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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

$191,350

AVERAGE PRICE OF 2,247 HOMES

$1,538,859

AVERAGE PRICE OF 39 MULTI-MILLION DOLLAR HOMES

$345,131

AVERAGE PRICE OF 71 NEWLY BUILT HOMES

$439,254

AVERAGE PRICE OF 209 HOMES WITH A POOL

$293,370

AVERAGE PRICE OF 72 REDUCED PRICE HOMES

Average Home

Average Price $191,350
Avg Bedrooms 4.05 beds
Avg Bathrooms 2.43 baths

Average Price by Bedrooms

1 bedroom $138,762
2 bedrooms $98,376
3 bedrooms $124,701
4 bedrooms $295,623
5 bedrooms $479,880
Memphis Home Price Trends
  8/2019 7/2019 6/2019 5/2019 4/2019
Total Listings 2,277 2,290 2,327 2,364 2,282
Average Price $194,332 $196,817 $196,449 $193,751 $183,418
Avg Price Change -1.28% +0.19% +1.39% +5.63% +3.61%
Median Price $108,933 $112,383 $112,051 $108,790 $101,629
Med Price Change -3.17% +0.30% +3.00% +7.05% +3.84%
Avg Bedrooms 3.84 beds 3.56 beds 3.61 beds 3.56 beds 3.55 beds
Avg Bathrooms 2.33 baths 2.31 baths 2.35 baths 2.34 baths 2.23 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Shelby County 1 $395,000 302 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,247 $191,350 201 days
Multi-Million Dollar Homes 39 $1,538,859 178 days
Newly Built Homes 71 $345,131 118 days
Homes with a Pool 209 $439,254 191 days
Reduced Price Homes 72 $293,370 54 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public