What the Pros Know
Market Snapshot
Zip Code 38127 | Shelby County, TN
40,565
Population
YoY
202231.4
Median Age
YoY
2022$34,781
Median Household Income
YoY
2022$92,500
Median Sale Price
4.6% MoM
2.8% YoY
7/202483
Homes Sold
13.5% MoM
22.4% YoY
7/20242.0
Months Inventory
22.3% MoM
46.1% YoY
7/202448
Days on Market
50 MoM
1250 YoY
7/2024167
Listings
1.8% MoM
14.4% YoY
7/202494.5%
Sale Price to List Price
0.1% MoM
1.3% 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.