38118 Homes for Sale in Memphis, TN & Real Estate

$94,900
For Sale
3
Bed
1
Bath
House, Updated 5 days ago
$909 / mo
Expenses
No data
Cap Rate
Price increased $5,000
Southeast Memphis, Shelby
$82,500
For Sale
3
Bed
2
Bath
House, Updated 5 days ago
$1,270 / mo
Expenses
No data
Cap Rate
Listed Mar 27th, 2020
$92,000
For Sale
3
Bed
2
Bath
House, Updated 5 days ago
$983 / mo
Expenses
No data
Cap Rate
Price dropped $13,000
Quince - Oakhaven-Parkway PD, Shelby
$67,000
For Sale
3
Bed
1.5
Bath
House, Updated 5 days ago
$1,020 / mo
Expenses
No data
Cap Rate
Listed Mar 26th, 2020
Quince - Oakhaven-Parkway PD, Shelby
$55,000
For Sale
3
Bed
1
Bath
House, Updated 1 week ago
$905 / mo
Expenses
No data
Cap Rate
Price dropped $10,000
Quince - Oakhaven-Parkway PD, Shelby
$52,000
For Sale
3
Bed
1
Bath
House, Updated 2 weeks ago
No data
Expenses
No data
Cap Rate
Price dropped $3,000
$110,000
For Sale
4
Bed
3
Bath
House, Updated 2 weeks ago
$1,319 / mo
Expenses
No data
Cap Rate
Listed Mar 18th, 2020
Quince - Oakhaven-Parkway PD, Shelby
$31,000
For Sale
3
Bed
1.5
Bath
Townhouse, Updated 2 weeks ago
$499 / mo
Expenses
No data
Cap Rate
Price dropped $4,000
$320,000
For Sale
Land, Updated 2 weeks ago
$2,966 / mo
Expenses
No data
Cap Rate
Listed May 8th, 2019
$75,000
For Sale
3
Bed
1.5
Bath
House, Updated 2 weeks ago
$978 / mo
Expenses
No data
Cap Rate
Listed Mar 11th, 2020
Quince - Oakhaven-Parkway PD, Shelby
$79,750
For Sale
3
Bed
2
Bath
House, Updated 2 weeks ago
No data
Expenses
No data
Cap Rate
Listed Mar 12th, 2020
Southeast Memphis, Shelby
$70,250
For Sale
3
Bed
1.5
Bath
House, Updated 2 weeks ago
No data
Expenses
No data
Cap Rate
Listed Mar 16th, 2020
Quince - Oakhaven-Parkway PD, Shelby
$159,900
For Sale
Commercial, Updated 3 weeks ago
No data
Expenses
No data
Cap Rate
Price dropped $20,000
Quince - Oakhaven-Parkway PD, Shelby
$25,000
For Sale
2
Bed
1.5
Bath
Townhouse, Updated 3 weeks ago
$731 / mo
Expenses
No data
Cap Rate
Price dropped $4,900
$80,000
For Sale
2
Bed
1
Bath
House, Updated 3 weeks ago
No data
Expenses
No data
Cap Rate
Listed Feb 13th, 2020
$87,900
For Sale
3
Bed
1
Bath
House, Updated 3 weeks ago
No data
Expenses
No data
Cap Rate
Price dropped $2,000
Southeast Memphis, Shelby
$70,000
For Sale
3
Bed
1.5
Bath
House, Updated 3 weeks ago
$1,049 / mo
Expenses
No data
Cap Rate
Listed Feb 5th, 2020
Southeast Memphis, Shelby
$79,900
For Sale
3
Bed
2.5
Bath
House, Updated 3 weeks ago
$1,437 / mo
Expenses
No data
Cap Rate
Price dropped $5,000
Southeast Memphis, Shelby
$111,900
For Sale
42
Bed
2
Bath
House, Updated 3 weeks ago
$1,339 / mo
Expenses
No data
Cap Rate
Listed Feb 14th, 2020
Southeast Memphis, Shelby
$15,000
For Sale
Land, Updated 3 weeks ago
$293 / mo
Expenses
No data
Cap Rate
Listed Jan 30th, 2020
Quince - Oakhaven-Parkway PD, Shelby
$54,000
For Sale
3
Bed
1
Bath
House, Updated 10 weeks ago
$789 / mo
Expenses
No data
Cap Rate
Listed Jan 18th, 2020
Quince - Oakhaven-Parkway PD, Shelby
$58,000
For Sale
3
Bed
1
Bath
House, Updated 10 weeks ago
$960 / mo
Expenses
No data
Cap Rate
Listed Jan 18th, 2020
Southeast Memphis, Shelby
$99,000
For Sale
3
Bed
2
Bath
House, Updated 11 weeks ago
$1,424 / mo
Expenses
No data
Cap Rate
Price dropped $6,000
$139,900
For Sale
3
Bed
2
Bath
House, Updated 18 weeks ago
No data
Expenses
No data
Cap Rate
Listed Nov 26th, 2019
Quince - Oakhaven-Parkway PD, Shelby
$74,900
For Sale
4
Bed
2
Bath
Multifamily, Updated 26 weeks ago
$1,206 / mo
Expenses
No data
Cap Rate
Listed Oct 1st, 2019
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United States   ›   Tennessee   ›   Memphis   ›   38118
Largest Recent Price Drops
3007 S PERKINS -$13,000 (-12.4%)
5566 BLOSSOM -$500 (-0.9%)
38118 currently has 30 residential homes for sale on the market. The median list price is $74,950 or $0 / ft². These listings range from $60,250 in the lower quartile to $90,975 in the upper quartile. The average home currently for sale in 38118 is around 57 years old and 0 ft². There are currently 3 studio, 0 one-bedroom, 2 two-bedroom, 22 three-bedroom, and 3 four+ bedroom listings for sale.
A more detailed breakdown of sizes and prices is below:
Median
Bedrooms Price Price / ft²
Studio $225,000 $0
2 BR $52,500 $0
3 BR $72,950 $0
4+ BR $110,000 $0

Out of the 30 listings that are currently on the market, there are 0 condos, 24 houses, 2 townhouses, and 1 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 38118. 38118 has 40,702 residents in 13,133 households. The median age of this zipcode is 29.4 with a majority of inhabitants unmarried. At least 48.06% 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 $32,141, with an employment rate of 56.2%. It tends to take those living in 38118 an average of 21.1 minutes to get to work, with a majority commuting by car. Out of the total population of those 25 and older, 2.07% have a master’s or above, 8.11% have a bachelor’s, and 35.34% have a high school degree.

More broadly, 38118 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 38118, 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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Property Taxes
Tax Year: 2018
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