38157, TN Housing Market

The median sale price of a home in 38157 was $450K last month, up 5.9% since last year. The median sale price per square foot in 38157 is $250, up 5.9% since last year.

Trends
Demand
Schools
Climate

38157 Housing Market Trends

What is the housing market like in 38157 today?

In August 2024, 38157 home prices were up 5.9% compared to last year, selling for a median price of $450K.

$450K

Sale Price

+5.9%
since last year

$250

Sale $/Sq. Ft.

+5.9%
since last year

Under List Price

3.2%

Days on Market

197

Down Payment

—

Total Homes Sold

To compare other locations to the 38157 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Tennessee add value to a home.

View houses in 38157 that sold recently

Recently sold homes

SOLD SEP 3, 2024
$620,000
2 beds
2 baths
2,042 sq ft
5204 Lexington Club Cv #404, Memphis, TN 38117
List Price
—
Sale to List
—
Days on Market
—
5204 Lexington Club Cv #404, Memphis, TN 38117
SOLD JUL 2, 2024
$472,500
2 beds
2 baths
2,042 sq ft
597 Lexington Club Ct #301, Memphis, TN 38117
List Price
—
Sale to List
—
Days on Market
—
597 Lexington Club Ct #301, Memphis, TN 38117

Schools in 38157

Learn about schools in the 38157 area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on 38157 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 38157.

Wind Factor - Moderate

100% of properties are at moderate risk of a severe wind event over the next 30 years

Heat Factor - Major

87% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 38157

County Housing Markets

Shelby County Housing Market

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