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$190,000
Median Sale Price
0.4% MoM
32.6% YoY
7/2024143
Homes Sold
27.7% MoM
5.1% YoY
7/20241.2
Months Inventory
20.6% MoM
12.9% YoY
7/202442
Days on Market
150 MoM
150 YoY
7/2024178
Listings
0.0% MoM
17.9% YoY
7/202497.5%
Sale Price to List Price
0.3% MoM
0.6% 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.