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Memphis, TN 38109 Real Estate & Property Data

Memphis, TN 38109 Real Estate Market Trends
Last Updated: April 18, 2024

A total of 856 residential properties have been sold over the past 12 months in 38109. With a median sales price of $108,500 in 38109 and a total of 5 foreclosures in Memphis, TN 38109. Discover market trends and get the granular level real estate data for Memphis, TN 38109 to keep your pulse on the housing market. Curate compelling home reports for Memphis, TN 38109 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Memphis, TN 38109 Real Estate Market Trends
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 16,615
Total Commercial Properties 395
Avg. Home Age (Single Family Home) 61 Years
Avg. Square Feet (Single Family Home) 1,299
Total 2024 Residential Sales (year-to-date) 133
% of Homes Seriously Underwater (Q2 2024) 1.71%
Total 2023 Residential Sales 785
% of Equity Rich Homes (Q2 2024) 32.16%
Effective 2023 Property Tax 0.96%
Total Foreclosure Filings (year-to-date) 11
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Memphis, TN 38109 Real Estate Overview

There were 856 residential properties sold in the past year in Memphis, TN 38109. The median home value in Memphis, TN 38109 is $94,759. There are a total of 16,615 residential properties in the 38109.

Median Sales Price i
$108,500
(Feb 2024)
+6.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $108,500
  • January '24 Jan '24 $115,600
  • December '23 Dec '23 $115,200
  • November '23 Nov '23 $91,250
  • October '23 Oct '23 $119,950
  • September '23 Sep '23 $125,000
  • August '23 Aug '23 $115,000
  • July '23 Jul '23 $120,000
  • June '23 Jun '23 $115,000
  • May '23 May '23 $112,000
  • April '23 Apr '23 $108,405
  • March '23 Mar '23 $118,800
Median Down Payment i
$22,050
(Feb 2024)
-19%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $22,050
  • January '24 Jan '24 $28,225
  • December '23 Dec '23 $24,090
  • November '23 Nov '23 $31,150
  • October '23 Oct '23 $31,000
  • September '23 Sep '23 $31,500
  • August '23 Aug '23 $27,840
  • July '23 Jul '23 $21,050
  • June '23 Jun '23 $24,625
  • May '23 May '23 $26,840
  • April '23 Apr '23 $23,900
  • March '23 Mar '23 $27,362
Number of Homes Sold i
67
(Feb 2024)
+52.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 67
  • January '24 Jan '24 66
  • December '23 Dec '23 51
  • November '23 Nov '23 72
  • October '23 Oct '23 75
  • September '23 Sep '23 67
  • August '23 Aug '23 87
  • July '23 Jul '23 64
  • June '23 Jun '23 72
  • May '23 May '23 69
  • April '23 Apr '23 61
  • March '23 Mar '23 61
Number of Purchase Loans i
37
(Feb 2024)
+54.2%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 37
  • January '24 Jan '24 42
  • December '23 Dec '23 39
  • November '23 Nov '23 41
  • October '23 Oct '23 43
  • September '23 Sep '23 33
  • August '23 Aug '23 46
  • July '23 Jul '23 48
  • June '23 Jun '23 43
  • May '23 May '23 46
  • April '23 Apr '23 32
  • March '23 Mar '23 33
Number of REFI Loans i
24
(Feb 2024)
-4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 24
  • January '24 Jan '24 20
  • December '23 Dec '23 21
  • November '23 Nov '23 17
  • October '23 Oct '23 13
  • September '23 Sep '23 21
  • August '23 Aug '23 22
  • July '23 Jul '23 17
  • June '23 Jun '23 19
  • May '23 May '23 20
  • April '23 Apr '23 16
  • March '23 Mar '23 22
Number of HELOC Loans i
7
(Feb 2024)
-12.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 7
  • January '24 Jan '24 4
  • December '23 Dec '23 4
  • November '23 Nov '23 8
  • October '23 Oct '23 9
  • September '23 Sep '23 6
  • August '23 Aug '23 7
  • July '23 Jul '23 2
  • June '23 Jun '23 7
  • May '23 May '23 2
  • April '23 Apr '23 4
  • March '23 Mar '23 8

Memphis, TN 38109 Real Estate Market Overview

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Memphis, TN 38109 Foreclosure Activity

There were a total of 5 Memphis, TN 38109 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
5
(Feb 2024)
-50%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 5
  • January '24 Jan '24 6
  • December '23 Dec '23 4
  • November '23 Nov '23 6
  • October '23 Oct '23 3
  • September '23 Sep '23 3
  • August '23 Aug '23 5
  • July '23 Jul '23 3
  • June '23 Jun '23 2
  • May '23 May '23 3
  • April '23 Apr '23 2
  • March '23 Mar '23 2
Foreclosure Starts i
5
(Feb 2024)
-50%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 5
  • January '24 Jan '24 6
  • December '23 Dec '23 4
  • November '23 Nov '23 6
  • October '23 Oct '23 3
  • September '23 Sep '23 3
  • August '23 Aug '23 5
  • July '23 Jul '23 3
  • June '23 Jun '23 2
  • May '23 May '23 3
  • April '23 Apr '23 2
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 N/A
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 4
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 2
  • April '23 Apr '23 2
  • March '23 Mar '23 2
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