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38685 · Waterford, MSMemphis, TN Change in typical home value since the start of the period, with each area's 12-month forecast (dashed) 38685 · Waterford, MSMemphis, TN
| Measure | 38685 Waterford, MS | Memphis, TN |
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| Typical home value | $192,634 | $244,737 |
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| Past year | ▲ 1.0% | ▲ 0.1% |
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| Past 5 years | ▲ 6.5% | ▲ 16.5% |
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| Next 12 months | ▲ 2.8%80% range −4% to +10% | ▲ 0.9%80% range −4% to +8% |
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| Typical rent | — | — |
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| Price-to-rent ratio | — | — |
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| Rank within metro | 87 of 100 | — |
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