What the Pros Know
Market Snapshot
Zip Code 38053 | Shelby County, TN
25,556
Population
YoY
202240.2
Median Age
YoY
2022$57,012
Median Household Income
YoY
2022$255,000
Median Sale Price
5.6% MoM
2.0% YoY
7/202478
Homes Sold
18.8% MoM
4.9% YoY
7/20241.0
Months Inventory
27.5% MoM
34.9% YoY
7/202440
Days on Market
500 MoM
1200 YoY
7/202477
Listings
2.7% MoM
28.3% YoY
7/202497.8%
Sale Price to List Price
0.7% MoM
0.1% YoY
7/2024
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.