View in Interactive Map

Uptown, Memphis, TN—38105

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$108,000
7.8% YoY Growth
Household Income
$29,300
46.7% YoY Growth
Days on Market
95
15.0% Shorter YoY
Home Price Forecast
1.8%
Median Rent
$995
27.7% YoY Growth
1-Bed Rent
$995
30.4% YoY Growth
2-Bed Rent
$1,250
19.6% YoY Growth
3-Bed Rent
$1,300
38.3% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Uptown, Memphis, TN

As of Dec '25, the median home price in Uptown, Memphis, TN is $108,000, with a year-over-year change of -7.8%. This indicates that home prices in Uptown, Memphis, TN are decreasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$108,000-7.8%
Single Family $103,000-9.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$107,000-2.7%
    3 Bed
    		$98,000-12.5%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    17.2%
    1 Bedroom
    35.7%
    2 Bedrooms
    30.9%
    3 Bedrooms
    11.6%
    4 Bedrooms
    4.1%
    5+ Bedrooms
    0.5%

    Rental Trends — Uptown, Memphis, TN

    As of July '25, Rentcast reports the average rent in Uptown, Memphis, TN is $1,120, with a year-over-year rent change of -27.7%. Per bedroom, the median rent as of July '25 in Uptown, Memphis, TN is studios: $925, 1-bedrooms: $967, 2-bedrooms: $1,340, 3-bedrooms: $1,420, 4-bedrooms: $2,070. The most common rental property sizes in Uptown, Memphis, TN are 1-bedroom and 2-bedroom, accounting for 40.7% and 29.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$995$1,120
    Studio Rent $925$925
    1 Bed Rent $995$967
    2 Bed Rent $1,250$1,340
    3 Bed Rent $1,300$1,420
    4 Bed Rent $1,800$2,070
    Loading chart...

    % of Rental Stock

    Studio
    19.7%
    1 Bedroom
    40.7%
    2 Bedrooms
    29.1%
    3 Bedrooms
    6.6%
    4 Bedrooms
    3.6%
    5+ Bedrooms
    0.2%

    Property Listings — Uptown, Memphis, TN

    As of Dec '25, Realtor.com reports that the median days on market for a home in Uptown, Memphis, TN is 103. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$191,000-20.0%
    Listing Count
    		16-8.0%
    Listings as % of Homes0.2%-8.0%
    Days on Market
    		95-15.0%
    Loading chart...

    Demographics — Uptown, Memphis, TN

    As of the latest ACS Survey released in 2023, Uptown, Memphis, TN has a population of 5,150, which has decreased by -17.0% over the past 5 years. Uptown, Memphis, TN is a less popular place for families, as children make up 12.4% of the population. The area has a poorly educated workforce, with 22.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		5,150-17.0%
    % Under 18
    		12.4%-33.3%
    % Seniors
    		15.8%62.9%
    % WFH
    		4.9%96.0%
    % w/ College Degree
    		22.3%0.0%
    Loading chart...

    As of the latest ACS Survey released in 2023, Uptown, Memphis, TN is a predominantly black area, with 74.6% of the population identifying as black. The black population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Uptown, Memphis, TN is white, making up 16.0% of the population. Foreign-born residents account for 7.6% of the population in Uptown, Memphis, TN, and this percentage has decreased by 2.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		16.0%41.6%
    % Black
    		74.6%-5.7%
    % Hispanic
    		2.5%-40.5%
    % Asian
    		3.4%-10.5%
    % Foreign Born
    		7.6%-2.6%
    Loading chart...

    Mortgage and Risk — Uptown, Memphis, TN

    According to HUD data as of 2023, there were 19 mortgage originations in Uptown, Memphis, TN, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Uptown, Memphis, TN. Investor activity is high, as 32.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		19
    % Conventional Loans
    		58.0%
    % Government Loans
    		42.0%
    % Investor Loans
    		32.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		11.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Uptown, Memphis, TN

    As of 2024, the percent of homes in Uptown, Memphis, TN under the Section 8 program is 7.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Uptown, Memphis, TN, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		618
    Total Units Section 8
    		375
    % Rentals under Section 8
    		7.9%
    % Occupied Section 8
    		93.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$45$995$1,040
    2 Bedroom-$80$1,250$1,170
    3 Bedroom$240$1,300$1,540
    4 Bedroom$0$1,800$1,800

    Affordability — Uptown, Memphis, TN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.7
    Median Home Price$108,000
    Median Household Income$29,300

    Uptown, Memphis, TN — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Downtown, Memphis, TN

    38103

    North Memphis, Memphis, TN

    38107

    Downtown South, Memphis, TN

    38126

    Cooper Young, Memphis, TN

    38104

    South Parkway, Memphis, TN

    38106

    Frequently Asked Questions