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$95,000
Median Sale Price
1.1% MoM
12.4% YoY
7/202493
Homes Sold
2.2% MoM
6.1% YoY
7/20241.1
Months Inventory
7.4% MoM
12.6% YoY
7/202452
Days on Market
200 MoM
500 YoY
7/2024101
Listings
6.3% MoM
18.5% YoY
7/202493.6%
Sale Price to List Price
1.2% MoM
2.6% 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.