Zip Code: 38120 (Memphis, TN) - Trend of Median House Listing Price Per Square Feet (Realtor)
Updated on March 13, 2026.

According to data from Realtor.com, the median house listing price per square feet for the 38120 Zip Code in February 2026 was $171. The month over month percentage change (MoM) was 0.0125%, and the year over year percentage change (YoY) was 0.0514%.

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

The chart below shows the trend of the median house listing price per square feet in the 38120 zip code. The table below shows the trend of the median house listing price per square feet, and the MoM and YoY percentage changes.

Data Source: Realtor.
Zip Code: 38120 - Trend of Median House Listing Price Per Square Feet ($)
Zip Code: 38120 Trend of Median House Listing Price Per Square Feet
Items per page:
1 – 10 of 116
Month Price ($) MoM Perc. Change (%) YoY Perc. Change (%)
Aug 2016 115
Sep 2016 113
Oct 2016 116
Nov 2016 115
Dec 2016 117
Jan 2017 112
Feb 2017 120
Mar 2017 125
Apr 2017 121
May 2017 125
Jun 2017 130
Jul 2017 127
Aug 2017 123 -0.0294 0.0684
Sep 2017 118 -0.038 0.049
Oct 2017 121 0.0246 0.043
Nov 2017 121 -0.0004 0.0584
Dec 2017 116 -0.0388 -0.0013
Jan 2018 116 -0.0027 0.0387
Feb 2018 115 -0.0063 -0.0356
Mar 2018 128 0.1073 0.025
Apr 2018 137 0.0738 0.1304
May 2018 144 0.0504 0.1489
Jun 2018 144 -0.0013 0.1092
Jul 2018 136 -0.0586 0.0695
Aug 2018 136 0.0064 0.109
Sep 2018 144 0.0583 0.22
Oct 2018 131 -0.0901 0.0835
Nov 2018 147 0.1175 0.2112
Dec 2018 143 -0.025 0.2286
Jan 2019 139 -0.0301 0.1949
Feb 2019 136 -0.023 0.1749
Mar 2019 138 0.018 0.0802
Apr 2019 140 0.0143 0.0204
May 2019 140 -0.0039 -0.0324
Jun 2019 145 0.0384 0.0061
Jul 2019 142 -0.019 0.0485
Aug 2019 144 0.0108 0.053
Sep 2019 140 -0.0242 -0.0291
Oct 2019 134 -0.0411 0.0232
Nov 2019 131 -0.0245 -0.1068
Dec 2019 137 0.0414 -0.046
Jan 2020 137 0.0011 -0.0154
Feb 2020 131 -0.0421 -0.0346
Mar 2020 133 0.0146 -0.0378
Apr 2020 161 0.2085 0.1464
May 2020 151 -0.0585 0.0835
Jun 2020 129 -0.1445 -0.1073
Jul 2020 143 0.1089 0.009
Aug 2020 166 0.1586 0.1565
Sep 2020 151 -0.0882 0.0807
Oct 2020 152 0.0042 0.1318
Nov 2020 159 0.0469 0.2146
Dec 2020 145 -0.0867 0.0652
Jan 2021 165 0.1361 0.2089
Feb 2021 172 0.04 0.3125
Mar 2021 194 0.13 0.4617
Apr 2021 164 -0.1537 0.0236
May 2021 152 -0.0774 0.003
Jun 2021 143 -0.0597 0.1025
Jul 2021 126 -0.1163 -0.1214
Aug 2021 139 0.1044 -0.1625
Sep 2021 205 0.4722 0.3521
Oct 2021 169 -0.1773 0.1078
Nov 2021 190 0.1266 0.1922
Dec 2021 194 0.0235 0.336
Jan 2022 192 -0.0117 0.1623
Feb 2022 203 0.0568 0.181
Mar 2022 203 0.0 0.0452
Apr 2022 140 -0.3093 -0.1469
May 2022 187 0.3359 0.2352
Jun 2022 146 -0.2199 0.0248
Jul 2022 190 0.2999 0.5073
Aug 2022 182 -0.0441 0.3047
Sep 2022 187 0.0318 -0.0856
Oct 2022 182 -0.0291 0.0792
Nov 2022 181 -0.0041 -0.0461
Dec 2022 169 -0.0694 -0.1327
Jan 2023 156 -0.0767 -0.1898
Feb 2023 145 -0.0677 -0.2853
Mar 2023 191 0.3194 -0.057
Apr 2023 184 -0.0383 0.313
May 2023 172 -0.0657 -0.0818
Jun 2023 172 0.0 0.1771
Jul 2023 183 0.0616 -0.0386
Aug 2023 174 -0.0469 -0.0415
Sep 2023 178 0.023 -0.0497
Oct 2023 175 -0.0175 -0.0384
Nov 2023 180 0.0285 -0.0069
Dec 2023 176 -0.0229 0.0427
Jan 2024 207 0.1796 0.3322
Feb 2024 231 0.112 0.589
Mar 2024 180 -0.2177 -0.0579
Apr 2024 208 0.151 0.1276
May 2024 208 0.0 0.2069
Jun 2024 208 0.0038 0.2115
Jul 2024 209 0.0038 0.1456
Aug 2024 211 0.008 0.2116
Sep 2024 208 -0.0113 0.1711
Oct 2024 200 -0.0381 0.1465
Nov 2024 194 -0.0346 0.0762
Dec 2024 171 -0.1148 -0.025
Jan 2025 191 0.1158 -0.0777
Feb 2025 0
Mar 2025 163 -0.0958
Apr 2025 151 -0.0721 -0.2711
May 2025 131 -0.1333 -0.3682
Jun 2025 125 -0.0457 -0.3994
Jul 2025 125 0.0 -0.4016
Aug 2025 125 0.0 -0.4064
Sep 2025 128 0.025 -0.3846
Oct 2025 132 0.0322 -0.3396
Nov 2025 174 0.3163 -0.0996
Dec 2025 172 -0.013 0.0039
Jan 2026 173 0.003 -0.0975
Feb 2026 169 -0.0187
Mar 2026 171 0.0125 0.0514