Memphis, TN 38104 Real Estate & Property Data

Memphis, TN 38104 Real Estate Market Trends
Last Updated: September 06, 2025

A total of 306 residential properties have been sold over the past 12 months in 38104. With a median sales price of $395,000 in 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 6,232
Total Commercial Properties 969
Avg. Home Age (Single Family Home) 100 Years
Avg. Square Feet (Single Family Home) 2,134
Total 2025 Residential Sales (year-to-date) 122
% of Homes Seriously Underwater (Q3 2025) 1.21%
Total 2024 Residential Sales 309
% of Equity Rich Homes (Q3 2025) 32.24%
Effective 2024 Property Tax 1.66%
Total Foreclosure Filings (year-to-date) 5
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Memphis, TN 38104 Real Estate Overview

There were 306 residential properties sold in the past year in Memphis, TN 38104. The median home value in Memphis, TN 38104 is $271,489. There are a total of 6,232 residential properties in the 38104.

Median Sales Price i
$395,000
(Jun 2025)
+9.6%
year-over-year
y-o-y
  • June '25 Jun '25 $395,000
  • May '25 May '25 $399,000
  • April '25 Apr '25 $328,500
  • March '25 Mar '25 $481,500
  • February '25 Feb '25 $675,000
  • January '25 Jan '25 $329,000
  • December '24 Dec '24 $281,500
  • November '24 Nov '24 $275,000
  • October '24 Oct '24 $332,500
  • September '24 Sep '24 $360,525
  • August '24 Aug '24 $320,625
  • July '24 Jul '24 $362,450
Median Down Payment i
$83,100
(Jun 2025)
+38.5%
year-over-year
y-o-y
  • June '25 Jun '25 $83,100
  • May '25 May '25 $42,000
  • April '25 Apr '25 $58,125
  • March '25 Mar '25 $75,000
  • February '25 Feb '25 $75,200
  • January '25 Jan '25 $41,760
  • December '24 Dec '24 $35,253
  • November '24 Nov '24 $27,500
  • October '24 Oct '24 $22,720
  • September '24 Sep '24 $127,650
  • August '24 Aug '24 $40,000
  • July '24 Jul '24 $69,900
Number of Homes Sold i
42
(Jun 2025)
+55.6%
year-over-year
y-o-y
  • June '25 Jun '25 42
  • May '25 May '25 22
  • April '25 Apr '25 23
  • March '25 Mar '25 16
  • February '25 Feb '25 6
  • January '25 Jan '25 13
  • December '24 Dec '24 23
  • November '24 Nov '24 27
  • October '24 Oct '24 29
  • September '24 Sep '24 22
  • August '24 Aug '24 23
  • July '24 Jul '24 33
Number of Purchase Loans i
28
(Jun 2025)
+33.3%
year-over-year
y-o-y
  • June '25 Jun '25 28
  • May '25 May '25 16
  • April '25 Apr '25 19
  • March '25 Mar '25 9
  • February '25 Feb '25 7
  • January '25 Jan '25 15
  • December '24 Dec '24 15
  • November '24 Nov '24 22
  • October '24 Oct '24 19
  • September '24 Sep '24 12
  • August '24 Aug '24 15
  • July '24 Jul '24 24
Number of REFI Loans i
2
(Jun 2025)
-80%
year-over-year
y-o-y
  • June '25 Jun '25 2
  • May '25 May '25 8
  • April '25 Apr '25 5
  • March '25 Mar '25 11
  • February '25 Feb '25 5
  • January '25 Jan '25 9
  • December '24 Dec '24 7
  • November '24 Nov '24 6
  • October '24 Oct '24 8
  • September '24 Sep '24 7
  • August '24 Aug '24 7
  • July '24 Jul '24 4
Number of HELOC Loans i
10
(Jun 2025)
+25%
year-over-year
y-o-y
  • June '25 Jun '25 10
  • May '25 May '25 9
  • April '25 Apr '25 6
  • March '25 Mar '25 5
  • February '25 Feb '25 N/A
  • January '25 Jan '25 8
  • December '24 Dec '24 5
  • November '24 Nov '24 4
  • October '24 Oct '24 11
  • September '24 Sep '24 6
  • August '24 Aug '24 4
  • July '24 Jul '24 3

Memphis, TN 38104 Foreclosure Activity

Total Foreclosure Filings i
  • June '25 Jun '25 N/A
  • May '25 May '25 3
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 2
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
Foreclosure Starts i
  • June '25 Jun '25 N/A
  • May '25 May '25 3
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 2
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
Completed Foreclosures (REOs) i
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 1
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
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