What the Pros Know
Market Snapshot
Zip Code 38118 | Shelby County, TN
39,373
Population
YoY
202228.8
Median Age
YoY
2022$41,830
Median Household Income
YoY
2022$129,850
Median Sale Price
6.4% MoM
8.7% YoY
7/202470
Homes Sold
7.7% MoM
2.8% YoY
7/20240.5
Months Inventory
6.1% MoM
53.7% YoY
7/202427
Days on Market
100 MoM
100 YoY
7/202436
Listings
0.0% MoM
55.0% YoY
7/202496.5%
Sale Price to List Price
5.0% MoM
0.1% YoY
7/2024
See 38118 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.