Zip Code: 38105 (Memphis, Tennessee) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 38105 Zip Code (Memphis, Tennessee) in February 2026 was $106,587.893. The month over month percentage change (MoM) was 0.04%, and the year over year percentage change (YoY) was -8.78%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 38105 zip code (Memphis, Tennessee). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 38105 zip code (Memphis, Tennessee).

You can see similar information for other Tennessee zip codes, and for Tennessee.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 38105 (Memphis, Tennessee) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 38105 (Memphis, Tennessee) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 37738.94442780062 -1.55 3.61
Feb 2015 37126.55341565408 -1.62 0.94
Mar 2015 36489.39214827846 -1.72 -0.73
Apr 2015 35468.965698402324 -2.80 -3.50
May 2015 34894.46717949191 -1.62 -5.04
Jun 2015 34721.985843355214 -0.49 -6.63
Jul 2015 35227.9103943834 1.46 -7.01
Aug 2015 35697.13054581161 1.33 -7.82
Sep 2015 36377.292410249815 1.91 -7.61
Oct 2015 37184.72097467334 2.22 -5.76
Nov 2015 37883.07462016542 1.88 -2.82
Dec 2015 38061.5735782033 0.47 -0.71
Jan 2016 37918.991713565476 -0.37 0.48
Feb 2016 37431.22807220404 -1.29 0.82
Mar 2016 36697.36029888153 -1.96 0.57
Apr 2016 35874.76938311196 -2.24 1.14
May 2016 35422.90728112359 -1.26 1.51
Jun 2016 35409.55182486952 -0.04 1.98
Jul 2016 35247.98405705633 -0.46 0.06
Aug 2016 35165.66548513511 -0.23 -1.49
Sep 2016 34867.50546718218 -0.85 -4.15
Oct 2016 35004.58558688281 0.39 -5.86
Nov 2016 35184.558209517185 0.51 -7.12
Dec 2016 35320.00593957215 0.39 -7.20
Jan 2017 35610.656999598774 0.82 -6.09
Feb 2017 36089.159875567624 1.34 -3.58
Mar 2017 37201.34234426476 3.08 1.37
Apr 2017 38036.74293123324 2.25 6.03
May 2017 38581.91924199445 1.43 8.92
Jun 2017 38551.72173252212 -0.08 8.87
Jul 2017 38414.2958553811 -0.36 8.98
Aug 2017 38351.38810562963 -0.16 9.06
Sep 2017 38117.47462808891 -0.61 9.32
Oct 2017 38279.08056250954 0.42 9.35
Nov 2017 39106.79589683349 2.16 11.15
Dec 2017 40379.112354517965 3.25 14.32
Jan 2018 41419.57352351849 2.58 16.31
Feb 2018 41824.607022930264 0.98 15.89
Mar 2018 42210.56088388309 0.92 13.47
Apr 2018 42588.884399326234 0.90 11.97
May 2018 42814.23302509187 0.53 10.97
Jun 2018 42378.30791869476 -1.02 9.93
Jul 2018 41683.33046582774 -1.64 8.51
Aug 2018 40864.254577096355 -1.96 6.55
Sep 2018 40605.502132911846 -0.63 6.53
Oct 2018 40643.93157735341 0.10 6.18
Nov 2018 41114.253260743826 1.16 5.13
Dec 2018 41877.70917818098 1.86 3.71
Jan 2019 42712.052592358705 1.99 3.12
Feb 2019 43425.27031704929 1.67 3.83
Mar 2019 43885.98910608123 1.06 3.97
Apr 2019 44093.28675926131 0.47 3.53
May 2019 44306.532950092595 0.48 3.49
Jun 2019 44728.691149007296 0.95 5.55
Jul 2019 45110.940189243236 0.86 8.22
Aug 2019 45264.668365764875 0.34 10.77
Sep 2019 45133.6385973615 -0.29 11.15
Oct 2019 45138.0203417716 0.01 11.06
Nov 2019 45400.43584298975 0.58 10.43
Dec 2019 46136.90161415769 1.62 10.17
Jan 2020 47196.81275936083 2.30 10.50
Feb 2020 48650.04277492241 3.08 12.03
Mar 2020 50069.0672867679 2.92 14.09
Apr 2020 51606.39266673063 3.07 17.04
May 2020 52592.74184693425 1.91 18.70
Jun 2020 52945.780312331975 0.67 18.37
Jul 2020 52586.341641821644 -0.68 16.57
Aug 2020 52751.53320876322 0.31 16.54
Sep 2020 53946.19525212967 2.27 19.52
Oct 2020 56175.10594312638 4.13 24.45
Nov 2020 58520.30567538831 4.18 28.90
Dec 2020 60687.51592769046 3.70 31.54
Jan 2021 62665.759827325324 3.26 32.78
Feb 2021 64353.44998605342 2.69 32.28
Mar 2021 66354.72236112379 3.11 32.53
Apr 2021 68913.03887643939 3.86 33.54
May 2021 72406.21245337585 5.07 37.67
Jun 2021 76476.41856756435 5.62 44.44
Jul 2021 79602.77476242693 4.09 51.38
Aug 2021 82020.87887101872 3.04 55.49
Sep 2021 83640.70703121975 1.98 55.05
Oct 2021 85768.34789937559 2.54 52.68
Nov 2021 87799.52557551251 2.37 50.03
Dec 2021 89617.32571594192 2.07 47.67
Jan 2022 92005.76640563637 2.67 46.82
Feb 2022 94749.57495319674 2.98 47.23
Mar 2022 98016.88249083298 3.45 47.72
Apr 2022 101097.78061290052 3.14 46.70
May 2022 104091.0982970132 2.96 43.76
Jun 2022 106741.67018715742 2.55 39.58
Jul 2022 108393.08949354502 1.55 36.17
Aug 2022 109345.47942180966 0.88 33.31
Sep 2022 109689.07963621872 0.31 31.14
Oct 2022 109988.06149426498 0.27 28.24
Nov 2022 110131.95986759015 0.13 25.44
Dec 2022 109474.90390107124 -0.60 22.16
Jan 2023 107629.84733509435 -1.68 16.98
Feb 2023 106150.75244178856 -1.37 12.03
Mar 2023 105880.01235715533 -0.25 8.02
Apr 2023 106553.75300857058 0.64 5.40
May 2023 106871.39027028879 0.30 2.67
Jun 2023 106385.40587168503 -0.45 -0.33
Jul 2023 106410.93231015965 0.02 -1.83
Aug 2023 106928.63357912611 0.49 -2.21
Sep 2023 107790.77492345824 0.81 -1.73
Oct 2023 107549.3938977021 -0.22 -2.22
Nov 2023 107275.61263488873 -0.25 -2.59
Dec 2023 106524.44201099321 -0.70 -2.69
Jan 2024 106499.00202988907 -0.02 -1.05
Feb 2024 106408.20351217082 -0.08 0.24
Mar 2024 107379.76165789574 0.91 1.42
Apr 2024 108808.16022510063 1.33 2.12
May 2024 110230.55299668272 1.31 3.14
Jun 2024 111386.56824511569 1.05 4.70
Jul 2024 112608.63259430311 1.10 5.82
Aug 2024 113654.01117485597 0.93 6.29
Sep 2024 114777.02391605482 0.99 6.48
Oct 2024 115742.4420014143 0.84 7.62
Nov 2024 116812.78771464284 0.93 8.89
Dec 2024 117493.2488512589 0.58 10.30
Jan 2025 117535.60948727727 0.04 10.36
Feb 2025 116848.67337759928 -0.58 9.81
Mar 2025 115962.15058563165 -0.76 7.99
Apr 2025 114990.26719165943 -0.84 5.68
May 2025 113332.46869009035 -1.44 2.81
Jun 2025 110987.60065036725 -2.07 -0.36
Jul 2025 108443.09221514074 -2.29 -3.70
Aug 2025 107197.01221737143 -1.15 -5.68
Sep 2025 106890.2505551331 -0.29 -6.87
Oct 2025 106686.00603883981 -0.19 -7.82
Nov 2025 106537.97745344182 -0.14 -8.80
Dec 2025 106172.26343760763 -0.34 -9.63
Jan 2026 106540.94011088205 0.35 -9.35
Feb 2026 106587.89325516962 0.04 -8.78