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Memphis, TN 38108 Real Estate & Property Data

Memphis, TN 38108 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 387 residential properties have been sold over the past 12 months in 38108. With a median sales price of $69,500 in 38108 and a total of 1 foreclosures in Memphis, TN 38108. Discover market trends and get the granular level real estate data for Memphis, TN 38108 to keep your pulse on the housing market. Curate compelling home reports for Memphis, TN 38108 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Memphis, TN 38108 Real Estate Market Trends
Get property data for any address in Memphis, TN 38108 or the country:
Total Residential Properties 6,406
Total Commercial Properties 218
Avg. Home Age (Single Family Home) 74 Years
Avg. Square Feet (Single Family Home) 1,128
Total 2025 Residential Sales (year-to-date) 51
% of Homes Seriously Underwater (Q2 2025) 2.51%
Total 2024 Residential Sales 368
% of Equity Rich Homes (Q2 2025) 23.33%
Effective 2024 Property Tax 0.78%
Total Foreclosure Filings (year-to-date) 1
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Memphis, TN 38108 Real Estate Overview

There were 387 residential properties sold in the past year in Memphis, TN 38108. The median home value in Memphis, TN 38108 is $76,427. There are a total of 6,406 residential properties in the 38108.

Median Sales Price i
$69,500
(Feb 2025)
-0.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 $69,500
  • January '25 Jan '25 $105,000
  • December '24 Dec '24 $93,000
  • November '24 Nov '24 $136,250
  • October '24 Oct '24 $77,500
  • September '24 Sep '24 $80,000
  • August '24 Aug '24 $97,450
  • July '24 Jul '24 $112,500
  • June '24 Jun '24 $76,000
  • May '24 May '24 $95,000
  • April '24 Apr '24 $114,900
  • March '24 Mar '24 $118,000
Median Down Payment i
$2,029
(Feb 2025)
-83.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 $2,029
  • January '25 Jan '25 $27,750
  • December '24 Dec '24 $28,637
  • November '24 Nov '24 $38,875
  • October '24 Oct '24 $21,932
  • September '24 Sep '24 $26,000
  • August '24 Aug '24 $14,475
  • July '24 Jul '24 $14,275
  • June '24 Jun '24 $28,250
  • May '24 May '24 $23,875
  • April '24 Apr '24 $25,750
  • March '24 Mar '24 $25,250
Number of Homes Sold i
29
(Feb 2025)
+26.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 29
  • January '25 Jan '25 22
  • December '24 Dec '24 37
  • November '24 Nov '24 28
  • October '24 Oct '24 29
  • September '24 Sep '24 33
  • August '24 Aug '24 26
  • July '24 Jul '24 29
  • June '24 Jun '24 30
  • May '24 May '24 33
  • April '24 Apr '24 31
  • March '24 Mar '24 37
Number of Purchase Loans i
8
(Feb 2025)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 8
  • January '25 Jan '25 13
  • December '24 Dec '24 17
  • November '24 Nov '24 10
  • October '24 Oct '24 10
  • September '24 Sep '24 11
  • August '24 Aug '24 10
  • July '24 Jul '24 20
  • June '24 Jun '24 17
  • May '24 May '24 20
  • April '24 Apr '24 16
  • March '24 Mar '24 6
Number of REFI Loans i
7
(Feb 2025)
-12.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 7
  • January '25 Jan '25 13
  • December '24 Dec '24 3
  • November '24 Nov '24 5
  • October '24 Oct '24 8
  • September '24 Sep '24 7
  • August '24 Aug '24 10
  • July '24 Jul '24 8
  • June '24 Jun '24 6
  • May '24 May '24 11
  • April '24 Apr '24 8
  • March '24 Mar '24 2
Number of HELOC Loans i
1
(Feb 2025)
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 1
  • 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 2
  • July '24 Jul '24 7
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 1

Memphis, TN 38108 Real Estate Market Overview

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Memphis, TN 38108 Foreclosure Activity

There were a total of 1 Memphis, TN 38108 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
1
(Feb 2025)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 2
  • September '24 Sep '24 N/A
  • August '24 Aug '24 3
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 1
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
Foreclosure Starts i
1
(Feb 2025)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 2
  • September '24 Sep '24 N/A
  • August '24 Aug '24 3
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 1
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
Completed Foreclosures (REOs) i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 1
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 1
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