Median home value in zip code 38015 (Gilt Edge, TN) is $221,628, up 1.2% year over year. Part of the Memphis, TN-MS-AR metropolitan area.

Home Value$221,628

YoY Change

+1.2%

Prices rising — worse for buyers.

Affordability

Enter your income for 38015 (Gilt Edge).

Income (annual)

Down Payment

$44,326 on $221,628

Example: $75,000 household income. Change it above to see your own.

Affordable23.9% of income

Under the 28% guideline.

PITI$1,494

P/I23.9%

Afford$260K

Room+$38K

P&I $1,121Tax $207Ins $167

6.50% 30yr, 20% down, county tax + TN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

38015 is part of the Memphis, TN-MS-AR metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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