SIALIMStatistical Intelligence for America's Local Investment Markets

38028Eads, TN Home Values

Typical home value $612,034 as of June 2026 · 1st of 71 in Memphis, TN-MS-AR

Typical value — June 2026
$612,034
observed, not a forecast
Past 12 months
-0.4%
trailing year-over-year change
Past 5 years
+22.7%
June 2021 to June 2026
Rank in metro
1st
of 71 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 38028, June 2021 to June 2026. This page shows observed data only; no forecast.

How 38028 compares in the Memphis, TN-MS-AR area

ZIP code 38028 (Eads, TN) has a typical home value of $612,034 as of June 2026, ranking 1st of 71 ZIP codes tracked in the Memphis, TN-MS-AR area, the most expensive ZIP code in the metro. Prices here have moved -0.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +22.7%, from $498,700 in June 2021 to $612,034 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 38028 has a population of 7,699, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 67.7% White, 25.4% Black or African American, 4.4% Hispanic or Latino, 1.8% two or more races, and 0.7% Asian.

Nearby public schools

SchoolAddressDistance
Mt. Pisgah Middle/High1444 Pisgah RD, Cordova, TN4.6 mi
Donelson Elementary12140 Donelson Farms PKWY, Arlington, TN5.1 mi
Macon-Hall Elementary9800 Macon RD, Cordova, TN6 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 38028?

$612,034 as of June 2026, the latest month Zillow has published observed data for.

Is 38028 an expensive ZIP code in the Memphis, TN-MS-AR area?

38028 ranks 1st of 71 ZIP codes in the Memphis, TN-MS-AR area by typical home value, the most expensive ZIP code in the metro.

How much have home values in 38028 changed over the past year?

-0.4% over the trailing 12 months, from observed Zillow data.

What is the population of ZIP code 38028?

7,699, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 38028?

Mt. Pisgah Middle/High (4.6 mi), Donelson Elementary (5.1 mi), Macon-Hall Elementary (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 38028?

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.