If you need assistance, please call 901-221-4041

Memphis

Why you'd want to live in Memphis

Civic pride runs deep in Memphis -- grit and grind country -- but, on a more micro level, Memphians also take extreme pride in their neighborhoods. You’ll find “38104tified” (Midtown’s zip code) or “Binghampton is Memphis” bumper stickers on cars across the city. Now that you’ve decided on moving to Memphis, you’ll need to decide whether you’re best-suited for our eclectic, unconventional Midtown, or the buttoned-up, suburban Cordova. Memphis is the Home of the Blues and the Birthplace of Rock 'n' Roll. MemphisTravel.com is your place to find the best in Memphis attractions, restaurants (and we're not just talkn' barbecue), history, nightlife and other things to do. Hear what's happening on Beale Street, learn what's inside the Memphis Pyramid and discover the appeal of our neighborhoods. via MemphisTravel.com

memphis

Memphis Market Report

$196,823

AVERAGE PRICE OF 2,308 HOMES

$1,517,619

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$371,885

AVERAGE PRICE OF 66 NEWLY BUILT HOMES

$447,675

AVERAGE PRICE OF 220 HOMES WITH A POOL

$318,858

AVERAGE PRICE OF 75 REDUCED PRICE HOMES

Average Home

Average Price $196,823
Avg Bedrooms 3.56 beds
Avg Bathrooms 2.31 baths

Average Price by Bedrooms

1 bedroom $136,735
2 bedrooms $105,160
3 bedrooms $186,397
4 bedrooms $234,465
5 bedrooms $498,375
Memphis Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 2,327 2,364 2,282 2,138 2,096
Average Price $196,449 $193,751 $183,418 $177,024 $173,755
Avg Price Change +1.39% +5.63% +3.61% +1.88% +1.29%
Median Price $112,051 $108,790 $101,629 $97,869 $98,455
Med Price Change +3.00% +7.05% +3.84% -0.60% +0.58%
Avg Bedrooms 3.61 beds 3.56 beds 3.55 beds 3.54 beds 3.52 beds
Avg Bathrooms 2.35 baths 2.34 baths 2.23 baths 2.15 baths 2.15 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Memphis 1 $54,650 222 days
Shelby County 3 $308,266 118 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,308 $196,823 117 days
Multi-Million Dollar Homes 43 $1,517,619 149 days
Newly Built Homes 66 $371,885 112 days
Homes with a Pool 220 $447,675 161 days
Reduced Price Homes 75 $318,858 61 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public