Housing Prices in 38012, TN

How much do homes in 38012, TN cost?

Median List Price

$211,950

$175/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$41,950(+24.7%)

Key Takeaway

The list price of homes in 38012 has increased by 24.7% since last year.

Summary: The median home list price in 38012 was $211,950 in December 2024, up 24.7% from the previous year, and the median price per square foot was $175.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $120K$141.4K
+17.9%
3 $184.5K$189K
+2.4%
4 $265K$254.9K
-3.8%
5+ $104.9K$201.2K
+91.8%

Summary: 38012 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 91.8%.

Median List Price Compared To Nearby Zip Codes

38012
+24.7%
38006
+8.1%
38075
-11.6%
38037
-82.8%

Housing Supply in 38012, TN

How many homes are available in 38012, TN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1920+5.3%

Summary: The 38012 real estate market had 20 homes for sale in December 2024, a 5.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1213
+8.3%
4 44
0.0%
5+ 11
0.0%

Summary: The 38012 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 38012, TN

How long does it take to sell a home in 38012, TN?

Average Listing Age

Dec 2023Dec 2024CHANGE
813 Days189 Days-76.8%

Summary: Homes in 38012 had an average listing age of 189 days in Dec 2024, down by 76.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

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Newest Listings in 38012, TN

Nearby Markets to 38012, TN

MLS Disclaimers and Copyright

Based on information from Memphis MLS, and RealTracs Middle Tennessee Regional MLS for the period 01/01/2023 - 01/01/2025

Copyright© 2025 Memphis Area Association of REALTORS. The 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 that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 9:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

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.

IDX© 2025 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 9:18:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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