Median home value in zip code 38105 (Memphis, TN) is $107K, down 8.8% 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$106,588

YoY Change

-8.8%

AFFORDABILITY

Enter your income for 38105 (Memphis).

Income (annual)

Down Payment

$21,318 on $106,588

Affordable — 12.9% of income

Under the 28% guideline.

PITI$805

P/I12.9%

Afford$232K

Room+$125K

P&I $539Tax $99Ins $167

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

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

Metro Analysis

38105 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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