Median home value in zip code 38138 (Germantown, TN) is $429K, down 1.1% 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$429,407

YoY Change

-1.1%

AFFORDABILITY

Enter your income for 38138 (Germantown).

Income (annual)

Down Payment

$85,881 on $429,407

Out of reach — 43.8% of income

Need $117,386/yr to afford.

PITI$2,739

P/I43.8%

Afford$274K

Gap-$155K

P&I $2,171Tax $401Ins $167

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

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

Metro Analysis

38138 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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