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$460,000
Median Sale Price
1.1% MoM
5.7% YoY
6/202557
Homes Sold
9.5% MoM
21.9% YoY
6/20251.4
Months Inventory
6.5% MoM
34% YoY
6/202527
Days on Market
0 MoM
27 YoY
6/202579
Listings
3.7% MoM
1.3% YoY
6/2025172
Price per Sq Ft
7.6% MoM
0.9% YoY
6/2025
See 38120 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.