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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

$210,633

AVERAGE PRICE OF 1,938 HOMES

$1,584,773

AVERAGE PRICE OF 40 MULTI-MILLION DOLLAR HOMES

$326,302

AVERAGE PRICE OF 88 NEWLY BUILT HOMES

$447,315

AVERAGE PRICE OF 205 HOMES WITH A POOL

$259,587

AVERAGE PRICE OF 31 REDUCED PRICE HOMES

$40,800

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $210,633
Avg Bedrooms 3.2 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $142,374
2 bedrooms $70,327
3 bedrooms $296,733
4 bedrooms $201,787
5 bedrooms $496,114
Memphis Home Price Trends
  3/2020 2/2020 1/2020 12/2019 11/2019
Total Listings 1,951 1,954 1,893 2,008 2,160
Average Price $209,853 $197,284 $193,690 $195,845 $199,812
Avg Price Change +6.37% +1.86% -1.11% -2.03% +3.47%
Median Price $126,711 $119,726 $112,442 $115,949 $123,428
Med Price Change +5.83% +6.48% -3.12% -6.45% +12.39%
Avg Bedrooms 3.32 beds 3.45 beds 3.49 beds 4.3 beds 4.07 beds
Avg Bathrooms 2.3 baths 2.22 baths 2.01 baths 2.84 baths 2.62 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Manassas 1 $349,900 60 days
Melrose High 1 $18,275 60 days
Shelby County 3 $281,299 78 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,938 $210,633 113 days
Multi-Million Dollar Homes 40 $1,584,773 152 days
Newly Built Homes 88 $326,302 84 days
Homes with a Pool 205 $447,315 87 days
Reduced Price Homes 31 $259,587 34 days
Distressed Homes 1 $40,800 260 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public