Richwood subdivision of Southeast Memphis

Home developer in Memphis, TN 38125

About this company

Richwood subdivision of Southeast Memphis is listed as a home developer at Lowrance Road in Memphis, Tennessee, in Shelby County. It is one of 10 general contractors in ZIP 38125.

Other construction companies nearby

Contractors Services Unlimited4210 Glenroy Dr, Memphis
0.7 mi(901) 672-8186
J and M Constructions4709 Valene Cir, Memphis
1.6 mi(901) 428-8434
Martin Montgomery Contractors LLC8245 Tournament Dr Ste 300, Memphis
1.7 mi(901) 374-9400
Blake Solutions7985 Courtyard Plz, Memphis
1.7 mi(901) 380-4675
All Wall Concepts7493 Bronze Dr, Memphis
1.8 mi(901) 237-3672

Housing market around ZIP 38125

Figures describe the local area, not this company.

Typical home value$276,000−1.2% past year · +89% in 10 years
Typical rent$1,516+3.6% past year
12-month value outlook−0.2%Roughly flat
New homes permitted, 20251,230Shelby County
Days to sale agreement36Memphis metro · 29 a year ago
Listings with a price cut29.7%Memphis metro
Sale price vs list97.2%Memphis metro
New construction sales149Memphis metro, Aug · −7% from last year

Source: Zillow (home values, rent, outlook and metro sales), data through Sep 2026. Permits: U.S. Census Bureau.

Typical home value, last 10 years

$150K$200K$250K201620182020202220242026$276K

Source: Zillow Home Value Index, Sep 2026.

Local building angle: Shelby County permitted 1,230 new homes in 2025, including 164 apartment units. 39% of the homes in this ZIP were built since 2000.
Local figures are estimates from public records and Zillow housing data, updated regularly.