Zip Code: 38120 (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 38120 Zip Code in February 2026 was $689,109. The month over month percentage change (MoM) was -0.0308%, and the year over year percentage change (YoY) was 0.079%.

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 38120 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: 38120 - Trend of Average House Listing Price ($)
Zip Code: 38120 Trend of Average House Listing Price
Items per page:
1 – 10 of 116
Month Price ($) MoM Perc. Change (%) YoY Perc. Change (%)
Aug 2016 586503
Sep 2016 619460
Oct 2016 621717
Nov 2016 609263
Dec 2016 672121
Jan 2017 700970
Feb 2017 699717
Mar 2017 660026
Apr 2017 669822
May 2017 656578
Jun 2017 676797
Jul 2017 688438
Aug 2017 653867 -0.0502 0.1149
Sep 2017 668541 0.0224 0.0792
Oct 2017 711759 0.0646 0.1448
Nov 2017 681985 -0.0418 0.1194
Dec 2017 664111 -0.0262 -0.0119
Jan 2018 707972 0.066 0.01
Feb 2018 755111 0.0666 0.0792
Mar 2018 716972 -0.0505 0.0863
Apr 2018 751591 0.0483 0.1221
May 2018 831679 0.1066 0.2667
Jun 2018 791136 -0.0487 0.1689
Jul 2018 767012 -0.0305 0.1141
Aug 2018 740669 -0.0343 0.1328
Sep 2018 730978 -0.0131 0.0934
Oct 2018 686822 -0.0604 -0.035
Nov 2018 697706 0.0158 0.0231
Dec 2018 741363 0.0626 0.1163
Jan 2019 732493 -0.012 0.0346
Feb 2019 698042 -0.047 -0.0756
Mar 2019 820482 0.1754 0.1444
Apr 2019 821960 0.0018 0.0936
May 2019 813142 -0.0107 -0.0223
Jun 2019 794610 -0.0228 0.0044
Jul 2019 772579 -0.0277 0.0073
Aug 2019 813986 0.0536 0.099
Sep 2019 828929 0.0184 0.134
Oct 2019 838942 0.0121 0.2215
Nov 2019 846304 0.0088 0.213
Dec 2019 829449 -0.0199 0.1188
Jan 2020 768192 -0.0739 0.0487
Feb 2020 785693 0.0228 0.1256
Mar 2020 803823 0.0231 -0.0203
Apr 2020 841128 0.0464 0.0233
May 2020 829717 -0.0136 0.0204
Jun 2020 780743 -0.059 -0.0175
Jul 2020 861969 0.104 0.1157
Aug 2020 904888 0.0498 0.1117
Sep 2020 940939 0.0398 0.1351
Oct 2020 952956 0.0128 0.1359
Nov 2020 960576 0.008 0.135
Dec 2020 819347 -0.147 -0.0122
Jan 2021 753023 -0.0809 -0.0197
Feb 2021 733780 -0.0256 -0.0661
Mar 2021 941864 0.2836 0.1717
Apr 2021 932139 -0.0103 0.1082
May 2021 1046755 0.123 0.2616
Jun 2021 977543 -0.0661 0.2521
Jul 2021 1053183 0.0774 0.2218
Aug 2021 1051995 -0.0011 0.1626
Sep 2021 1045437 -0.0062 0.1111
Oct 2021 994095 -0.0491 0.0432
Nov 2021 969328 -0.0249 0.0091
Dec 2021 1060653 0.0942 0.2945
Jan 2022 972182 -0.0834 0.291
Feb 2022 996443 0.025 0.358
Mar 2022 998409 0.002 0.06
Apr 2022 860790 -0.1378 -0.0765
May 2022 1062309 0.2341 0.0149
Jun 2022 962421 -0.094 -0.0155
Jul 2022 751843 -0.2188 -0.2861
Aug 2022 650873 -0.1343 -0.3813
Sep 2022 647361 -0.0054 -0.3808
Oct 2022 636547 -0.0167 -0.3597
Nov 2022 637829 0.002 -0.342
Dec 2022 625782 -0.0189 -0.41
Jan 2023 625140 -0.001 -0.357
Feb 2023 593231 -0.051 -0.4047
Mar 2023 581477 -0.0198 -0.4176
Apr 2023 597102 0.0269 -0.3063
May 2023 634751 0.0631 -0.4025
Jun 2023 656328 0.034 -0.318
Jul 2023 674228 0.0273 -0.1032
Aug 2023 717804 0.0646 0.1028
Sep 2023 725675 0.011 0.121
Oct 2023 684561 -0.0567 0.0754
Nov 2023 649407 -0.0514 0.0182
Dec 2023 603672 -0.0704 -0.0353
Jan 2024 669496 0.109 0.071
Feb 2024 706625 0.0555 0.1911
Mar 2024 652751 -0.0762 0.1226
Apr 2024 657936 0.0079 0.1019
May 2024 675497 0.0267 0.0642
Jun 2024 753183 0.115 0.1476
Jul 2024 723677 -0.0392 0.0733
Aug 2024 670935 -0.0729 -0.0653
Sep 2024 682984 0.018 -0.0588
Oct 2024 661828 -0.031 -0.0332
Nov 2024 655464 -0.0096 0.0093
Dec 2024 622996 -0.0495 0.032
Jan 2025 585359 -0.0604 -0.1257
Feb 2025 583567 -0.0031 -0.1741
Mar 2025 638630 0.0944 -0.0216
Apr 2025 612626 -0.0407 -0.0689
May 2025 715631 0.1681 0.0594
Jun 2025 779982 0.0899 0.0356
Jul 2025 742221 -0.0484 0.0256
Aug 2025 721612 -0.0278 0.0755
Sep 2025 698101 -0.0326 0.0221
Oct 2025 709423 0.0162 0.0719
Nov 2025 709510 0.0001 0.0825
Dec 2025 718188 0.0122 0.1528
Jan 2026 715307 -0.004 0.222
Feb 2026 711002 -0.006 0.2184
Mar 2026 689109 -0.0308 0.079