Median home value in zip code 38049 (, TN) is $225,324, up 4.2% year over year. Part of the Memphis, TN-MS-AR metropolitan area.

Home Value$225,324

YoY Change

+4.2%

Prices rising — worse for buyers.

Affordability

Enter your income for 38049 (null).

Income (annual)

Down Payment

$45,065 on $225,324

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

Affordable24.3% of income

Under the 28% guideline.

PITI$1,516

P/I24.3%

Afford$260K

Room+$35K

P&I $1,139Tax $210Ins $167

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

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

Metro Analysis

38049 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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