Median home value in zip code 38134 (Memphis, TN) is $222,235, up 0.4% year over year. Part of the Memphis, TN-MS-AR metropolitan area.

Home Value$222,235

YoY Change

+0.4%

Prices rising — worse for buyers.

Affordability

Enter your income for 38134 (Memphis).

Income (annual)

Down Payment

$44,447 on $222,235

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

Affordable24% of income

Under the 28% guideline.

PITI$1,498

P/I24%

Afford$260K

Room+$37K

P&I $1,124Tax $207Ins $167

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

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

Metro Analysis

38134 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

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.