Zip Code: 38141 (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 38141 Zip Code (Memphis, Tennessee) in February 2026 was $191,567.822. The month over month percentage change (MoM) was 0.49%, and the year over year percentage change (YoY) was -1.88%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 38141 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 38141 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: 38141 (Memphis, Tennessee) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 38141 (Memphis, Tennessee) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 89299.46423604932 0.85 9.83
Feb 2015 89933.84791930915 0.71 9.23
Mar 2015 90342.70572883396 0.46 8.62
Apr 2015 90600.93863322162 0.29 7.85
May 2015 90631.02861705977 0.03 6.74
Jun 2015 90575.32418528218 -0.06 5.61
Jul 2015 90600.08316276742 0.03 4.68
Aug 2015 90730.39728564338 0.14 4.24
Sep 2015 90964.34754762372 0.26 4.11
Oct 2015 91382.67968461903 0.46 4.48
Nov 2015 91963.07691661047 0.64 4.70
Dec 2015 92648.9611035805 0.75 4.63
Jan 2016 93489.81799056889 0.91 4.69
Feb 2016 94315.5774619861 0.88 4.87
Mar 2016 94896.29715072096 0.62 5.04
Apr 2016 95087.6948595837 0.20 4.95
May 2016 94754.68975274835 -0.35 4.55
Jun 2016 94615.89078879163 -0.15 4.46
Jul 2016 94670.99963693395 0.06 4.49
Aug 2016 95437.76121077534 0.81 5.19
Sep 2016 96406.1247416915 1.01 5.98
Oct 2016 97613.49016907458 1.25 6.82
Nov 2016 98670.34396827554 1.08 7.29
Dec 2016 99712.22264248121 1.06 7.62
Jan 2017 100126.30400824921 0.42 7.10
Feb 2017 100337.97188354963 0.21 6.39
Mar 2017 100216.71841235486 -0.12 5.61
Apr 2017 100543.89658232412 0.33 5.74
May 2017 100968.90989215889 0.42 6.56
Jun 2017 101493.02128125995 0.52 7.27
Jul 2017 101934.37286666634 0.44 7.67
Aug 2017 102428.846830887 0.49 7.33
Sep 2017 103163.02223122236 0.72 7.01
Oct 2017 104130.65274741621 0.94 6.68
Nov 2017 105378.21533347065 1.20 6.80
Dec 2017 106707.02532152961 1.26 7.02
Jan 2018 107880.99592753209 1.10 7.75
Feb 2018 108809.96175996635 0.86 8.44
Mar 2018 109784.7585198591 0.90 9.55
Apr 2018 111086.26763195865 1.19 10.49
May 2018 112550.1297622673 1.32 11.47
Jun 2018 113784.16897672288 1.10 12.11
Jul 2018 114649.62518358283 0.76 12.47
Aug 2018 115533.02561768498 0.77 12.79
Sep 2018 116490.99015789798 0.83 12.92
Oct 2018 117814.06056563566 1.14 13.14
Nov 2018 119165.72588739218 1.15 13.08
Dec 2018 120747.29069748703 1.33 13.16
Jan 2019 121965.00369870251 1.01 13.06
Feb 2019 123048.61027013666 0.89 13.09
Mar 2019 123797.28174812913 0.61 12.76
Apr 2019 124289.94094411389 0.40 11.89
May 2019 124459.56890163089 0.14 10.58
Jun 2019 124651.74703859608 0.15 9.55
Jul 2019 125043.03203715243 0.31 9.07
Aug 2019 125561.79469004704 0.42 8.68
Sep 2019 125987.83359279181 0.34 8.15
Oct 2019 126553.99264962079 0.45 7.42
Nov 2019 127333.38358462504 0.62 6.85
Dec 2019 128363.38698506467 0.81 6.31
Jan 2020 129685.93233051889 1.03 6.33
Feb 2020 131031.1126441757 1.04 6.49
Mar 2020 132317.43816631546 0.98 6.88
Apr 2020 133385.62693789514 0.81 7.32
May 2020 134262.55763539494 0.66 7.88
Jun 2020 135223.2629022911 0.72 8.48
Jul 2020 136183.7048392177 0.71 8.91
Aug 2020 137448.72171140354 0.93 9.47
Sep 2020 139088.63268685338 1.19 10.40
Oct 2020 141220.31300926447 1.53 11.59
Nov 2020 143795.34913930178 1.82 12.93
Dec 2020 146238.56203798376 1.70 13.93
Jan 2021 148688.0011747249 1.68 14.65
Feb 2021 150902.11761851236 1.49 15.17
Mar 2021 153521.72088505863 1.74 16.02
Apr 2021 156076.9776314438 1.66 17.01
May 2021 158727.5458180995 1.70 18.22
Jun 2021 161429.6993598562 1.70 19.38
Jul 2021 163863.77398876415 1.51 20.33
Aug 2021 165768.29397884442 1.16 20.60
Sep 2021 166905.87083423874 0.69 20.00
Oct 2021 168244.99629001366 0.80 19.14
Nov 2021 170158.9581150964 1.14 18.33
Dec 2021 172782.18288647512 1.54 18.15
Jan 2022 176306.82127239075 2.04 18.58
Feb 2022 180241.03653244933 2.23 19.44
Mar 2022 184353.90786175648 2.28 20.08
Apr 2022 188227.36546487626 2.10 20.60
May 2022 191871.1266348122 1.94 20.88
Jun 2022 195129.84240504695 1.70 20.88
Jul 2022 197472.4522945858 1.20 20.51
Aug 2022 199060.44612825624 0.80 20.08
Sep 2022 200023.45142080288 0.48 19.84
Oct 2022 200553.56727992915 0.27 19.20
Nov 2022 200496.2497346392 -0.03 17.83
Dec 2022 199499.55313566342 -0.50 15.46
Jan 2023 198068.40464708908 -0.72 12.34
Feb 2023 196866.9245202503 -0.61 9.22
Mar 2023 196969.43688309597 0.05 6.84
Apr 2023 197756.04673587656 0.40 5.06
May 2023 198659.17532257596 0.46 3.54
Jun 2023 199038.92793715585 0.19 2.00
Jul 2023 198778.95246937103 -0.13 0.66
Aug 2023 198170.2138287936 -0.31 -0.45
Sep 2023 196848.4928057584 -0.67 -1.59
Oct 2023 195291.97492899993 -0.79 -2.62
Nov 2023 193638.35363127958 -0.85 -3.42
Dec 2023 192626.42735871952 -0.52 -3.44
Jan 2024 192186.9164834039 -0.23 -2.97
Feb 2024 192492.83549769505 0.16 -2.22
Mar 2024 193286.04278262262 0.41 -1.87
Apr 2024 194436.12870525467 0.60 -1.68
May 2024 195456.56309729148 0.53 -1.61
Jun 2024 195943.92708074473 0.25 -1.55
Jul 2024 196064.44345658668 0.06 -1.37
Aug 2024 195586.00312713208 -0.24 -1.30
Sep 2024 194885.79954921003 -0.36 -1.00
Oct 2024 194312.9123979593 -0.29 -0.50
Nov 2024 194370.1739358103 0.03 0.38
Dec 2024 194681.54533550842 0.16 1.07
Jan 2025 195132.45359899977 0.23 1.53
Feb 2025 195230.16473803096 0.05 1.42
Mar 2025 195017.19391432704 -0.11 0.90
Apr 2025 194321.3323286062 -0.36 -0.06
May 2025 193252.75533418634 -0.55 -1.13
Jun 2025 192391.03711288027 -0.45 -1.81
Jul 2025 191560.73672525006 -0.43 -2.30
Aug 2025 190878.50882950137 -0.36 -2.41
Sep 2025 190131.58867811036 -0.39 -2.44
Oct 2025 189656.65516316655 -0.25 -2.40
Nov 2025 189564.15230694631 -0.05 -2.47
Dec 2025 190030.84050805413 0.25 -2.39
Jan 2026 190641.89768841452 0.32 -2.30
Feb 2026 191567.8215807474 0.49 -1.88