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Memphis, TN 38115 Real Estate & Property Data

Memphis, TN 38115 Real Estate Market Trends

Last Updated: April 28, 2024

A total of 387 residential properties have been sold over the past 12 months in 38115. With a median sales price of $205,000 in 38115 and a total of 5 foreclosures in Memphis, TN 38115. Discover market trends and get the granular level real estate data for Memphis, TN 38115 to keep your pulse on the housing market. Curate compelling home reports for Memphis, TN 38115 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Memphis, TN 38115 Real Estate Market Trends

Get property data for any address in Memphis, TN 38115 or the country:

Total Residential Properties 7,026

Total Commercial Properties 543

Avg. Home Age (Single Family Home) 50 Years

Avg. Square Feet (Single Family Home) 1,780

Total 2024 Residential Sales (year-to-date) 54

% of Homes Seriously Underwater (Q2 2024) 1.34%

Total 2023 Residential Sales 360

% of Equity Rich Homes (Q2 2024) 35.76%

Effective 2023 Property Tax 1.19%

Total Foreclosure Filings (year-to-date) 6

Memphis, TN 38115 Real Estate Overview

There were 387 residential properties sold in the past year in Memphis, TN 38115. The median home value in Memphis, TN 38115 is $158,029. There are a total of 7,026 residential properties in the 38115.

Median Sales Price i

$205,000

(Feb 2024)

+35.8%

year-over-year

y-o-y

February '24 Feb '24 $205,000
January '24 Jan '24 $201,950
December '23 Dec '23 $215,000
November '23 Nov '23 $193,000
October '23 Oct '23 $181,500
September '23 Sep '23 $191,900
August '23 Aug '23 $210,000
July '23 Jul '23 $195,000
June '23 Jun '23 $190,500
May '23 May '23 $160,000
April '23 Apr '23 $185,000
March '23 Mar '23 $185,000

Median Down Payment i

$50,025

(Feb 2024)

February '24 Feb '24 $50,025
January '24 Jan '24 $4,692
December '23 Dec '23 $6,540
November '23 Nov '23 $56,875
October '23 Oct '23 $22,014
September '23 Sep '23 $7,500
August '23 Aug '23 $29,109
July '23 Jul '23 $7,009
June '23 Jun '23 $4,137
May '23 May '23 $40,550
April '23 Apr '23 $14,494
March '23 Mar '23 $26,144

Number of Homes Sold i

23

(Feb 2024)

+109.1%

year-over-year

y-o-y

February '24 Feb '24 23
January '24 Jan '24 31
December '23 Dec '23 20
November '23 Nov '23 36
October '23 Oct '23 37
September '23 Sep '23 33
August '23 Aug '23 29
July '23 Jul '23 23
June '23 Jun '23 48
May '23 May '23 35
April '23 Apr '23 32
March '23 Mar '23 29

Number of Purchase Loans i

13

(Feb 2024)

+333.3%

year-over-year

y-o-y

February '24 Feb '24 13
January '24 Jan '24 20
December '23 Dec '23 10
November '23 Nov '23 18
October '23 Oct '23 21
September '23 Sep '23 17
August '23 Aug '23 15
July '23 Jul '23 12
June '23 Jun '23 20
May '23 May '23 11
April '23 Apr '23 15
March '23 Mar '23 15

Number of REFI Loans i

9

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 11
December '23 Dec '23 13
November '23 Nov '23 14
October '23 Oct '23 21
September '23 Sep '23 11
August '23 Aug '23 12
July '23 Jul '23 5
June '23 Jun '23 14
May '23 May '23 16
April '23 Apr '23 3
March '23 Mar '23 19

Number of HELOC Loans i

2

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 6
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 4
July '23 Jul '23 1
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 N/A
March '23 Mar '23 2

Memphis, TN 38115 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2
3
4

Memphis, TN 38115 Foreclosure Activity

There were a total of 5 Memphis, TN 38115 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

5

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 1
December '23 Dec '23 3
November '23 Nov '23 1
October '23 Oct '23 2
September '23 Sep '23 2
August '23 Aug '23 4
July '23 Jul '23 1
June '23 Jun '23 4
May '23 May '23 N/A
April '23 Apr '23 3
March '23 Mar '23 N/A

Foreclosure Starts i

5

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 1
December '23 Dec '23 3
November '23 Nov '23 1
October '23 Oct '23 2
September '23 Sep '23 2
August '23 Aug '23 4
July '23 Jul '23 1
June '23 Jun '23 4
May '23 May '23 N/A
April '23 Apr '23 3
March '23 Mar '23 N/A

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 1

Nearby Zip Codes

1. 38103
2. 38104
3. 38105
4. 38106
5. 38107
6. 38108

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