38126
Memphis, Tennessee.
Memphis, Shelby County, TN · Memphis, TN-MS-AR metro · population 5,946
to buy the typical home at today's mortgage rate — +$254 (+202%) since Jan 2020.
- 1 year
- Up $1,555 +2%
- $70,858$72,413 since Sep 2025
- 5 years
- Up $18,286 +34%
- $54,127$72,413 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.
- 38126$380
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in zip 38126 rose 2.2% over the past year — faster 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.
Typical home value — 38126
Mid-tier homes, smoothed and seasonally adjusted.
- 38126$72,413
- 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 |
|---|---|---|---|---|---|
| 1.7 | 38105 | Memphis | 5,534 | $1,101 | $107,372 |
| 1.9 | 38106 | Memphis | 20,962 | $908 | $54,692 |
| 1.9 | 38103 | Memphis | 14,534 | $1,538 | $319,364 |
| 2.3 | 38104 | Memphis | 22,634 | $1,265 | $248,684 |
| 3.2 | 38107 | Memphis | 13,912 | $1,227 | $103,875 |
| 3.9 | 38114 | Memphis | 20,298 | $929 | $70,758 |
| 4.1 | 38112 | Memphis | 16,809 | $1,233 | $120,382 |
| 5.7 | 38108 | Memphis | 17,562 | $1,085 | $66,545 |
| 5.7 | 38111 | Memphis | 41,934 | $1,280 | $130,811 |
| 6.8 | 38116 | Memphis | 40,061 | $928 | $151,252 |
| 7.2 | 38122 | Memphis | 26,021 | $1,119 | $120,792 |
| 7.6 | 72301 | West Memphis | 23,959 | $1,200 | $131,658 |
| 7.8 | 38127 | Memphis | 39,541 | $1,085 | $86,555 |
| 7.9 | 38117 | Memphis | 25,776 | $1,466 | $264,140 |
| 8.2 | 38109 | Memphis | 42,452 | $1,151 | $87,744 |
| 9.0 | 38118 | Memphis | 39,107 | $1,178 | $120,452 |
| 9.6 | 38128 | Memphis | 42,162 | $1,198 | $143,481 |
| 10.0 | 72364 | Marion | 16,034 | $1,105 | $238,873 |
| 10.8 | 38120 | Memphis | 13,309 | $1,563 | $422,325 |
| 10.9 | 38134 | Memphis | 43,947 | $1,206 | $222,769 |
| 11.3 | 38115 | Memphis | 38,491 | $1,029 | $160,944 |
| 11.6 | 38671 | Southaven | 37,319 | $1,505 | $233,503 |
| 11.6 | 38119 | Memphis | 23,464 | $1,472 | $288,176 |
| 12.2 | 38637 | Horn Lake | 26,647 | $1,485 | $201,738 |
| 12.8 | 38680 | Walls | 6,839 | $1,667 | $260,300 |
| 13.2 | 38141 | Memphis | 23,952 | $1,570 | $188,113 |
| 13.4 | 38135 | Memphis | 30,317 | $1,799 | $294,757 |
| 14.1 | 38138 | Germantown | 25,167 | $2,259 | $429,441 |
| 14.2 | 38672 | Southaven | 16,436 | $2,304 | $334,790 |
| 15.3 | 38133 | Memphis | 21,278 | $1,648 | $271,021 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.