Median home value in zip code 38128 (Memphis, TN) is $146K, down 0.2% 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$145,958

YoY Change

-0.2%

AFFORDABILITY

Enter your income for 38128 (Memphis).

Income (annual)

Down Payment

$29,192 on $145,958

Affordable — 16.7% of income

Under the 28% guideline.

PITI$1,041

P/I16.7%

Afford$245K

Room+$99K

P&I $738Tax $136Ins $167

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

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

Metro Analysis

38128 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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