Memphis, TN 38141 Real Estate & Property Data

Memphis, TN 38141 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 315 residential properties have been sold over the past 12 months in 38141. With a median sales price of $200,000 in 38141 and a total of 2 foreclosures in Memphis, TN 38141. Discover market trends and get the granular level real estate data for Memphis, TN 38141 to keep your pulse on the housing market. Curate compelling home reports for Memphis, TN 38141 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Memphis, TN 38141 Real Estate Market Trends
Total Residential Properties 7,803
Total Commercial Properties 75
Avg. Home Age (Single Family Home) 40 Years
Avg. Square Feet (Single Family Home) 1,570
Total 2025 Residential Sales (year-to-date) 45
% of Homes Seriously Underwater (Q2 2025) 1.85%
Total 2024 Residential Sales 296
% of Equity Rich Homes (Q2 2025) 41.39%
Effective 2024 Property Tax 0.94%
Total Foreclosure Filings (year-to-date) 7
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Memphis, TN 38141 Real Estate Overview

There were 315 residential properties sold in the past year in Memphis, TN 38141. The median home value in Memphis, TN 38141 is $180,833. There are a total of 7,803 residential properties in the 38141.

Median Sales Price i
$200,000
(Feb 2025)
+4.7%
year-over-year
y-o-y
  • February '25 Feb '25 $200,000
  • January '25 Jan '25 $220,000
  • December '24 Dec '24 $193,000
  • November '24 Nov '24 $210,499
  • October '24 Oct '24 $189,900
  • September '24 Sep '24 $145,000
  • August '24 Aug '24 $215,000
  • July '24 Jul '24 $220,000
  • June '24 Jun '24 $245,000
  • May '24 May '24 $182,000
  • April '24 Apr '24 $195,950
  • March '24 Mar '24 $198,000
Median Down Payment i
$60,225
(Feb 2025)
+898.8%
year-over-year
y-o-y
  • February '25 Feb '25 $60,225
  • January '25 Jan '25 $58,175
  • December '24 Dec '24 $46,750
  • November '24 Nov '24 $4,438
  • October '24 Oct '24 $37,375
  • September '24 Sep '24 $52,500
  • August '24 Aug '24 $14,132
  • July '24 Jul '24 $42,000
  • June '24 Jun '24 $17,446
  • May '24 May '24 $79,000
  • April '24 Apr '24 $39,000
  • March '24 Mar '24 $49,500
Number of Homes Sold i
20
(Feb 2025)
-13%
year-over-year
y-o-y
  • February '25 Feb '25 20
  • January '25 Jan '25 25
  • December '24 Dec '24 29
  • November '24 Nov '24 14
  • October '24 Oct '24 33
  • September '24 Sep '24 14
  • August '24 Aug '24 27
  • July '24 Jul '24 23
  • June '24 Jun '24 28
  • May '24 May '24 25
  • April '24 Apr '24 31
  • March '24 Mar '24 23
Number of Purchase Loans i
11
(Feb 2025)
+37.5%
year-over-year
y-o-y
  • February '25 Feb '25 11
  • January '25 Jan '25 14
  • December '24 Dec '24 20
  • November '24 Nov '24 10
  • October '24 Oct '24 22
  • September '24 Sep '24 7
  • August '24 Aug '24 16
  • July '24 Jul '24 23
  • June '24 Jun '24 18
  • May '24 May '24 14
  • April '24 Apr '24 14
  • March '24 Mar '24 10
Number of REFI Loans i
18
(Feb 2025)
+28.6%
year-over-year
y-o-y
  • February '25 Feb '25 18
  • January '25 Jan '25 19
  • December '24 Dec '24 13
  • November '24 Nov '24 26
  • October '24 Oct '24 19
  • September '24 Sep '24 27
  • August '24 Aug '24 22
  • July '24 Jul '24 18
  • June '24 Jun '24 21
  • May '24 May '24 14
  • April '24 Apr '24 24
  • March '24 Mar '24 14
Number of HELOC Loans i
6
(Feb 2025)
-14.3%
year-over-year
y-o-y
  • February '25 Feb '25 6
  • January '25 Jan '25 1
  • December '24 Dec '24 6
  • November '24 Nov '24 1
  • October '24 Oct '24 3
  • September '24 Sep '24 1
  • August '24 Aug '24 2
  • July '24 Jul '24 7
  • June '24 Jun '24 5
  • May '24 May '24 8
  • April '24 Apr '24 N/A
  • March '24 Mar '24 3

Memphis, TN 38141 Real Estate Market Overview

Last 30 days
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  • Street
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Memphis, TN 38141 Foreclosure Activity

There were a total of 2 Memphis, TN 38141 properties with a foreclosure filing in February 2025.

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