ZIP 38119

ZIP 38119 is in the Memphis, TN-MS-AR market. Market numbers below; the ZIP's rank is on the map.

Median cap rate
: 4.7%.
Median IRR
: 5.9%.
Median list price
: $315,000.
Appreciation
: 2.8%/yr .
Rent growth
: 3.1%/yr .
Sources: FHFA House Price Index® (developmental annual index), U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public listings under system-default underwriting, updated September 2026.

For sale in ZIP 38119