Median home value in zip code 38109 (Memphis, TN) is $92K, down 6.5% 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$92,218

YoY Change

-6.5%

AFFORDABILITY

Enter your income for 38109 (Memphis).

Income (annual)

Down Payment

$18,444 on $92,218

Affordable — 11.5% of income

Under the 28% guideline.

PITI$719

P/I11.5%

Afford$224K

Room+$132K

P&I $466Tax $86Ins $167

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

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

Metro Analysis

38109 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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