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

According to data from Realtor.com, the median house listing price for the 38120 Zip Code in February 2026 was $478,688. The month over month percentage change (MoM) was -0.0171%, and the year over year percentage change (YoY) was -0.0373%.

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

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

Data Source: Realtor.
Zip Code: 38120 - Trend of Median House Listing Price ($)
Zip Code: 38120 Trend of Median House Listing Price
Items per page:
1 – 10 of 116
Month Price ($) MoM Perc. Change (%) YoY Perc. Change (%)
Aug 2016 375000
Sep 2016 394950
Oct 2016 426075
Nov 2016 419900
Dec 2016 448451
Jan 2017 469950
Feb 2017 468350
Mar 2017 451175
Apr 2017 473625
May 2017 489000
Jun 2017 490000
Jul 2017 538500
Aug 2017 432400 -0.197 0.1531
Sep 2017 456075 0.0548 0.1548
Oct 2017 499000 0.0941 0.1712
Nov 2017 445000 -0.1082 0.0598
Dec 2017 422000 -0.0517 -0.059
Jan 2018 425000 0.0071 -0.0956
Feb 2018 539975 0.2705 0.1529
Mar 2018 518250 -0.0402 0.1487
Apr 2018 685000 0.3218 0.4463
May 2018 698000 0.019 0.4274
Jun 2018 677000 -0.0301 0.3816
Jul 2018 649000 -0.0414 0.2052
Aug 2018 569500 -0.1225 0.3171
Sep 2018 566125 -0.0059 0.2413
Oct 2018 495000 -0.1256 -0.008
Nov 2018 535000 0.0808 0.2022
Dec 2018 588500 0.1 0.3945
Jan 2019 579000 -0.0161 0.3624
Feb 2019 591450 0.0215 0.0953
Mar 2019 675000 0.1413 0.3025
Apr 2019 679286 0.0063 -0.0083
May 2019 668036 -0.0166 -0.0429
Jun 2019 639700 -0.0424 -0.0551
Jul 2019 599900 -0.0622 -0.0757
Aug 2019 621950 0.0368 0.0921
Sep 2019 642000 0.0322 0.134
Oct 2019 646500 0.007 0.3061
Nov 2019 650000 0.0054 0.215
Dec 2019 650000 0.0 0.1045
Jan 2020 594975 -0.0847 0.0276
Feb 2020 619950 0.042 0.0482
Mar 2020 613950 -0.0097 -0.0904
Apr 2020 642500 0.0465 -0.0542
May 2020 667000 0.0381 -0.0016
Jun 2020 494000 -0.2594 -0.2278
Jul 2020 649000 0.3138 0.0818
Aug 2020 811500 0.2504 0.3048
Sep 2020 844500 0.0407 0.3154
Oct 2020 792875 -0.0611 0.2264
Nov 2020 762250 -0.0386 0.1727
Dec 2020 507000 -0.3349 -0.22
Jan 2021 548500 0.0819 -0.0781
Feb 2021 375000 -0.3163 -0.3951
Mar 2021 795000 1.12 0.2949
Apr 2021 823500 0.0358 0.2817
May 2021 830000 0.0079 0.2444
Jun 2021 749000 -0.0976 0.5162
Jul 2021 841000 0.1228 0.2958
Aug 2021 799000 -0.0499 -0.0154
Sep 2021 837000 0.0476 -0.0089
Oct 2021 742500 -0.1129 -0.0635
Nov 2021 612000 -0.1758 -0.1971
Dec 2021 739000 0.2075 0.4576
Jan 2022 647250 -0.1242 0.18
Feb 2022 735000 0.1356 0.96
Mar 2022 678000 -0.0776 -0.1472
Apr 2022 656225 -0.0321 -0.2031
May 2022 650000 -0.0095 -0.2169
Jun 2022 732500 0.1269 -0.022
Jul 2022 598250 -0.1833 -0.2886
Aug 2022 620000 0.0364 -0.224
Sep 2022 615475 -0.0073 -0.2647
Oct 2022 629225 0.0223 -0.1526
Nov 2022 512500 -0.1855 -0.1626
Dec 2022 533825 0.0416 -0.2776
Jan 2023 484900 -0.0916 -0.2508
Feb 2023 459950 -0.0515 -0.3742
Mar 2023 467475 0.0164 -0.3105
Apr 2023 413450 -0.1156 -0.37
May 2023 450575 0.0898 -0.3068
Jun 2023 466750 0.0359 -0.3628
Jul 2023 477900 0.0239 -0.2012
Aug 2023 534950 0.1194 -0.1372
Sep 2023 551125 0.0302 -0.1046
Oct 2023 512000 -0.071 -0.1863
Nov 2023 476325 -0.0697 -0.0706
Dec 2023 437650 -0.0812 -0.1802
Jan 2024 450000 0.0282 -0.072
Feb 2024 538500 0.1967 0.1708
Mar 2024 491250 -0.0877 0.0509
Apr 2024 512450 0.0432 0.2394
May 2024 470000 -0.0828 0.0431
Jun 2024 515000 0.0957 0.1034
Jul 2024 549000 0.066 0.1488
Aug 2024 555750 0.0123 0.0389
Sep 2024 549450 -0.0113 -0.003
Oct 2024 488500 -0.1109 -0.0459
Nov 2024 472450 -0.0329 -0.0081
Dec 2024 434500 -0.0803 -0.0072
Jan 2025 418475 -0.0369 -0.0701
Feb 2025 424725 0.0149 -0.2113
Mar 2025 497250 0.1708 0.0122
Apr 2025 495000 -0.0045 -0.0341
May 2025 499450 0.009 0.0627
Jun 2025 525000 0.0512 0.0194
Jul 2025 530000 0.0095 -0.0346
Aug 2025 520000 -0.0189 -0.0643
Sep 2025 519000 -0.0019 -0.0554
Oct 2025 519700 0.0013 0.0639
Nov 2025 500975 -0.036 0.0604
Dec 2025 509900 0.0178 0.1735
Jan 2026 496950 -0.0254 0.1875
Feb 2026 487000 -0.02 0.1466
Mar 2026 478688 -0.0171 -0.0373