SIALIMStatistical Intelligence for America's Local Investment Markets

38015 — Gilt Edge, TN Home Values

Typical home value $235,864 as of August 2026 · 38th of 71 in Memphis, TN-MS-AR

Typical value — August 2026
$235,864
observed, not a forecast
Past 12 months
+6.8%
trailing year-over-year change
Past 5 years
+33.7%
August 2021 to August 2026
Rank in metro
38th
of 71 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 38015, August 2021 to August 2026. This page shows observed data only; no forecast.

How 38015 compares in the Memphis, TN-MS-AR area

ZIP code 38015 (Gilt Edge, TN) has a typical home value of $235,864 as of August 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 +6.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +33.7%, from $176,385 in August 2021 to $235,864 in August 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 38015 has a population of 2,213, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 85.6% White, 9.3% Black or African American, 3.6% two or more races, 1.2% Hispanic or Latino, and 0.3% American Indian or Alaska Native.

Nearby public schools

SchoolAddressDistance
Brighton Middle School7785 Hwy 51 South, Brighton, TN7 mi
Munford Middle School100 Education AVE, Munford, TN7.1 mi
Brighton High School8045 Hwy 51 South, Brighton, TN7.1 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 38015?

$235,864 as of August 2026, the latest month Zillow has published observed data for.

Is 38015 an expensive ZIP code in the Memphis, TN-MS-AR area?

38015 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 38015 changed over the past year?

+6.8% over the trailing 12 months, from observed Zillow data.

What is the population of ZIP code 38015?

2,213, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 38015?

Brighton Middle School (7 mi), Munford Middle School (7.1 mi), Brighton High School (7.1 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 38015?

No. Every number on this page is observed Zillow data as of August 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.