2302 Madison Avenue, Memphis, TN 38104
Memphis, Shelby County, Tennessee
Property class reported · researched Sep 18, 2026, 8:04 PM
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This property, as reported in this snapshot. Explore value evidence, ownership costs and the surrounding neighborhood below.
Market context around this home
Federal price indexes, hazard ratings, rents and lending for the neighborhood. These describe the area, not this specific house; the value estimate above comes from sold comps.
Monthly price momentum
Home values since 2015
-0.4%
Memphis TN-MS-AR · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,910
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this ZIP code. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
The ZIP's main census tract, 2000–2025
-4.05%
2025 change
FHFA tract house price index from repeat sales of single-family homes. Bars are each year's change; the line is the cumulative index (2000 = 100), up 78% overall.
Natural hazard exposure
Top risks in this tract
59
Relatively Moderate
- EarthquakeRelatively Moderate · 88
- Heat waveRelatively Moderate · 83
- Cold waveRelatively Moderate · 77
- TornadoRelatively Moderate · 70
- LandslideVery Low · 55
- Riverine floodingRelatively Low · 38
- WildfireVery Low · 38
- HurricaneVery Low · 33
FEMA National Risk Index. Bars show how this tract ranks nationally for each hazard, where 100 is the most exposed. Expected annual loss to buildings, people and crops in the tract: $2,237,300.
Mortgage activity
Home lending in this tract
79.6%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 132 | 77 | 79.6% | 14% | $355,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this census tract. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded).
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