Memphis, TN 38104 Real Estate & Property Data

Memphis, TN 38104 Real Estate Market Trends
Last Updated: April 16, 2024

A total of 366 residential properties have been sold over the past 12 months in 38104. With a median sales price of $385,000 in 38104 and a total of 2 foreclosures in Memphis, TN 38104. Discover market trends and get the granular level real estate data for Memphis, TN 38104 to keep your pulse on the housing market. Curate compelling home reports for Memphis, TN 38104 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Memphis, TN 38104 Real Estate Market Trends
Total Residential Properties 6,231
Total Commercial Properties 1,022
Avg. Home Age (Single Family Home) 99 Years
Avg. Square Feet (Single Family Home) 2,122
Total 2024 Residential Sales (year-to-date) 46
% of Homes Seriously Underwater (Q2 2024) 1.65%
Total 2023 Residential Sales 341
% of Equity Rich Homes (Q2 2024) 33.66%
Effective 2023 Property Tax 1.35%
Total Foreclosure Filings (year-to-date) 4
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Memphis, TN 38104 Real Estate Overview

There were 366 residential properties sold in the past year in Memphis, TN 38104. The median home value in Memphis, TN 38104 is $274,919. There are a total of 6,231 residential properties in the 38104.

Median Sales Price i
$385,000
(Feb 2024)
+1.3%
year-over-year
y-o-y
  • February '24 Feb '24 $385,000
  • January '24 Jan '24 $360,000
  • December '23 Dec '23 $269,900
  • November '23 Nov '23 $290,000
  • October '23 Oct '23 $385,504
  • September '23 Sep '23 $304,000
  • August '23 Aug '23 $382,500
  • July '23 Jul '23 $350,000
  • June '23 Jun '23 $367,450
  • May '23 May '23 $275,500
  • April '23 Apr '23 $370,000
  • March '23 Mar '23 $276,000
Median Down Payment i
$88,000
(Feb 2024)
+339.7%
year-over-year
y-o-y
  • February '24 Feb '24 $88,000
  • January '24 Jan '24 $19,970
  • December '23 Dec '23 $56,700
  • November '23 Nov '23 $77,000
  • October '23 Oct '23 $105,000
  • September '23 Sep '23 $66,375
  • August '23 Aug '23 $47,000
  • July '23 Jul '23 $72,300
  • June '23 Jun '23 $55,875
  • May '23 May '23 $34,685
  • April '23 Apr '23 $57,900
  • March '23 Mar '23 $54,300
Number of Homes Sold i
27
(Feb 2024)
+35%
year-over-year
y-o-y
  • February '24 Feb '24 27
  • January '24 Jan '24 19
  • December '23 Dec '23 25
  • November '23 Nov '23 21
  • October '23 Oct '23 25
  • September '23 Sep '23 20
  • August '23 Aug '23 32
  • July '23 Jul '23 37
  • June '23 Jun '23 40
  • May '23 May '23 39
  • April '23 Apr '23 32
  • March '23 Mar '23 29
Number of Purchase Loans i
16
(Feb 2024)
+23.1%
year-over-year
y-o-y
  • February '24 Feb '24 16
  • January '24 Jan '24 14
  • December '23 Dec '23 14
  • November '23 Nov '23 15
  • October '23 Oct '23 18
  • September '23 Sep '23 12
  • August '23 Aug '23 26
  • July '23 Jul '23 32
  • June '23 Jun '23 30
  • May '23 May '23 25
  • April '23 Apr '23 18
  • March '23 Mar '23 20
Number of REFI Loans i
11
(Feb 2024)
+120%
year-over-year
y-o-y
  • February '24 Feb '24 11
  • January '24 Jan '24 2
  • December '23 Dec '23 5
  • November '23 Nov '23 3
  • October '23 Oct '23 10
  • September '23 Sep '23 3
  • August '23 Aug '23 8
  • July '23 Jul '23 5
  • June '23 Jun '23 4
  • May '23 May '23 8
  • April '23 Apr '23 5
  • March '23 Mar '23 12
Number of HELOC Loans i
6
(Feb 2024)
-40%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 3
  • December '23 Dec '23 5
  • November '23 Nov '23 3
  • October '23 Oct '23 5
  • September '23 Sep '23 7
  • August '23 Aug '23 8
  • July '23 Jul '23 5
  • June '23 Jun '23 12
  • May '23 May '23 5
  • April '23 Apr '23 7
  • March '23 Mar '23 6

Memphis, TN 38104 Foreclosure Activity

There were a total of 2 Memphis, TN 38104 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 2
  • April '23 Apr '23 4
  • March '23 Mar '23 N/A
Foreclosure Starts i
2
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 2
  • April '23 Apr '23 4
  • March '23 Mar '23 N/A
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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