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$93,000
Median Sale Price
4.2% MoM
17.7% YoY
6/202595
Homes Sold
5.6% MoM
16.7% YoY
6/20252.3
Months Inventory
5.3% MoM
36.9% YoY
6/202538
Days on Market
5 MoM
22 YoY
6/2025214
Listings
0.0% MoM
64.6% YoY
6/202580
Price per Sq Ft
8.9% MoM
2.6% YoY
6/2025
See 38127 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.