · ZIP 38114
Memphis, TN Home Prices & Forecast
Median value and 12-month outlook · as of April 2026
Median home value
$76,761
3-month-3.5%
6-month-5.2%
12-month-10.8%
Touse 12-month forecast
-9.3%
Projected median near $69,635 over the next 12 months
As of April 2026, the median home value in Memphis, TN (ZIP 38114) is $76,761. Prices are falling, down 10.8% over the past year. Touse's model projects a -9.3% change over the next 12 months, putting the median near $69,635.
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.