Zip Code: 38111 (Memphis, TN) - Trend of Average House Listing Price (Realtor)
Updated on March 13, 2026.

According to data from Realtor.com, the average house listing price for the 38111 Zip Code in February 2026 was $245,938. The month over month percentage change (MoM) was -0.0256%, and the year over year percentage change (YoY) was -0.2345%.

You can see similar for other Tennessee Zip Codes, and for Tennessee.

The chart below shows the trend of the average house listing price in the 38111 zip code. The table below shows the trend of the average house listing price, and the MoM and YoY percentage changes.

Data Source: Realtor.
Zip Code: 38111 - Trend of Average House Listing Price ($)
Zip Code: 38111 Trend of Average House Listing Price
Items per page:
1 – 10 of 116
Month Price ($) MoM Perc. Change (%) YoY Perc. Change (%)
Aug 2016 206131
Sep 2016 228335
Oct 2016 246368
Nov 2016 253287
Dec 2016 232789
Jan 2017 210874
Feb 2017 178241
Mar 2017 148442
Apr 2017 154813
May 2017 206233
Jun 2017 218983
Jul 2017 225148
Aug 2017 228243 0.0137 0.1073
Sep 2017 221283 -0.0305 -0.0309
Oct 2017 224770 0.0158 -0.0877
Nov 2017 214661 -0.045 -0.1525
Dec 2017 227323 0.059 -0.0235
Jan 2018 199837 -0.1209 -0.0523
Feb 2018 196626 -0.0161 0.1031
Mar 2018 192208 -0.0225 0.2948
Apr 2018 210294 0.0941 0.3584
May 2018 247811 0.1784 0.2016
Jun 2018 276916 0.1174 0.2646
Jul 2018 291152 0.0514 0.2932
Aug 2018 260706 -0.1046 0.1422
Sep 2018 267030 0.0243 0.2067
Oct 2018 285631 0.0697 0.2708
Nov 2018 263964 -0.0759 0.2297
Dec 2018 229555 -0.1304 0.0098
Jan 2019 200162 -0.128 0.0016
Feb 2019 205067 0.0245 0.0429
Mar 2019 227051 0.1072 0.1813
Apr 2019 242009 0.0659 0.1508
May 2019 255073 0.054 0.0293
Jun 2019 261214 0.0241 -0.0567
Jul 2019 259449 -0.0068 -0.1089
Aug 2019 260487 0.004 -0.0008
Sep 2019 243743 -0.0643 -0.0872
Oct 2019 240538 -0.0131 -0.1579
Nov 2019 249053 0.0354 -0.0565
Dec 2019 278660 0.1189 0.2139
Jan 2020 254145 -0.088 0.2697
Feb 2020 263862 0.0382 0.2867
Mar 2020 283201 0.0733 0.2473
Apr 2020 280293 -0.0103 0.1582
May 2020 293091 0.0457 0.149
Jun 2020 281754 -0.0387 0.0786
Jul 2020 264353 -0.0618 0.0189
Aug 2020 266459 0.008 0.0229
Sep 2020 260180 -0.0236 0.0674
Oct 2020 264423 0.0163 0.0993
Nov 2020 281497 0.0646 0.1303
Dec 2020 280440 -0.0038 0.0064
Jan 2021 245772 -0.1236 -0.0329
Feb 2021 254649 0.0361 -0.0349
Mar 2021 220277 -0.135 -0.2222
Apr 2021 214540 -0.026 -0.2346
May 2021 229314 0.0689 -0.2176
Jun 2021 239084 0.0426 -0.1514
Jul 2021 243568 0.0188 -0.0786
Aug 2021 273897 0.1245 0.0279
Sep 2021 251994 -0.08 -0.0315
Oct 2021 274111 0.0878 0.0366
Nov 2021 300334 0.0957 0.0669
Dec 2021 297934 -0.008 0.0624
Jan 2022 271300 -0.0894 0.1039
Feb 2022 230834 -0.1492 -0.0935
Mar 2022 247842 0.0737 0.1251
Apr 2022 251602 0.0152 0.1728
May 2022 248893 -0.0108 0.0854
Jun 2022 272396 0.0944 0.1393
Jul 2022 298784 0.0969 0.2267
Aug 2022 289171 -0.0322 0.0558
Sep 2022 288988 -0.0006 0.1468
Oct 2022 290084 0.0038 0.0583
Nov 2022 301077 0.0379 0.0025
Dec 2022 293132 -0.0264 -0.0161
Jan 2023 300053 0.0236 0.106
Feb 2023 350318 0.1675 0.5176
Mar 2023 355783 0.0156 0.4355
Apr 2023 322223 -0.0943 0.2807
May 2023 325090 0.0089 0.3061
Jun 2023 336036 0.0337 0.2336
Jul 2023 324521 -0.0343 0.0861
Aug 2023 314038 -0.0323 0.086
Sep 2023 304235 -0.0312 0.0528
Oct 2023 285459 -0.0617 -0.0159
Nov 2023 285282 -0.0006 -0.0525
Dec 2023 296847 0.0405 0.0127
Jan 2024 291984 -0.0164 -0.0269
Feb 2024 284840 -0.0245 -0.1869
Mar 2024 282794 -0.0072 -0.2051
Apr 2024 311145 0.1003 -0.0344
May 2024 353370 0.1357 0.087
Jun 2024 372045 0.0528 0.1072
Jul 2024 358480 -0.0365 0.1046
Aug 2024 366710 0.023 0.1677
Sep 2024 347845 -0.0514 0.1433
Oct 2024 337811 -0.0288 0.1834
Nov 2024 336556 -0.0037 0.1797
Dec 2024 328532 -0.0238 0.1067
Jan 2025 308753 -0.0602 0.0574
Feb 2025 327724 0.0614 0.1506
Mar 2025 321282 -0.0197 0.1361
Apr 2025 308341 -0.0403 -0.009
May 2025 345133 0.1193 -0.0233
Jun 2025 352490 0.0213 -0.0526
Jul 2025 334676 -0.0505 -0.0664
Aug 2025 317784 -0.0505 -0.1334
Sep 2025 302074 -0.0494 -0.1316
Oct 2025 284586 -0.0579 -0.1576
Nov 2025 281569 -0.0106 -0.1634
Dec 2025 274763 -0.0242 -0.1637
Jan 2026 265319 -0.0344 -0.1407
Feb 2026 252412 -0.0486 -0.2298
Mar 2026 245938 -0.0256 -0.2345