Zip Code: 38107 (Memphis, Tennessee) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 38107 Zip Code (Memphis, Tennessee) in February 2026 was $106,788.208. The month over month percentage change (MoM) was -0.21%, and the year over year percentage change (YoY) was -8.49%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 38107 zip code (Memphis, Tennessee). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 38107 zip code (Memphis, Tennessee).

You can see similar information for other Tennessee zip codes, and for Tennessee.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 38107 (Memphis, Tennessee) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 38107 (Memphis, Tennessee) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 44305.223226174225 0.20 4.75
Feb 2015 44307.777416050325 0.01 4.06
Mar 2015 44166.326985651736 -0.32 4.34
Apr 2015 43910.99062449136 -0.58 3.52
May 2015 44012.523083922504 0.23 3.83
Jun 2015 44034.5947070575 0.05 3.74
Jul 2015 44094.645250697824 0.14 3.21
Aug 2015 43979.50689153106 -0.26 1.86
Sep 2015 43951.03694688273 -0.06 0.29
Oct 2015 44290.15293433666 0.77 0.55
Nov 2015 44716.226386858 0.96 1.38
Dec 2015 45141.08277162246 0.95 2.09
Jan 2016 45534.98547441113 0.87 2.78
Feb 2016 46013.29511825015 1.05 3.85
Mar 2016 46382.510689637515 0.80 5.02
Apr 2016 46764.90754981944 0.82 6.50
May 2016 47091.60556434697 0.70 7.00
Jun 2016 47590.963071638165 1.06 8.08
Jul 2016 47763.60115770856 0.36 8.32
Aug 2016 47989.36926365265 0.47 9.12
Sep 2016 47844.26641773601 -0.30 8.86
Oct 2016 47955.56030441724 0.23 8.28
Nov 2016 47958.309714848554 0.01 7.25
Dec 2016 48016.68327086316 0.12 6.37
Jan 2017 48315.47678912234 0.62 6.11
Feb 2017 48926.64684267651 1.26 6.33
Mar 2017 49842.93579116697 1.87 7.46
Apr 2017 50471.53681572696 1.26 7.93
May 2017 50537.45339991734 0.13 7.32
Jun 2017 50407.2039469573 -0.26 5.92
Jul 2017 50232.17547226864 -0.35 5.17
Aug 2017 50390.455295237065 0.32 5.00
Sep 2017 50463.559734244685 0.14 5.48
Oct 2017 50829.59180186908 0.73 5.99
Nov 2017 51503.84616763224 1.33 7.39
Dec 2017 52408.45569035643 1.76 9.15
Jan 2018 53084.469721385285 1.29 9.87
Feb 2018 53208.161636156845 0.23 8.75
Mar 2018 53076.207658254825 -0.25 6.49
Apr 2018 52949.678828792064 -0.24 4.91
May 2018 52897.82175393024 -0.10 4.67
Jun 2018 52866.72068603386 -0.06 4.88
Jul 2018 53118.50318762923 0.48 5.75
Aug 2018 53879.0769293255 1.43 6.92
Sep 2018 55090.241054474674 2.25 9.17
Oct 2018 56347.219037382216 2.28 10.86
Nov 2018 57745.27142692661 2.48 12.12
Dec 2018 59137.197193920845 2.41 12.84
Jan 2019 60353.686925283655 2.06 13.69
Feb 2019 60632.49418149841 0.46 13.95
Mar 2019 60520.9428646587 -0.18 14.03
Apr 2019 60323.64147976984 -0.33 13.93
May 2019 60810.26943084297 0.81 14.96
Jun 2019 61832.62900370706 1.68 16.96
Jul 2019 62709.35909680446 1.42 18.06
Aug 2019 63249.92054843803 0.86 17.39
Sep 2019 63485.15579817854 0.37 15.24
Oct 2019 64043.272385901604 0.88 13.66
Nov 2019 65066.4009665946 1.60 12.68
Dec 2019 66380.11469035335 2.02 12.25
Jan 2020 67587.6625194577 1.82 11.99
Feb 2020 68532.0646903874 1.40 13.03
Mar 2020 69218.63311700383 1.00 14.37
Apr 2020 70412.87161243022 1.73 16.73
May 2020 71841.45087105234 2.03 18.14
Jun 2020 73365.22437286656 2.12 18.65
Jul 2020 74107.92557076279 1.01 18.18
Aug 2020 74632.39559966729 0.71 18.00
Sep 2020 75579.32496752794 1.27 19.05
Oct 2020 77396.08896881425 2.40 20.85
Nov 2020 79655.43886368388 2.92 22.42
Dec 2020 81729.59448896871 2.60 23.12
Jan 2021 83877.14775631945 2.63 24.10
Feb 2021 86053.11415381114 2.59 25.57
Mar 2021 88448.04412410926 2.78 27.78
Apr 2021 90984.67350518446 2.87 29.22
May 2021 93937.9879922135 3.25 30.76
Jun 2021 97201.21806078975 3.47 32.49
Jul 2021 99122.41456551803 1.98 33.75
Aug 2021 99422.51091939851 0.30 33.22
Sep 2021 98575.93796759075 -0.85 30.43
Oct 2021 98363.42197727755 -0.22 27.09
Nov 2021 99053.5744771498 0.70 24.35
Dec 2021 100418.21133965759 1.38 22.87
Jan 2022 102778.45020484558 2.35 22.54
Feb 2022 106159.12739174183 3.29 23.37
Mar 2022 109629.14188311348 3.27 23.95
Apr 2022 112778.51670668506 2.87 23.95
May 2022 114719.45692819235 1.72 22.12
Jun 2022 116766.36979868093 1.78 20.13
Jul 2022 117889.48018791794 0.96 18.93
Aug 2022 118826.64839124982 0.80 19.52
Sep 2022 119210.067864011 0.32 20.93
Oct 2022 119841.60384046617 0.53 21.84
Nov 2022 120307.27600546808 0.39 21.46
Dec 2022 120056.79159979633 -0.21 19.56
Jan 2023 118179.64735711094 -1.56 14.99
Feb 2023 115919.77247210573 -1.91 9.19
Mar 2023 113584.05998074652 -2.01 3.61
Apr 2023 112277.16941425767 -1.15 -0.44
May 2023 111483.2858260825 -0.71 -2.82
Jun 2023 111054.79781417358 -0.38 -4.89
Jul 2023 111051.06525443874 0.00 -5.80
Aug 2023 110970.18337873784 -0.07 -6.61
Sep 2023 110784.14499143173 -0.17 -7.07
Oct 2023 109658.76215264238 -1.02 -8.50
Nov 2023 108567.56424688992 -0.99 -9.76
Dec 2023 107805.92795238314 -0.70 -10.20
Jan 2024 107606.83271138633 -0.18 -8.95
Feb 2024 107488.83637034596 -0.11 -7.27
Mar 2024 107846.79052053271 0.33 -5.05
Apr 2024 109067.59852568006 1.13 -2.86
May 2024 110420.29521285422 1.24 -0.95
Jun 2024 111523.08926552416 1.00 0.42
Jul 2024 112106.31157178164 0.52 0.95
Aug 2024 112046.17451647292 -0.05 0.97
Sep 2024 111921.94345633498 -0.11 1.03
Oct 2024 112060.09196839076 0.12 2.19
Nov 2024 113678.4038116826 1.44 4.71
Dec 2024 115385.33520835445 1.50 7.03
Jan 2025 116663.28350482443 1.11 8.42
Feb 2025 116701.06703758221 0.03 8.57
Mar 2025 116005.0167605405 -0.60 7.57
Apr 2025 114755.2844946027 -1.08 5.22
May 2025 113057.54499016322 -1.48 2.39
Jun 2025 111270.7086926931 -1.58 -0.23
Jul 2025 109949.90546826801 -1.19 -1.92
Aug 2025 109756.55030083765 -0.18 -2.04
Sep 2025 109821.83651995908 0.06 -1.88
Oct 2025 109386.5278910174 -0.40 -2.39
Nov 2025 108383.5668545621 -0.92 -4.66
Dec 2025 107356.51598439964 -0.95 -6.96
Jan 2026 107014.10585837373 -0.32 -8.27
Feb 2026 106788.20846981138 -0.21 -8.49