What the Pros Know
Market Snapshot
Zip Code 38120 | Shelby County, TN
13,554
Population
YoY
202246.7
Median Age
YoY
2022$112,700
Median Household Income
YoY
2022$447,250
Median Sale Price
6.8% MoM
3.2% YoY
7/202478
Homes Sold
12.4% MoM
44.4% YoY
7/20241.1
Months Inventory
5.4% MoM
17.7% YoY
7/202445
Days on Market
500 MoM
1100 YoY
7/202485
Listings
6.6% MoM
70.0% YoY
7/202497.9%
Sale Price to List Price
0.2% 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.