What the Pros Know
Market Snapshot
Zip Code 38112 | Shelby County, TN
16,334
Population
YoY
202233
Median Age
YoY
2022$49,560
Median Household Income
YoY
2022$235,000
Median Sale Price
23.7% MoM
9.6% YoY
7/202444
Homes Sold
6.4% MoM
2.2% YoY
7/20241.8
Months Inventory
2.9% MoM
29.9% YoY
7/202462
Days on Market
0 MoM
1850 YoY
7/202480
Listings
14.9% MoM
27.0% YoY
7/202493.6%
Sale Price to List Price
0.9% MoM
3.2% 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.