5 bedroom homes for sale in 38122, TN

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38122, TN Real Estate Market Overview

There are no 5-bedroom homes for sale in 38122, TN. The following market insights reflect all property types in the 38122, TN real estate market. The number of homes in 38122, TN increased by 17.5% between April 2025 and May 2025. While the average time on the market in May 2025 was 10 days, the median list price was $176,000. Over 6 listings were sold over their listed price in May 2025 in 38122, TN. In the same period over 13 listings were sold below the listed price and 9 listings were sold for the listed price.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in 38122, TN

38122 is located in Tennessee. There are roughly 26,646 residents, living in 10,305 households. The average temperature for 38122 this time of the year is low of 67F and high of 88F. On average, 38122 gets about 4.36 inches of precipitation in June. Most residents are home owners (56%), have a high school diploma (56%) and are single, no kids (48%).

Data provided by Home Junction

Schools near 38122, TN

Elementary Schools

  • Kingsbury Elementary School

    4055 Bayliss Ave

    Public District PK-5

  • Wells Station Elementary School

    1610 Wells Station Rd

    Public District PK-5

  • Grahamwood Elementary School

    3950 Summer Ave

    Public Magnet PK-5

Middle Schools

  • Kingsbury Middle School

    1276 N Graham St

    Public District 6-8

  • Compass Community School Berclair Campus

    3880 Forrest Ave

    Public Charter KG-8

  • Douglass School

    1650 Ash St

    Public Magnet PK-8

High Schools

  • Kingsbury High School

    1270 N Graham St

    Public Magnet 9-12

  • Memphis Academy of Health Sciences High School

    3925 Chelsea Avenue Ext

    Public Charter 9-12

  • Douglass High School

    3200 Mount Olive Rd

    Public Magnet 9-12

Data provided by Great Schools

Housing market reports in Shelby County

Homes for sale near 38122, TN

Top real estate cities in Tennessee

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1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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