What the Pros Know
Market Snapshot
Zip Code 38111 | Shelby County, TN
42,322
Population
YoY
202233.3
Median Age
YoY
2022$50,151
Median Household Income
YoY
2022$180,000
Median Sale Price
7.0% MoM
5.3% YoY
6/2025145
Homes Sold
5.1% MoM
7.6% YoY
6/20251.1
Months Inventory
11.7% MoM
32.2% YoY
6/202529
Days on Market
0 MoM
16 YoY
6/2025154
Listings
7.2% MoM
13.5% YoY
6/2025143
Price per Sq Ft
4.2% MoM
6.4% YoY
6/2025
See 38111 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.