Area data
Memphis, TN — ZIP 38125
Population: 43,071 (Census ACS)
The median home value in ZIP 38125 (Memphis, TN) is $279,758 — down 1.5% over the past year. Homes sell for a median $289,500 after a median 40.5 days on market. Typical rent runs $1,517/month. 10 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with coldwave, tornado, earthquake the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).
$279,758
Median home value
-1.5%
1-year change
40.5
Median days on market
Relatively High
Hazard risk (county)
Home values & appreciation
- Median home value
- $279,758
- 1-year appreciation
- -1.5%
- 3-year appreciation
- -2.0%
- 5-year appreciation
- +16.4%
- 10-year appreciation
- +89.8%
- All-time peak (2022-09)
- $289,267
- House Price Index (state)
- 475.9 (+0.5% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $289,500
- Median list price
- $312,450
- Median price per sqft
- $138
- 1-year sale-price change
- +0.9%
- Median days on market
- 40.5 days
- Homes sold (recent period)
- 46
- For-sale inventory
- 75
- Sale-to-list ratio
- 97.0%
- Active listings
- 45
- 1-year forecast
- 0.0%
- Days to pending
- 54 days
- New listings (monthly)
- 26
Source: recent area sales and market data (ZIP-level)
Rents
- Typical rent
- $1,517/mo
- 1-year rent change
- +0.1%
- Studio fair-market rent
- $1,290/mo
- 1BR fair-market rent
- $1,400/mo
- 2BR fair-market rent
- $1,550/mo
- 3BR fair-market rent
- $2,050/mo
- 4BR fair-market rent
- $2,380/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Below Average)
- 90.5 (100 = US avg)
- Electricity rate (state-level)
- 13.2¢/kWh
- Natural gas rate (state-level)
- $11.80/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 10
- Elementary schools
- 6
- Middle schools
- 3
- High schools
- 1
- Charter schools
- 4
- Schools include
- Highland Oaks Elementary, Germanshire Elementary, Southwind Elementary, Southwind High, Highland Oaks Middle
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively High
- Top hazards (county)
- coldWave, tornado, earthquake, heatWave, iceStorm
- Notable hazard ratings (county)
- coldWave: Very High · drought: Relatively Low · earthquake: Relatively High · heatWave: Relatively High · hurricane: Relatively Low · iceStorm: Relatively High
- FEMA flood zone
- X
- Flood risk level
- Minimal
- Wildfire risk to homes (county)
- Higher than 41% of US counties
- Buildings in wildfire direct-exposure zone
- 22.5%
- Radon potential (county)
- Low radon potential — EPA Zone 3 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
- Nearest Superfund site
- Carrier Air Conditioning Co. (5.7 mi)
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Average annual temperature
- 62.0°F
- Average high
- 72.0°F
- Average low
- 51.0°F
- Annual precipitation
- 59.5 in
- USDA plant hardiness zone
- 8a (extreme annual low 10 to 15°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Air quality
- Air quality rating
- Moderate
- Median AQI (annual)
- 52
- Days with Good air quality
- 155
- Days with Moderate air quality
- 201
- Highest AQI recorded (year)
- 140
Source: EPA air quality data (nearest monitoring station, annual)
Walkability & transit
- Walkability index
- 5.5 / 20
- Transit service frequency
- -99,999
- Jobs reachable by car (30 min)
- 83,374
- Jobs reachable by transit (45 min)
- 70,461
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- Airports within 30 mi
- 35
- Nearest airport
- Olive Branch Airport (OLV) (3 mi)
- Nearest major airport
- Memphis International Airport (MEM) (11 mi)
- Hospitals nearby (~15 mi)
- 2
- Hospitals include
- CRESTWYN BEHAVIORAL HEALTH, COMPASS INTERVENTION CENTER
- Solar radiation rating
- Fair (4.4 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- -3,845 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,996
- Housing built before 1970
- 4.0%
- Housing built 2000 or later
- 37.0%
- Median annual property tax
- $2,084
- Mean commute to work
- 20 min
- Households with broadband internet
- 87.6%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 427,155
- Average weekly wage
- $1,346
- Top industries (by employment)
- Health Care, Administrative Services, Accommodation & Food
- Annual residential building permits (county)
- 642
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 38125 | State median | US median | |
|---|---|---|---|
| Median home value | $279,758 | $269,649 | $289,727 |
| Median sale price | $289,500 | $315,000 | $325,000 |
| Median days on market | 41 days | 73 days | 51 days |
| Typical rent | $1,517/mo | $1,597/mo | $1,808/mo |
| Median annual property tax | $2,084 | $970 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in ZIP 38125?
- $279,758.
- What is the median sale price in ZIP 38125?
- $289,500.
- How long do homes take to sell in ZIP 38125?
- Median days on market: 40.5 days.
- What is typical rent in ZIP 38125?
- Typical rent: $1,517/month.
- What is the natural-hazard risk in ZIP 38125?
- Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: coldWave, tornado, earthquake, heatWave, iceStorm.
- Is ZIP 38125 in a flood zone?
- Minimal (FEMA NFIP). FEMA flood zone X.
- What is the wildfire risk in ZIP 38125?
- Risk to homes is higher than 41% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 38125?
- Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 38125?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve ZIP 38125?
- 10 schools (6 elementary, 3 middle, 1 high) (NCES, 2022-23).
- Is ZIP 38125 walkable?
- Walkability index: 5.5/20 (EPA Smart Location Database).
- What is the air quality in ZIP 38125?
- Moderate. Median AQI: 52. (EPA AQI).
- What is the cost of living in ZIP 38125?
- Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).
Nearby ZIP codes
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →