Housing market · ZIP 38126
Memphis, TN Home Prices & Forecast
Median value and 12-month outlook · as of April 2026
Median home value
$77,020
3-month-3.8%
6-month+0.6%
12-month-3.3%
Touse 12-month forecast
-7.6%
Projected median near $71,135 over the next 12 months
As of April 2026, the median home value in Memphis, TN (ZIP 38126) is $77,020. Prices are falling, down 3.3% over the past year. Touse's model projects a -7.6% change over the next 12 months, putting the median near $71,135.
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.