What the Pros Know
Market Snapshot
Zip Code 38106 | Shelby County, TN
23,140
Population
YoY
202241.9
Median Age
YoY
2022$29,098
Median Household Income
YoY
2022$47,950
Median Sale Price
11.2% MoM
33.6% YoY
6/202534
Homes Sold
9.7% MoM
10.5% YoY
6/20252.6
Months Inventory
24.9% MoM
88.3% YoY
6/202564
Days on Market
1 MoM
22 YoY
6/202589
Listings
17.6% MoM
29.0% YoY
6/202544
Price per Sq Ft
33.3% MoM
4.1% YoY
6/2025
See 38106 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.