Median home value in zip code 38107 (Memphis, TN) is $106,788, down 8.5% year over year. Part of the Memphis, TN-MS-AR metropolitan area.

Home Value$106,788

YoY Change

-8.5%

Prices falling — better for buyers.

Affordability

Enter your income for 38107 (Memphis).

Income (annual)

Down Payment

$21,358 on $106,788

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

Affordable12.9% of income

Under the 28% guideline.

PITI$806

P/I12.9%

Afford$232K

Room+$125K

P&I $540Tax $100Ins $167

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

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

Metro Analysis

38107 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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