Real Estate & Homes For Sale in 38118
93 homes
Use arrow keys to navigateNEW - 2 MIN AGO0.37 ACRESCrye-Leike, Inc., REALTORS, MAAR
Use arrow keys to navigateNEW - 2 DAYS AGOTrelora Realty, MAAR
Use arrow keys to navigateGlenn Rutherford Company, Inc., MAAR
Use arrow keys to navigate0.25 ACRESBespoke Realty, MAAR
Use arrow keys to navigate0.28 ACRESCrye-Leike, Inc., REALTORS, MAAR
Use arrow keys to navigateCrye-Leike, Inc., REALTORS, MAAR
Use arrow keys to navigateMainstay Brokerage, LLC, MAAR
Advantage Property Management, MAAR
NEW CONSTRUCTION
NEW CONSTRUCTIONTRG Real Estate Services, LLC, MAAR
Germantown Luxury Homes, LLC, MAAR
Crye-Leike, Inc., REALTORS, MAAR
Harris & Harris Realty Group,, MAAR
0.26 ACRES901 Properties, MAAR
38118 Real Estate Trends
Learn about the 38118 housing market through trends and averages.Affordability of Living in 38118
The median home value is $125,683
| Month | Median home value |
|---|---|
| May 2025 | $127k |
| June 2025 | $125k |
| July 2025 | $125k |
| August 2025 | $125k |
| September 2025 | $125k |
| October 2025 | $125k |
| November 2025 | $125k |
| December 2025 | $124k |
| January 2026 | $125k |
| February 2026 | $125k |
| March 2026 | $126k |
| April 2026 | $126k |
Trends and affordability stats are provided by third party data sources.
Average Home Value in 38118, by Home Size
| Home Size | Home Value* |
|---|---|
| 2 bedrooms (See homes) | $79,714 |
| 3 bedrooms (See homes) | $124,510 |
| 4 bedrooms (See homes) | $147,597 |
Based on information submitted to the MLS GRID as of 2026-06-01 00:53:02 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.