Real Estate & Homes For Sale in 38016
123 homes
Use arrow keys to navigateNEW - 2 MIN AGO10.24 ACRESFoundation Property Management, MAAR
Use arrow keys to navigateNEW - 6 HRS AGOWare Jones, REALTORS, MAAR
Use arrow keys to navigateNEWOPEN SAT, 1-3PM0.28 ACRESCompass RE, MAAR
Use arrow keys to navigateNEW - 20 HRS AGO0.38 ACRESKeller Williams, MAAR
Use arrow keys to navigateNEW - 20 HRS AGO0.26 ACRESRenshaw Company, REALTORS, MAAR
Use arrow keys to navigate0.33 ACRES
Use arrow keys to navigateNEW - 1 DAY AGO0.28 ACRESPremier Realty Group, LLC, MAAR
NEW - 1 DAY AGOSmall Town Hunting Properties, MAAR
NEW - 1 DAY AGO0.36 ACRESBanyan Tree, REALTORS, MAAR
NEW - 1 DAY AGOWestin Properties, LLC, MAAR
NEW - 2 DAYS AGOUnited Real Estate Mid South, MAAR
OPEN SAT, 2-4PMeXp Realty, LLC, MAAR
1.1 ACRESKeller Williams, MAAR
0.28 ACRESCrye-Leike, Inc., REALTORS, MAAR
0.28 ACRESeXp Realty, LLC, MAAR
BEST Real Estate Company, MAAR
3D VIEWZach Taylor Real Estate, MAAR
0.4 ACRESReed & Associates of Tenn, LLC, MAAR
BEST Real Estate Company, MAAR
Memphis Property Management Pr, MAAR
Crye-Leike, Inc., REALTORS, MAAR
0.36 ACRESPremier Realty Group, LLC, MAAR
Weichert, REALTORS-BenchMark, MAAR
Weichert, REALTORS-BenchMark, MAAR
AUCTION0.34 ACRES
3.35 ACRESKeller Williams, MAAR
0.34 ACRESWeichert REALTOR-SPM, MAAR
38016 Real Estate Trends
Learn about the 38016 housing market through trends and averages.Affordability of Living in 38016
The median home value is $295,660
| Month | Median home value |
|---|---|
| May 2025 | $301k |
| June 2025 | $300k |
| July 2025 | $300k |
| August 2025 | $299k |
| September 2025 | $299k |
| October 2025 | $298k |
| November 2025 | $298k |
| December 2025 | $298k |
| January 2026 | $297k |
| February 2026 | $296k |
| March 2026 | $296k |
| April 2026 | $296k |
Trends and affordability stats are provided by third party data sources.
Average Home Value in 38016, by Home Size
| Home Size | Home Value* |
|---|---|
| 2 bedrooms (See homes) | $184,900 |
| 3 bedrooms (See homes) | $265,465 |
| 4 bedrooms (See homes) | $331,249 |
Based on information submitted to the MLS GRID as of 2026-06-04 23:43:12 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.
Some or all of the listings displayed may not belong to the firm whose website is being visited.
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.