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Berclair, Memphis, TN—38122

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$129,000
2.9% YoY Growth
Household Income
$45,500
24.9% YoY Growth
Days on Market
79
65.0% Longer YoY
Home Price Forecast
-0.2%
Median Rent
$1,200
5.3% YoY Growth
1-Bed Rent
$795
1.0% YoY Growth
2-Bed Rent
$950
4.6% YoY Growth
3-Bed Rent
$1,250
3.6% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Berclair, Memphis, TN

As of May '26, the median home price in Berclair, Memphis, TN is $129,000, with a year-over-year change of -2.9%. This indicates that home prices in Berclair, Memphis, TN are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$129,000-2.9%
Single Family $128,000-3.0%
Condos $136,000-8.1%

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
    		$138,000-3.5%
    4 Bed
    		$162,000-2.4%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.4%
    1 Bedroom
    5.3%
    2 Bedrooms
    41.4%
    3 Bedrooms
    42.8%
    4 Bedrooms
    8.0%
    5+ Bedrooms
    2.0%

    Rental Trends — Berclair, Memphis, TN

    As of July '25, Rentcast reports the average rent in Berclair, Memphis, TN is $1,200, with a year-over-year rent change of 5.3%. Per bedroom, the median rent as of July '25 in Berclair, Memphis, TN is studios: $650, 1-bedrooms: $793, 2-bedrooms: $1,040, 3-bedrooms: $1,330, 4-bedrooms: $1,640. The most common rental property sizes in Berclair, Memphis, TN are 2-bedroom and 3-bedroom, accounting for 48.3% and 41.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,200$1,200
    Studio Rent $650$650
    1 Bed Rent $795$793
    2 Bed Rent $950$1,040
    3 Bed Rent $1,250$1,330
    4 Bed Rent $1,580$1,640
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    % of Rental Stock

    Studio
    0.2%
    1 Bedroom
    6.4%
    2 Bedrooms
    48.3%
    3 Bedrooms
    41.2%
    4 Bedrooms
    3.0%
    5+ Bedrooms
    0.9%

    Property Listings — Berclair, Memphis, TN

    As of May '26, Realtor.com reports that the median days on market for a home in Berclair, Memphis, TN is 79. This is a increase of 65.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$172,000-5.0%
    Listing Count
    		16549.0%
    Listings as % of Homes0.6%49.0%
    Days on Market
    		7965.0%
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    Demographics — Berclair, Memphis, TN

    As of the latest ACS Survey released in 2023, Berclair, Memphis, TN has a population of 25,300, which has increased by 2.5% over the past 5 years. Berclair, Memphis, TN is a popular place for families, as children make up 32.0% of the population. The area has a poorly educated workforce, with 22.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		25,3002.5%
    % Under 18
    		32.0%6.3%
    % Seniors
    		11.8%19.2%
    % WFH
    		6.0%185.7%
    % w/ College Degree
    		22.2%15.0%
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    As of the latest ACS Survey released in 2023, Berclair, Memphis, TN is a predominantly hispanic area, with 37.4% of the population identifying as hispanic. The hispanic population has grown by 28.5% in the last 5 years. The second most common race or ethnicity in Berclair, Memphis, TN is white, making up 34.3% of the population. Foreign-born residents account for 23.7% of the population in Berclair, Memphis, TN, and this percentage has increased by 31.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		34.3%-23.9%
    % Black
    		20.1%-4.3%
    % Hispanic
    		37.4%28.5%
    % Asian
    		2.2%-12.0%
    % Foreign Born
    		23.7%31.7%
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    Mortgage and Risk — Berclair, Memphis, TN

    According to HUD data as of 2023, there were 163 mortgage originations in Berclair, Memphis, TN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Berclair, Memphis, TN. Investor activity is high, as 19.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		163
    % Conventional Loans
    		82.0%
    % Government Loans
    		18.0%
    % Investor Loans
    		19.0%
    % Second Loans
    		3.0%
    % Cash Out Refinance
    		12.0%
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    Rentals and Section 8 — Berclair, Memphis, TN

    As of 2024, the percent of homes in Berclair, Memphis, TN under the Section 8 program is 1.6%. 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. In Berclair, Memphis, TN, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

    Section 8 Market Size

    Total Units under HUD
    		80
    Total Units Section 8
    		80
    % Rentals under Section 8
    		1.6%
    % Occupied Section 8
    		93.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$395$795$1,190
    2 Bedroom$380$950$1,330
    3 Bedroom$500$1,250$1,750
    4 Bedroom$470$1,580$2,050

    Affordability — Berclair, Memphis, TN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.9
    Median Home Price$129,000
    Median Household Income$45,500

    Berclair, Memphis, TN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Normal

    38152

    East Memphis, Memphis, TN

    38117

    Hyde Park, Memphis, TN

    38108

    Normal Station, Memphis, TN

    38111

    Vollintine Evergreen, Memphis, TN

    38112

    Frequently Asked Questions