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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

$196,647

AVERAGE PRICE OF 2,308 HOMES

$1,518,686

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$368,316

AVERAGE PRICE OF 67 NEWLY BUILT HOMES

$451,046

AVERAGE PRICE OF 219 HOMES WITH A POOL

$343,774

AVERAGE PRICE OF 74 REDUCED PRICE HOMES

Average Home

Average Price $196,647
Avg Bedrooms 3.56 beds
Avg Bathrooms 2.31 baths

Average Price by Bedrooms

1 bedroom $132,743
2 bedrooms $105,084
3 bedrooms $186,362
4 bedrooms $234,239
5 bedrooms $497,158
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 $54,650 218 days
Shelby County 3 $308,266 114 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,308 $196,647 115 days
Multi-Million Dollar Homes 43 $1,518,686 145 days
Newly Built Homes 67 $368,316 111 days
Homes with a Pool 219 $451,046 158 days
Reduced Price Homes 74 $343,774 66 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public