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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

$193,456

AVERAGE PRICE OF 2,416 HOMES

$1,510,291

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$370,543

AVERAGE PRICE OF 62 NEWLY BUILT HOMES

$466,531

AVERAGE PRICE OF 252 HOMES WITH A POOL

$326,555

AVERAGE PRICE OF 49 REDUCED PRICE HOMES

Average Home

Average Price $193,456
Avg Bedrooms 3.56 beds
Avg Bathrooms 2.33 baths

Average Price by Bedrooms

1 bedroom $161,489
2 bedrooms $103,810
3 bedrooms $146,107
4 bedrooms $298,928
5 bedrooms $513,420
Memphis Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 2,282 2,138 2,096 1,994 2,225
Average Price $183,418 $177,024 $173,755 $171,549 $169,894
Avg Price Change +3.61% +1.88% +1.29% +0.97% -3.67%
Median Price $101,629 $97,869 $98,455 $97,891 $95,112
Med Price Change +3.84% -0.60% +0.58% +2.92% -5.68%
Avg Bedrooms 3.55 beds 3.54 beds 3.52 beds 3.31 beds 3.18 beds
Avg Bathrooms 2.23 baths 2.15 baths 2.15 baths 2.09 baths 2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 1 $579,000 250 days
Memphis 1 $54,650 167 days
Shelby County 2 $356,250 114 days
Whitehaven 1 $162,000 214 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,416 $193,456 134 days
Multi-Million Dollar Homes 43 $1,510,291 134 days
Newly Built Homes 62 $370,543 108 days
Homes with a Pool 252 $466,531 136 days
Reduced Price Homes 49 $326,555 79 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public

8

IDLEWILD ELEMENTARY SCHOOL
Middle School
Public

8

WHITE STATION MIDDLE SCHOOL
Middle School
Public

8

WHITE STATION HIGH SCHOOL
High School
Public