38049 — Braden, TN Home Values
Typical home value $238,462 as of June 2026 · 38th of 71 in Memphis, TN-MS-AR
Blue: typical home value (Zillow ZHVI) in ZIP code 38049, June 2021 to June 2026. This page shows observed data only; no forecast.
How 38049 compares in the Memphis, TN-MS-AR area
ZIP code 38049 (Braden, TN) has a typical home value of $238,462 as of June 2026, ranking 38th of 71 ZIP codes tracked in the Memphis, TN-MS-AR area, more expensive than about 48% of ZIP codes in the metro. Prices here have moved +8.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +37.8%, from $173,023 in June 2021 to $238,462 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Memphis, TN-MS-AR forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Memphis.
Population and demographics
ZIP code 38049 has a population of 4,319, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 51.1% Black or African American, 42.2% White, 2.6% two or more races, 2.2% another race, 1% Asian, and 0.9% Hispanic or Latino.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Austin Peay Elementary School | 474 Academic DR, Covington, TN | 7.6 mi |
| Arlington Elementary | 11825 Douglas, Arlington, TN | 10.3 mi |
| Barret's Chapel Elementary/Middle | 10280 Godwin Rd, Arlington, TN | 10.6 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 38049?
$238,462 as of June 2026, the latest month Zillow has published observed data for.
Is 38049 an expensive ZIP code in the Memphis, TN-MS-AR area?
38049 ranks 38th of 71 ZIP codes in the Memphis, TN-MS-AR area by typical home value, more expensive than about 48% of ZIP codes in the metro.
How much have home values in 38049 changed over the past year?
+8.7% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 38049?
4,319, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 38049?
Austin Peay Elementary School (7.6 mi), Arlington Elementary (10.3 mi), Barret's Chapel Elementary/Middle (10.6 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 38049?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Memphis, TN-MS-AR forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.