38016 Homes for Sale in Memphis, TN & Real Estate

Countrywood, Shelby
$285,000
For Sale
5
Bed
3
Bath
Townhouse, Updated 10 hours ago
$3,433 / mo
Expenses
No data
Cap Rate
Listed Apr 16th, 2021
$219,999
For Sale
3
Bed
2
Bath
House, Updated 1 day ago
No data
Expenses
No data
Cap Rate
Phone Number: to 9018576860
Gray's Creek, East Central Shelby, Shelby
$225,000
For Sale
4
Bed
2.5
Bath
House, Updated 11 hours ago
No data
Expenses
No data
Cap Rate
Listed Apr 16th, 2021
$325,000
For Sale
4
Bed
2.5
Bath
House, Updated 1 day ago
No data
Expenses
No data
Cap Rate
Listed Apr 15th, 2021
$179,900
For Sale
3
Bed
2
Bath
House, Updated 2 days ago
$2,175 / mo
Expenses
No data
Cap Rate
Listed Apr 15th, 2021
$329,900
For Sale
5
Bed
3
Bath
House, Updated 1 day ago
No data
Expenses
No data
Cap Rate
Back on Market
Woodchase Homeowners Assn., Shelby
$413,800
For Sale
5
Bed
4.5
Bath
House, Updated 1 day ago
No data
Expenses
No data
Cap Rate
Phone Number: to 9017568100
Countrywood, Shelby
$234,900
For Sale
4
Bed
2.5
Bath
House, Updated 2 days ago
$2,642 / mo
Expenses
No data
Cap Rate
Listed Apr 15th, 2021
$275,000
For Sale
4
Bed
2
Bath
House, Updated 2 days ago
$3,145 / mo
Expenses
No data
Cap Rate
Listed Apr 15th, 2021
$230,000
For Sale
3
Bed
2
Bath
House, Updated 1 day ago
No data
Expenses
No data
Cap Rate
Listed Apr 15th, 2021
$125,000
For Sale
2
Bed
2
Bath
Townhouse, Updated 2 days ago
$1,211 / mo
Expenses
No data
Cap Rate
Listed Apr 15th, 2021
$199,000
For Sale
3
Bed
2
Bath
House, Updated 2 days ago
$1,927 / mo
Expenses
No data
Cap Rate
Listed Apr 15th, 2021
Gray's Creek, East Central Shelby, Shelby
$189,900
For Sale
3
Bed
2
Bath
House, Updated 2 days ago
$2,108 / mo
Expenses
No data
Cap Rate
Listed Apr 15th, 2021
Countrywood, Shelby
$379,500
For Sale
4
Bed
2.5
Bath
House, Updated 3 days ago
$4,390 / mo
Expenses
-8.21%
Cap Rate
Price dropped $16,000
Gray's Creek, East Central Shelby, Shelby
$975,000
For Sale
5
Bed
5.5
Bath
House, Updated 1 week ago
$8,333 / mo
Expenses
-7.18%
Cap Rate
Price dropped $20,000
Chapel Creek, Shelby
$550,000
For Sale
5
Bed
4.5
Bath
House, Updated 4 weeks ago
$9,004 / mo
Expenses
-14.19%
Cap Rate
Listed Mar 15th, 2021
Gray's Creek, East Central Shelby, Shelby
$34,900
For Sale
Land, Updated 9 weeks ago
$403 / mo
Expenses
No data
Cap Rate
Back on Market
$70,000
For Sale
Land, Updated 22 weeks ago
$8,725 / mo
Expenses
No data
Cap Rate
Back on Market
Gray's Creek, East Central Shelby, Shelby
$115,000
For Sale
Land, Updated 22 weeks ago
$1,263 / mo
Expenses
No data
Cap Rate
Back on Market
Countrywood, Shelby
$2,000,000
For Sale
Commercial, Updated 31 weeks ago
No data
Expenses
No data
Cap Rate
Bedrooms: 0 to -1
Alliance of Cordova Neighborhoods, Shelby
$143,000
For Sale
Land, Updated 35 weeks ago
No data
Expenses
No data
Cap Rate
Price increased $13,000
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United States   ›   Tennessee   ›   Memphis   ›   38016
Largest Recent Price Drops
7873 DEER TRAIL -$15,000 (-6.0%)
2641 COUNTRYWOOD -$16,000 (-4.0%)
7491 KRISTYWOOD -$50 (-0.0%)
38016 currently has 16 residential homes for sale on the market. The median list price is $254,950 or $0 / ft². These listings range from $214,749 in the lower quartile to $342,300 in the upper quartile. The average home currently for sale in 38016 is around 27 years old and 0 ft². There are currently 0 studio, 0 one-bedroom, 1 two-bedroom, 5 three-bedroom, and 10 four+ bedroom listings for sale.
A more detailed breakdown of sizes and prices is below:
Median
Bedrooms Price Price / ft²
2 BR $125,000 $0
3 BR $199,000 $0
4+ BR $327,450 $0

Out of the 16 listings that are currently on the market, there are 0 condos, 14 houses, 2 townhouses, and 0 multifamilies. Our real-time inventory refreshes every hour, so that you see the best new inventory available on the market.

This search area is located within 38016. 38016 has 46,763 residents in 18,171 households. The median age of this zipcode is 34.1 with a majority of inhabitants unmarried. At least 54.44% of those living in this zipcode currently own their homes. Roughly 8.75% of population here speak a language other than English at home.

The median income in this zipcode is $68,487, with an employment rate of 71.9%. It tends to take those living in 38016 an average of 26.3 minutes to get to work, with a majority commuting by car. Out of the total population of those 25 and older, 13.97% have a master’s or above, 26.86% have a bachelor’s, and 17.93% have a high school degree.

More broadly, 38016 is a part of Shelby County, Tennessee. Shelby County, Tennessee has around 936,990 residents, or 349,956 households with a median age of 35.1. Residents in this county have a median income of $46,854 and a home ownership rate of 56.19%.

Finally, Shelby County, Tennessee is a part of the greater Memphis, TN - MS - AR Urban Area. The Memphis, TN - MS - AR Urban Area has a population of 1,074,615 across 400,028 households. The median age of the urban area is 34.8. Those living in this urban area have a median income of $47,101 and a home ownership rate of 56.72%.

Searching on Zillow 38016, Trulia, or Realtor.com? RealtyHop has the most comprehensive mortgage and property record data to help you make the best buying decision.

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