Memphis, TN 38112 Real Estate & Property Data

Memphis, TN 38112 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 303 residential properties have been sold over the past 12 months in 38112. With a median sales price of $131,450 in 38112 and a total of 1 foreclosures in Memphis, TN 38112. Discover market trends and get the granular level real estate data for Memphis, TN 38112 to keep your pulse on the housing market. Curate compelling home reports for Memphis, TN 38112 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Memphis, TN 38112 Real Estate Market Trends
Total Residential Properties 5,438
Total Commercial Properties 330
Avg. Home Age (Single Family Home) 85 Years
Avg. Square Feet (Single Family Home) 1,612
Total 2025 Residential Sales (year-to-date) 51
% of Homes Seriously Underwater (Q2 2025) 3.72%
Total 2024 Residential Sales 290
% of Equity Rich Homes (Q2 2025) 29.68%
Effective 2024 Property Tax 1.22%
Total Foreclosure Filings (year-to-date) 2
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Memphis, TN 38112 Real Estate Overview

There were 303 residential properties sold in the past year in Memphis, TN 38112. The median home value in Memphis, TN 38112 is $146,543. There are a total of 5,438 residential properties in the 38112.

Median Sales Price i
$131,450
(Feb 2025)
-47.4%
year-over-year
y-o-y
  • February '25 Feb '25 $131,450
  • January '25 Jan '25 $220,000
  • December '24 Dec '24 $135,000
  • November '24 Nov '24 $176,000
  • October '24 Oct '24 $144,400
  • September '24 Sep '24 $89,000
  • August '24 Aug '24 $174,500
  • July '24 Jul '24 $296,500
  • June '24 Jun '24 $189,500
  • May '24 May '24 $232,500
  • April '24 Apr '24 $127,000
  • March '24 Mar '24 $254,900
Median Down Payment i
$27,500
(Feb 2025)
-18.7%
year-over-year
y-o-y
  • February '25 Feb '25 $27,500
  • January '25 Jan '25 $45,000
  • December '24 Dec '24 $10,462
  • November '24 Nov '24 $27,500
  • October '24 Oct '24 $97,000
  • September '24 Sep '24 $16,900
  • August '24 Aug '24 $23,750
  • July '24 Jul '24 $72,500
  • June '24 Jun '24 $33,750
  • May '24 May '24 $39,572
  • April '24 Apr '24 $35,000
  • March '24 Mar '24 $93,750
Number of Homes Sold i
26
(Feb 2025)
+52.9%
year-over-year
y-o-y
  • February '25 Feb '25 26
  • January '25 Jan '25 25
  • December '24 Dec '24 17
  • November '24 Nov '24 24
  • October '24 Oct '24 20
  • September '24 Sep '24 25
  • August '24 Aug '24 28
  • July '24 Jul '24 23
  • June '24 Jun '24 33
  • May '24 May '24 17
  • April '24 Apr '24 28
  • March '24 Mar '24 20
Number of Purchase Loans i
14
(Feb 2025)
+100%
year-over-year
y-o-y
  • February '25 Feb '25 14
  • January '25 Jan '25 17
  • December '24 Dec '24 7
  • November '24 Nov '24 14
  • October '24 Oct '24 13
  • September '24 Sep '24 12
  • August '24 Aug '24 21
  • July '24 Jul '24 13
  • June '24 Jun '24 17
  • May '24 May '24 10
  • April '24 Apr '24 20
  • March '24 Mar '24 15
Number of REFI Loans i
9
(Feb 2025)
+12.5%
year-over-year
y-o-y
  • February '25 Feb '25 9
  • January '25 Jan '25 8
  • December '24 Dec '24 3
  • November '24 Nov '24 6
  • October '24 Oct '24 1
  • September '24 Sep '24 5
  • August '24 Aug '24 9
  • July '24 Jul '24 6
  • June '24 Jun '24 5
  • May '24 May '24 6
  • April '24 Apr '24 10
  • March '24 Mar '24 12
Number of HELOC Loans i
2
(Feb 2025)
-60%
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 2
  • December '24 Dec '24 1
  • November '24 Nov '24 3
  • October '24 Oct '24 4
  • September '24 Sep '24 3
  • August '24 Aug '24 4
  • July '24 Jul '24 9
  • June '24 Jun '24 3
  • May '24 May '24 7
  • April '24 Apr '24 1
  • March '24 Mar '24 1

Memphis, TN 38112 Foreclosure Activity

There were a total of 1 Memphis, TN 38112 properties with a foreclosure filing in February 2025.

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