What the Pros Know
Market Snapshot
Zip Code 38109 | Shelby County, TN
45,204
Population
YoY
202239.5
Median Age
YoY
2022$35,018
Median Household Income
YoY
2022$98,300
Median Sale Price
3.6% MoM
0.8% YoY
6/202574
Homes Sold
9.8% MoM
16.9% YoY
6/20251.8
Months Inventory
30.8% MoM
75.1% YoY
6/202536
Days on Market
20 MoM
12 YoY
6/2025131
Listings
18.0% MoM
26.0% YoY
6/202582
Price per Sq Ft
0.4% MoM
1.6% YoY
6/2025
See 38109 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.