Homes typically go to pending in about 51 days .
Higher-end areas like River Oaks see median listing prices closer to $520,000 .
The 38117 housing market is considered balanced, with inventory and demand remaining relatively steady .
⭐ For homes in this zip code, three-bedroom layouts are currently the most common, with an average value of roughly $237,914 . If you're looking to buy or rent in 38117: g., single-family home, condo)?
The 38117 area includes popular East Memphis neighborhoods like and University District .
Are you interested in or established homes?
38117, TN Housing Market: 2026 Home Prices & Trends | Zillow