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Updated over 1 year ago on . Most recent reply

User Stats

255
Posts
195
Votes
Alexander Price
  • Investor
  • Gilroy, CA
195
Votes |
255
Posts

Memphis zip code 38111

Alexander Price
  • Investor
  • Gilroy, CA
Posted

I was looking at the market place and I saw a couple of homes in there. One for ~46k and another near ~80k if I recall correctly. Looking at the data here: http://www.city-data.com/zips/38111.html it seems the 2014 Q3 median hose price for that area was near 100k. Not being from Memphis, is there a reason this area has prices all over the board?

Most Popular Reply

User Stats

24
Posts
26
Votes
Fernando Parker
  • Investor
  • Memphis, TN
26
Votes |
24
Posts
Fernando Parker
  • Investor
  • Memphis, TN
Replied

On the subject of Memphis zip codes, here's something that might help everyone. Keep in mind that there is a dizzying array of variance within each zip code in terms of tenant class/neighborhood/price range, etc. So be sure you're vetting your potential deals thoroughly. Hope this helps.

Memphis Area Zip Codes

38002--Arlington

38004--Atoka

38016--Cordova

38017--Collierville

38018--Cordova

38028--Eads

38053--Millington

38103--Downtown

38104--Midtown

38105--Downtown

38106--Bellevue/McLemore (South Midtown)

38107--North Memphis

38108--Kingsbury

38109--Whitehaven

38111--University of Memphis area

38112--Highland Heights/Hollywood-Jackson

38114--Orange Mound

38115--Hickory Hill

38116--Whitehaven

38117--East Memphis/Laurelwood

38118--Airport

38119--East Memphis

38120--East Memphis

38122--Berclair

38125--East Hickory Hill

38126--Southeast Downtown (Crump Boulevard)

38127--Frayser

38128--Raleigh

38131--Airport

38132--Airport

38133--Bartlett

38134--Bartlett

38135--Bartlett

38138--Germantown

38139--Germantown

38141--Hickory Hill

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