Which ZIP code in Shelby County has the highest median home value?

38139 (Germantown), at $575,500 (±$32,404), among 34 ZIP codes with at least 1,000 residents.

Why are some ZIP codes missing?

ZIP codes with fewer than 1,000 residents are left out because their survey estimates swing too much to rank, and so are ZIP codes where the Census Bureau did not publish this figure.

ZIP codes with the highest home values in Shelby County, TN

These are the 25 ZIP codes in Shelby County with the highest median home value, out of 34 with at least 1,000 residents. 38139 (Germantown, $575,500), 38017 (Collierville, $495,200) and 38028 (Eads, $463,600) lead the list. There is no single "best" ZIP code in Shelby County; the right one depends on who you want to reach, so the same ZIP codes are ranked several ways below.

ZIP codes with the highest home values in Shelby County

Rank	ZIP	Mailing city	Median home value	Residents	Households	Residential mailboxes
1	38139	Germantown	$575,500 ±$32,404	16,466	5,909	5,958
2	38017	Collierville	$495,200 ±$15,081	56,826	20,551	22,519
3	38028	Eads	$463,600 ±$14,968	7,992	2,822	2,982
4	38120	Memphis	$460,700 ±$35,498	13,309	6,092	6,793
5	38138	Germantown	$430,200 ±$13,945	25,167	10,211	11,065
6	38002	Arlington	$399,300 ±$13,119	43,882	15,248	16,812
7	38103	Memphis	$397,300 ±$30,069	14,534	8,372	10,396
8	38004	Atoka	$320,900 ±$18,149	12,001	4,258	4,317
9	38104	Memphis	$317,200 ±$25,418	22,634	12,863	14,171
10	38117	Memphis	$311,800 ±$24,136	25,776	11,613	12,543
11	38119	Memphis	$296,700 ±$17,947	23,464	10,138	11,386
12	38018	Cordova	$293,800 ±$11,457	38,527	14,575	16,113
13	38135	Memphis	$287,000 ±$12,678	30,317	10,850	11,210
14	38016	Cordova	$282,800 ±$9,750	44,136	18,517	20,829
15	38133	Memphis	$270,900 ±$23,302	21,278	8,005	8,664
16	38112	Memphis	$252,100 ±$42,696	16,809	6,494	7,723
17	38125	Memphis	$251,100 ±$10,529	43,071	15,888	17,583
18	38053	Millington	$221,900 ±$20,745	25,303	10,021	11,673
19	38134	Memphis	$207,000 ±$8,731	43,947	15,062	15,953
20	38111	Memphis	$190,100 ±$20,858	41,934	17,486	—
21	38141	Memphis	$157,900 ±$7,415	23,952	8,224	7,898
22	38107	Memphis	$152,000 ±$37,176	13,912	6,925	6,788
23	38115	Memphis	$145,400 ±$10,989	38,491	16,117	17,808
24	38116	Memphis	$138,600 ±$9,717	40,061	15,599	15,359
25	38128	Memphis	$138,000 ±$13,100	42,162	15,864	17,312

How we ranked them

Ranked by median value of owner-occupied homes as reported by owners (ACS 5-year estimates, 2020–2024). Published medians are capped at $2,000,000. ZIP codes need at least 1,000 residents to be ranked; 34 of 40 qualify.

Which of these to mail, and why

Home value tracks what owners spend on the house itself: renovations, landscaping, pest control, security, interior design. Pair it with the homeowner share so the mailer reaches owners, not tenants.

The top five ZIP codes on this list hold 45,585 households, on 83 carrier routes with 49,317 residential mailboxes. Open any of them on the route map to see each carrier route's own figures before you choose.

Open 38139 on the EDDM route map

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Businesses that mail these ZIP codes

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Frequently asked questions

Which ZIP code in Shelby County has the highest median home value?: 38139 (Germantown), at $575,500 (±$32,404), among 34 ZIP codes with at least 1,000 residents.
How is this ranking calculated?: Ranked by median value of owner-occupied homes as reported by owners (ACS 5-year estimates, 2020–2024). Published medians are capped at $2,000,000.
Why are some ZIP codes missing?: ZIP codes with fewer than 1,000 residents are left out because their survey estimates swing too much to rank, and so are ZIP codes where the Census Bureau did not publish this figure.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.