Zip lookup · TN

38105
Memphis, Tennessee.

Memphis, Shelby County, TN · Memphis, TN-MS-AR metro · population 5,534

What it costs per month · 38105 $564/mo

to buy the typical home at today's mortgage rate — +$390 (+224%) since Jan 2020.

What the home itself did
1 year
Down $605 -1%
$107,977$107,372 since Sep 2025
5 years
Up $22,881 +27%
$84,491$107,372 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 38105 $564 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 38105$564
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 14 years.

Typical home values in zip 38105 fell 0.6% over the past year — slower than the nation's +1.2%.

Zillow also publishes an index for the city itself: Memphis, TN — measured over the city limits, which is a different area from this zip.

Asking rent $1,101 as of Sep 2026
Typical home value $107,372 as of Sep 2026
-0.6%year on year

Asking rent — 38105

Against the Memphis, TN-MS-AR metro and the national benchmark.

$1,200 $1,400 $1,600 $1,800 2026 38105 $1,101 Memphis $1,393 United States $1,932
$1,200 $1,400 $1,600 $1,800 2026
  • 38105$1,101
  • Memphis$1,393
  • United States$1,932

Typical home value — 38105

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 38105 $107,372 Memphis $242,102 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 38105$107,372
  • Memphis$242,102
  • United States$366,157

Within 20 miles

Showing 30 of 38 zips in range — sorting picks from all 38.

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
1.1 38103 Memphis 14,534 $1,538 $319,364
1.5 38107 Memphis 13,912 $1,227 $103,875
1.7 38126 Memphis 5,946 — $72,413
2.2 38104 Memphis 22,634 $1,265 $248,684
3.3 38112 Memphis 16,809 $1,233 $120,382
3.5 38106 Memphis 20,962 $908 $54,692
4.4 38108 Memphis 17,562 $1,085 $66,545
4.7 38114 Memphis 20,298 $929 $70,758
5.9 38111 Memphis 41,934 $1,280 $130,811
6.1 38127 Memphis 39,541 $1,085 $86,555
6.4 38122 Memphis 26,021 $1,119 $120,792
7.8 38117 Memphis 25,776 $1,466 $264,140
8.1 38128 Memphis 42,162 $1,198 $143,481
8.2 72301 West Memphis 23,959 $1,200 $131,658
8.4 38116 Memphis 40,061 $928 $151,252
9.5 72364 Marion 16,034 $1,105 $238,873
9.9 38109 Memphis 42,452 $1,151 $87,744
9.9 38118 Memphis 39,107 $1,178 $120,452
10.1 38134 Memphis 43,947 $1,206 $222,769
10.5 38120 Memphis 13,309 $1,563 $422,325
11.8 38115 Memphis 38,491 $1,029 $160,944
11.8 38119 Memphis 23,464 $1,472 $288,176
12.1 38135 Memphis 30,317 $1,799 $294,757
13.1 38671 Southaven 37,319 $1,505 $233,503
13.6 38053 Millington 25,303 $1,533 $239,859
13.8 38141 Memphis 23,952 $1,570 $188,113
13.9 38637 Horn Lake 26,647 $1,485 $201,738
14.1 38138 Germantown 25,167 $2,259 $429,441
14.2 38133 Memphis 21,278 $1,648 $271,021
14.5 38680 Walls 6,839 $1,667 $260,300

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.