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Memphis, TN 38122 Real Estate & Property Data

Memphis, TN 38122 Real Estate Market Trends
Last Updated: September 20, 2025

A total of 529 residential properties have been sold over the past 12 months in 38122. With a median sales price of $190,450 in 38122 and a total of 3 foreclosures in Memphis, TN 38122. Discover market trends and get the granular level real estate data for Memphis, TN 38122 to keep your pulse on the housing market. Curate compelling home reports for Memphis, TN 38122 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Memphis, TN 38122 Real Estate Market Trends
Get property data for any address in Memphis, TN 38122 or the country:
Total Residential Properties 9,266
Total Commercial Properties 395
Avg. Home Age (Single Family Home) 77 Years
Avg. Square Feet (Single Family Home) 1,252
Total 2025 Residential Sales (year-to-date) 281
% of Homes Seriously Underwater (Q3 2025) 2.17%
Total 2024 Residential Sales 529
% of Equity Rich Homes (Q3 2025) 30.68%
Effective 2024 Property Tax 1.55%
Total Foreclosure Filings (year-to-date) 15
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Memphis, TN 38122 Real Estate Overview

There were 529 residential properties sold in the past year in Memphis, TN 38122. The median home value in Memphis, TN 38122 is $117,327. There are a total of 9,266 residential properties in the 38122.

Median Sales Price i
$190,450
(Jul 2025)
+9.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 $190,450
  • June '25 Jun '25 $174,800
  • May '25 May '25 $155,450
  • April '25 Apr '25 $132,500
  • March '25 Mar '25 $157,500
  • February '25 Feb '25 $123,000
  • January '25 Jan '25 $125,000
  • December '24 Dec '24 $144,900
  • November '24 Nov '24 $147,000
  • October '24 Oct '24 $150,000
  • September '24 Sep '24 $151,000
  • August '24 Aug '24 $115,000
Median Down Payment i
$30,240
(Jul 2025)
+15.2%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 $30,240
  • June '25 Jun '25 $23,350
  • May '25 May '25 $20,000
  • April '25 Apr '25 $14,095
  • March '25 Mar '25 $21,800
  • February '25 Feb '25 $24,600
  • January '25 Jan '25 $21,234
  • December '24 Dec '24 $34,000
  • November '24 Nov '24 $12,658
  • October '24 Oct '24 $20,875
  • September '24 Sep '24 $31,500
  • August '24 Aug '24 $17,000
Number of Homes Sold i
31
(Jul 2025)
-35.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 31
  • June '25 Jun '25 63
  • May '25 May '25 56
  • April '25 Apr '25 38
  • March '25 Mar '25 33
  • February '25 Feb '25 25
  • January '25 Jan '25 35
  • December '24 Dec '24 40
  • November '24 Nov '24 34
  • October '24 Oct '24 41
  • September '24 Sep '24 37
  • August '24 Aug '24 48
Number of Purchase Loans i
16
(Jul 2025)
-50%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 16
  • June '25 Jun '25 40
  • May '25 May '25 34
  • April '25 Apr '25 20
  • March '25 Mar '25 24
  • February '25 Feb '25 15
  • January '25 Jan '25 21
  • December '24 Dec '24 21
  • November '24 Nov '24 17
  • October '24 Oct '24 27
  • September '24 Sep '24 24
  • August '24 Aug '24 33
Number of REFI Loans i
9
(Jul 2025)
-30.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 9
  • June '25 Jun '25 17
  • May '25 May '25 11
  • April '25 Apr '25 11
  • March '25 Mar '25 10
  • February '25 Feb '25 13
  • January '25 Jan '25 20
  • December '24 Dec '24 14
  • November '24 Nov '24 8
  • October '24 Oct '24 9
  • September '24 Sep '24 9
  • August '24 Aug '24 9
Number of HELOC Loans i
12
(Jul 2025)
-14.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 12
  • June '25 Jun '25 10
  • May '25 May '25 2
  • April '25 Apr '25 5
  • March '25 Mar '25 4
  • February '25 Feb '25 2
  • January '25 Jan '25 4
  • December '24 Dec '24 5
  • November '24 Nov '24 1
  • October '24 Oct '24 3
  • September '24 Sep '24 1
  • August '24 Aug '24 6

Memphis, TN 38122 Real Estate Market Overview

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Memphis, TN 38122 Foreclosure Activity

There were a total of 3 Memphis, TN 38122 properties with a foreclosure filing in July 2025.

Total Foreclosure Filings i
3
(Jul 2025)
+200%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 3
  • June '25 Jun '25 1
  • May '25 May '25 2
  • April '25 Apr '25 5
  • March '25 Mar '25 N/A
  • February '25 Feb '25 2
  • January '25 Jan '25 2
  • December '24 Dec '24 3
  • November '24 Nov '24 N/A
  • October '24 Oct '24 2
  • September '24 Sep '24 2
  • August '24 Aug '24 3
Foreclosure Starts i
3
(Jul 2025)
+200%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 3
  • June '25 Jun '25 1
  • May '25 May '25 2
  • April '25 Apr '25 5
  • March '25 Mar '25 N/A
  • February '25 Feb '25 2
  • January '25 Jan '25 2
  • December '24 Dec '24 3
  • November '24 Nov '24 N/A
  • October '24 Oct '24 2
  • September '24 Sep '24 2
  • August '24 Aug '24 3
Completed Foreclosures (REOs) i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 N/A
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 1
  • 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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