Cheap homes for sale & real estate in 38138, TN

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ABOUT THIS HOME
Cheap Home for sale in 38138, TN:
Welcome to 3085 Circle Gate Drive—a beautifully renovated 4-bedroom, 3-bath ranch-style home in Germantown, one of the most desirable communities in the Memphis area! This move-in-ready home features a fully updated kitchen with granite countertops, beautifully renovated bathrooms, and stylish finishes throughout. Major improvements include a new roof, new HVAC system, and new privacy fence, offering added comfort and peace of mind. Enjoy convenient access to Germantown’s highly regarded schools, beautiful parks and greenways, popular restaurants, and premier shopping at Saddle Creek. With its single-level layout, established neighborhood setting, and extensive renovations, this

$375,000

4 beds3 baths— sq ft

3085 Circle Gate Dr, Germantown, TN 38138

New privacy fence • Renovated kitchen • Updated bathrooms

FOR SALE BY OWNER

ABOUT THIS HOME
Cheap Home for sale in 38138, TN:
Charming farmhouse located right in the middle of Germantown. This home has been completely remodeled with features such as solid oak hardwood floors and smooth ceilings throughout. Updates also include stainless steel appliances, granite countertops, updated lighting, beautiful wrought iron details and so much more. There are three bedrooms and two full baths with plenty of storage and closet space in this beautiful home. This home has an assumable loan with an interest rate of 2.62%.

$400,000

3 beds2 baths1,344 sq ft

2280 McVay Rd, Germantown, TN 38138

Remodeled • Granite countertops • Updated lighting

ABOUT THIS HOME
Cheap Home for sale in 38138, TN:
Welcome to Greenleaf and easy Germantown living! This well-located condo offers a comfortable floor plan with wood laminate flooring downstairs, a cozy kitchen with granite countertops and stainless steel appliances, living room with a wood accent wall, and a flexible dining room that could easily double as a home office. A powder room completes the main level. Upstairs you'll find both bedrooms, newer carpet, great closet space, and a convenient stackable washer and dryer that will remain. Enjoy your own private patio plus lovely courtyard views, a neighborhood pool, and a community courtyard with gazebo and pond. The pet-friendly neighborhood even offers doggie stations along your walk. T

$269,900

2 beds1.5 baths— sq ft

2256 W Germantown Sq, Germantown, TN 38138

Wood accent wall • Private patio • Courtyard views

FOR SALE BY OWNER

ABOUT THIS HOME
Cheap Home for sale in 38138, TN:
Welcome to this well-maintained 4-bedroom, 2.5-bath home located in the highly desirable Germantown area. This property presents a fantastic opportunity to own in an established neighborhood at an attractive price point. ? Key Features & amp; Recent Updates: & bull; HVAC system approximately 2 years old & bull; Water heater approximately 2 years old & bull; New windows throughout the home & bull; Expansive 16x30 covered cedar patio & mdash; ideal for outdoor entertaining and relaxing & bull; Spacious and functional 4-bedroom floor plan & bull; Situated in a well-established Germantown neighborhood This home is competitively priced for a timely sale, of

$365,000

4 beds2.5 baths2,453 sq ft

7547 Neshoba Rd, Germantown, TN 38138

Water heater • Hvac system • Covered cedar patio

ABOUT THIS HOME
Cheap Home for sale in 38138, TN:
Welcome home to this spacious 4-bedroom, 3-bath home in Germantown! Enjoy a separate living room and dining room, plus a comfortable family room featuring a vaulted ceiling with beautiful wood beam accents and a cozy fireplace. The eat-in kitchen offers stainless steel appliances, and a separate laundry room adds everyday convenience. Step outside to a private backyard complete with a patio and wood fencing—perfect for relaxing or entertaining.

$430,000

4 beds3 baths— sq ft

1906 Malabar Dr, Germantown, TN 38138

Separate dining room • Vaulted ceiling • Cozy fireplace

Property at 2836 Baytown Cv, Germantown, TN 38138, 4 beds, 2.5 baths

$409,900

4 beds2.5 baths— sq ft

2836 Baytown Cv, Germantown, TN 38138

Property at 1539 Riverdale Rd, Germantown, TN 38138, 4 beds, 3 baths

$425,000

4 beds3 baths— sq ft

1539 Riverdale Rd, Germantown, TN 38138

Property at 7945 Farmington Blvd, Germantown, TN 38138, 4 beds, 3 baths

$425,000

4 beds3 baths— sq ft

7945 Farmington Blvd, Germantown, TN 38138

Property at 8038 Circleshade Dr, Germantown, TN 38138, 4 beds, 3 baths

$389,000

4 beds3 baths— sq ft

8038 Circleshade Dr, Germantown, TN 38138

Property at 6586 S Poplar Woods Cir S #2, Germantown, TN 38138, 2 beds, 2 baths

$129,000

2 beds2 baths— sq ft

6586 S Poplar Woods Cir S #2, Germantown, TN 38138

Property at 8152 Pine Crk W, Germantown, TN 38138, 4 beds, 2.5 baths

$439,000

4 beds2.5 baths— sq ft

8152 Pine Crk W, Germantown, TN 38138

Property at 7075 Poplar Pike, Germantown, TN 38138, 2 beds, 1.5 baths

$269,000

2 beds1.5 baths— sq ft

7075 Poplar Pike, Germantown, TN 38138

Property at 1791 Old Mill Rd, Germantown, TN 38138, 4 beds, 2.5 baths

$414,777

4 beds2.5 baths— sq ft

1791 Old Mill Rd, Germantown, TN 38138

Property at 1528 Holly Hill Dr, Germantown, TN 38138, 4 beds, 2 baths

$389,500

4 beds2 baths— sq ft

1528 Holly Hill Dr, Germantown, TN 38138

Property at 7488 Germantown Sq, Germantown, TN 38138, 2 beds, 2.5 baths

$264,900

2 beds2.5 baths— sq ft

7488 Germantown Sq, Germantown, TN 38138

Property at 7982 Dovie Ln, Germantown, TN 38138, 3 beds, 2.5 baths

$445,000

3 beds2.5 baths— sq ft

7982 Dovie Ln, Germantown, TN 38138

Property at 7010 Country Rd #25, Germantown, TN 38138, 2 beds, 2 baths

$269,900

2 beds2 baths— sq ft

7010 Country Rd #25, Germantown, TN 38138

Property at 1737 Kimbrough Rd, Germantown, TN 38138, 3 beds, 2.5 baths

$389,900

3 beds2.5 baths— sq ft

1737 Kimbrough Rd, Germantown, TN 38138

Property at 1487 Poplar Estates Pkwy, Germantown, TN 38138, 5 beds, 3 baths

$449,000

5 beds3 baths— sq ft

1487 Poplar Estates Pkwy, Germantown, TN 38138

Property at 2218 Riverdale Rd, Germantown, TN 38138, 4 beds, 2.5 baths

$450,000

4 beds2.5 baths— sq ft

2218 Riverdale Rd, Germantown, TN 38138

Property at 6943 Fords Station Rd #64, Germantown, TN 38138, 3 beds, 2.5 baths

$289,900

3 beds2.5 baths— sq ft

6943 Fords Station Rd #64, Germantown, TN 38138

Property at 2240 W Germantown Sq, Germantown, TN 38138, 2 beds, 1.5 baths

$229,400

2 beds1.5 baths— sq ft

2240 W Germantown Sq, Germantown, TN 38138

Property at 1858 Kimbrough Rd, Germantown, TN 38138, 3 beds, 2.5 baths

$350,000

3 beds2.5 baths— sq ft

1858 Kimbrough Rd, Germantown, TN 38138

Property at 7118 Mcvay Rd, Germantown, TN 38138, 5 beds, 3 baths

$389,900

5 beds3 baths— sq ft

7118 Mcvay Rd, Germantown, TN 38138

Property at 2193 Woodruff Dr, Germantown, TN 38138, 5 beds, 3.5 baths

$369,900

5 beds3.5 baths— sq ft

2193 Woodruff Dr, Germantown, TN 38138

Property at 2275 Mcvay Rd #2275, Germantown, TN 38138, 3 beds, 3 baths

$359,900

3 beds3 baths— sq ft

2275 Mcvay Rd #2275, Germantown, TN 38138

Property at 6960 Country Rd #50, Germantown, TN 38138, 3 beds, 2.5 baths

$259,000

3 beds2.5 baths— sq ft

6960 Country Rd #50, Germantown, TN 38138

Property at 2887 Mikeyair Dr, Germantown, TN 38138, 4 beds, 2.5 baths

$425,500

4 beds2.5 baths— sq ft

2887 Mikeyair Dr, Germantown, TN 38138

Property at 1940 Rhineland Dr, Germantown, TN 38138, 2 beds, 1.5 baths

$275,000

2 beds1.5 baths— sq ft

1940 Rhineland Dr, Germantown, TN 38138

Property at 6571 Poplar Woods Cir S #5, Germantown, TN 38138, 3 beds, 2.5 baths

$155,000

3 beds2.5 baths— sq ft

6571 Poplar Woods Cir S #5, Germantown, TN 38138

Property at 2148 Riverdale Rd, Germantown, TN 38138, 4 beds, 2 baths

$369,000

4 beds2 baths— sq ft

2148 Riverdale Rd, Germantown, TN 38138

Property at 8145 Hunters Grove Ln, Germantown, TN 38138, 3 beds, 2.5 baths

$359,800

3 beds2.5 baths— sq ft

8145 Hunters Grove Ln, Germantown, TN 38138

Property at 2149 Rolling Valley Dr, Germantown, TN 38138, 4 beds, 2 baths

$408,900

4 beds2 baths— sq ft

2149 Rolling Valley Dr, Germantown, TN 38138

Property at 7024 Country Rd #7, Germantown, TN 38138, 3 beds, 2.5 baths

$274,900

3 beds2.5 baths— sq ft

7024 Country Rd #7, Germantown, TN 38138

Property at 2531 Mimosa Tree Dr, Germantown, TN 38138, 4 beds, 2 baths

$360,000

4 beds2 baths— sq ft

2531 Mimosa Tree Dr, Germantown, TN 38138

Property at 1843 Eagle Branch Cv #50, Germantown, TN 38138, 2 beds, 2 baths

$230,000

2 beds2 baths— sq ft

1843 Eagle Branch Cv #50, Germantown, TN 38138

Property at 1747 Crooked Creek Ln #73, Germantown, TN 38138, 2 beds, 2.5 baths

$279,500

2 beds2.5 baths— sq ft

1747 Crooked Creek Ln #73, Germantown, TN 38138

Property at 7545 Wheatley Dr, Germantown, TN 38138, 4 beds, 3.5 baths

$439,900

4 beds3.5 baths— sq ft

7545 Wheatley Dr, Germantown, TN 38138

Property at 1987 Sonning Dr, Germantown, TN 38138, 4 beds, 2 baths

$369,900

4 beds2 baths— sq ft

1987 Sonning Dr, Germantown, TN 38138

Property at 7273 Stamford Rd, Germantown, TN 38138, 4 beds, 2.5 baths

$449,900

4 beds2.5 baths— sq ft

7273 Stamford Rd, Germantown, TN 38138

Property at 1822 Dragonfly Cv #79, Germantown, TN 38138, 2 beds, 2.5 baths

$225,000

2 beds2.5 baths— sq ft

1822 Dragonfly Cv #79, Germantown, TN 38138

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Cheap Homes for Sale in 38138

There are currently 66 cheap homes for sale in 38138 at a median listing price of $460K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 38138 stay on the market for 46 days. This map is refreshed with the newest listings in 38138 every 15 minutes.

In the past month, 49 homes have been sold in 38138. In addition to houses in 38138, there were also 36 condos, 3 townhouses, and 0 multi-family units for sale in 38138 last month. 38138 is a not walkable zip code in Tennessee with a Walk Score of 22. 38138 is home to approximately 23,525 people and 11,879 jobs. Find your dream home in 38138 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 38138 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38138. If you're looking to sell your home in the 38138 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38138 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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Based on information submitted to the MLS GRID as of Fri Sep 11 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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