Median home value in zip code 38103 (Memphis, TN) is $325K, down 5.0% year over year. Part of the Memphis, TN-MS-AR metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: Memphis, TN-MS-AR metro →

Home Value$325,455

YoY Change

-5.0%

AFFORDABILITY

Enter your income for 38103 (Memphis).

Income (annual)

Down Payment

$65,091 on $325,455

Stretch — 33.9% of income

Above 28% but manageable with cuts.

PITI$2,116

P/I33.9%

Afford$269K

Gap-$56K

P&I $1,646Tax $304Ins $167

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

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

Metro Analysis

38103 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.

View Memphis, TN-MS-AR analysis

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