Memphis, TN 38119 Real Estate & Property Data

Memphis, TN 38119 Real Estate Market Trends
Last Updated: September 20, 2025

A total of 378 residential properties have been sold over the past 12 months in 38119. With a median sales price of $312,500 in 38119 and a total of 3 foreclosures in Memphis, TN 38119. Discover market trends and get the granular level real estate data for Memphis, TN 38119 to keep your pulse on the housing market. Curate compelling home reports for Memphis, TN 38119 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Memphis, TN 38119 Real Estate Market Trends
Total Residential Properties 6,653
Total Commercial Properties 328
Avg. Home Age (Single Family Home) 53 Years
Avg. Square Feet (Single Family Home) 2,596
Total 2025 Residential Sales (year-to-date) 233
% of Homes Seriously Underwater (Q3 2025) 0.75%
Total 2024 Residential Sales 303
% of Equity Rich Homes (Q3 2025) 36.69%
Effective 2024 Property Tax 1.68%
Total Foreclosure Filings (year-to-date) 6
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Memphis, TN 38119 Real Estate Overview

There were 378 residential properties sold in the past year in Memphis, TN 38119. The median home value in Memphis, TN 38119 is $300,077. There are a total of 6,653 residential properties in the 38119.

Median Sales Price i
$312,500
(Jul 2025)
-5%
year-over-year
y-o-y
  • July '25 Jul '25 $312,500
  • June '25 Jun '25 $336,200
  • May '25 May '25 $352,500
  • April '25 Apr '25 $320,000
  • March '25 Mar '25 $289,900
  • February '25 Feb '25 $327,000
  • January '25 Jan '25 $315,000
  • December '24 Dec '24 $302,000
  • November '24 Nov '24 $325,000
  • October '24 Oct '24 $288,387
  • September '24 Sep '24 $510,000
  • August '24 Aug '24 $319,900
Median Down Payment i
$30,000
(Jul 2025)
-21.6%
year-over-year
y-o-y
  • July '25 Jul '25 $30,000
  • June '25 Jun '25 $37,400
  • May '25 May '25 $95,000
  • April '25 Apr '25 $57,600
  • March '25 Mar '25 $24,050
  • February '25 Feb '25 $44,445
  • January '25 Jan '25 $51,000
  • December '24 Dec '24 $15,675
  • November '24 Nov '24 $28,500
  • October '24 Oct '24 $47,695
  • September '24 Sep '24 $101,250
  • August '24 Aug '24 $30,000
Number of Homes Sold i
39
(Jul 2025)
+39.3%
year-over-year
y-o-y
  • July '25 Jul '25 39
  • June '25 Jun '25 52
  • May '25 May '25 28
  • April '25 Apr '25 29
  • March '25 Mar '25 31
  • February '25 Feb '25 19
  • January '25 Jan '25 35
  • December '24 Dec '24 25
  • November '24 Nov '24 16
  • October '24 Oct '24 24
  • September '24 Sep '24 19
  • August '24 Aug '24 33
Number of Purchase Loans i
32
(Jul 2025)
+68.4%
year-over-year
y-o-y
  • July '25 Jul '25 32
  • June '25 Jun '25 35
  • May '25 May '25 20
  • April '25 Apr '25 23
  • March '25 Mar '25 27
  • February '25 Feb '25 15
  • January '25 Jan '25 31
  • December '24 Dec '24 23
  • November '24 Nov '24 12
  • October '24 Oct '24 22
  • September '24 Sep '24 13
  • August '24 Aug '24 28
Number of REFI Loans i
13
(Jul 2025)
+44.4%
year-over-year
y-o-y
  • July '25 Jul '25 13
  • June '25 Jun '25 18
  • May '25 May '25 13
  • April '25 Apr '25 10
  • March '25 Mar '25 12
  • February '25 Feb '25 7
  • January '25 Jan '25 14
  • December '24 Dec '24 19
  • November '24 Nov '24 13
  • October '24 Oct '24 6
  • September '24 Sep '24 10
  • August '24 Aug '24 18
Number of HELOC Loans i
14
(Jul 2025)
+250%
year-over-year
y-o-y
  • July '25 Jul '25 14
  • June '25 Jun '25 11
  • May '25 May '25 6
  • April '25 Apr '25 7
  • March '25 Mar '25 7
  • February '25 Feb '25 5
  • January '25 Jan '25 6
  • December '24 Dec '24 7
  • November '24 Nov '24 8
  • October '24 Oct '24 10
  • September '24 Sep '24 10
  • August '24 Aug '24 8

Memphis, TN 38119 Foreclosure Activity

There were a total of 3 Memphis, TN 38119 properties with a foreclosure filing in July 2025.

Total Foreclosure Filings i
3
(Jul 2025)
  • July '25 Jul '25 3
  • June '25 Jun '25 N/A
  • May '25 May '25 1
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 1
  • January '25 Jan '25 1
  • December '24 Dec '24 1
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
Foreclosure Starts i
3
(Jul 2025)
  • July '25 Jul '25 3
  • June '25 Jun '25 N/A
  • May '25 May '25 1
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 1
  • January '25 Jan '25 1
  • December '24 Dec '24 1
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
Completed Foreclosures (REOs) i
  • July '25 Jul '25 N/A
  • June '25 Jun '25 1
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • 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
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