How is "cheapest" measured in this list?

ZIPs are ranked by median home value from lowest to highest, filtered to only those with HavenScore: 60 or above. The score filter excludes ZIPs where low prices correlate with weak growth, high risk, or economic decline.

Are these really the 10 cheapest ZIPs in Shelby County, TN?

These are the 10 most affordable ZIPs that also pass our quality filter (HavenScore: 60 or higher). ZIPs with low scores are excluded to surface genuinely good buys rather than declining markets.

How often is this list updated?

This page refreshes monthly when our pipeline ingests new data from Zillow, Redfin, Census, FHFA, and FRED.

Cheapest ZIPs in Shelby County, TN

The 10 most affordable ZIP codes in Shelby County, TN with HavenScore: 60 or higher, ranked by median home value. Refreshed September 2026.

1
38106
Memphis, TN
$57,039
HavenScore: 62
2
38108
Memphis, TN
$70,295
HavenScore: 64
3
38114
Memphis, TN
$74,233
HavenScore: 62
4
38127
Memphis, TN
$90,463
HavenScore: 60
5
38109
Memphis, TN
$91,802
HavenScore: 62
6
38107
Memphis, TN
$109,789
HavenScore: 60
7
38112
Memphis, TN
$124,787
HavenScore: 65
8
38122
Memphis, TN
$125,805
HavenScore: 62
9
38111
Memphis, TN
$134,255
HavenScore: 64
10
38141
Memphis, TN
$192,027
HavenScore: 60

Frequently asked questions

How is "cheapest" measured in this list?: ZIPs are ranked by median home value from lowest to highest, filtered to only those with HavenScore: 60 or above. The score filter excludes ZIPs where low prices correlate with weak growth, high risk, or economic decline.
Are these really the 10 cheapest ZIPs in Shelby County, TN?: These are the 10 most affordable ZIPs that also pass our quality filter (HavenScore: 60 or higher). ZIPs with low scores are excluded to surface genuinely good buys rather than declining markets.
How often is this list updated?: This page refreshes monthly when our pipeline ingests new data from Zillow, Redfin, Census, FHFA, and FRED.

Related pages

Frequently asked questions