What the Pros Know
Market Snapshot
Zip Code 38016 | Shelby County, TN
46,394
Population
YoY
202234.2
Median Age
YoY
2022$72,749
Median Household Income
YoY
2022$304,000
Median Sale Price
1.1% MoM
1.9% YoY
7/2024130
Homes Sold
0.0% MoM
25.3% YoY
7/20240.9
Months Inventory
6.5% MoM
76.9% YoY
7/202439
Days on Market
100 MoM
0 YoY
7/2024115
Listings
8.7% MoM
30.7% YoY
7/202498.4%
Sale Price to List Price
0.3% MoM
0.6% YoY
7/2024
See 38016 on Zillow
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.