Median home value in zip code 38637 (Horn Lake, MS) is $198,965, down 0.3% year over year. Part of the Memphis, TN-MS-AR metropolitan area.

Home Value$198,965

YoY Change

-0.3%

Prices falling — better for buyers.

Affordability

Enter your income for 38637 (Horn Lake).

Income (annual)

Down Payment

$39,793 on $198,965

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

Affordable22.8% of income

Under the 28% guideline.

PITI$1,425

P/I22.8%

Afford$244K

Room+$45K

P&I $1,006Tax $186Ins $233

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

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

Metro Analysis

38637 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.