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

$195,746

AVERAGE PRICE OF 2,020 HOMES

$1,541,983

AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES

$356,349

AVERAGE PRICE OF 65 NEWLY BUILT HOMES

$457,280

AVERAGE PRICE OF 202 HOMES WITH A POOL

$326,068

AVERAGE PRICE OF 44 REDUCED PRICE HOMES

Average Home

Average Price $195,746
Avg Bedrooms 4.55 beds
Avg Bathrooms 2.93 baths

Average Price by Bedrooms

1 bedroom $176,474
2 bedrooms $99,298
3 bedrooms $126,277
4 bedrooms $290,751
5 bedrooms $596,253
Memphis Home Price Trends
  11/2019 10/2019 9/2019 8/2019 7/2019
Total Listings 2,160 2,236 2,234 2,277 2,290
Average Price $199,812 $193,117 $191,582 $194,332 $196,817
Avg Price Change +3.47% +0.80% -1.44% -1.28% +0.19%
Median Price $123,428 $109,826 $107,061 $108,933 $112,383
Med Price Change +12.39% +2.58% -1.75% -3.17% +0.30%
Avg Bedrooms 4.07 beds 3.89 beds 4.05 beds 3.84 beds 3.56 beds
Avg Bathrooms 2.62 baths 2.4 baths 2.42 baths 2.33 baths 2.31 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Shelby County 1 $314,900 22 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,020 $195,746 64 days
Multi-Million Dollar Homes 36 $1,541,983 179 days
Newly Built Homes 65 $356,349 95 days
Homes with a Pool 202 $457,280 93 days
Reduced Price Homes 44 $326,068 61 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public