What the Pros Know
Market Snapshot
Zip Code 38114 | Shelby County, TN
22,112
Population
YoY
202241.4
Median Age
YoY
2022$29,492
Median Household Income
YoY
2022$80,976
Median Sale Price
1.8% MoM
35.0% YoY
7/202453
Homes Sold
3.6% MoM
17.8% YoY
7/20241.6
Months Inventory
3.6% MoM
21.5% YoY
7/202462
Days on Market
750 MoM
900 YoY
7/202486
Listings
3.6% MoM
6.5% YoY
7/202492.8%
Sale Price to List Price
0.6% MoM
2.3% 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.