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Rebecca Gilley
901-800-8424

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

$225,683

AVERAGE PRICE OF 1,825 HOMES

$1,646,021

AVERAGE PRICE OF 42 MULTI-MILLION DOLLAR HOMES

$317,660

AVERAGE PRICE OF 77 NEWLY BUILT HOMES

$474,829

AVERAGE PRICE OF 185 HOMES WITH A POOL

$378,927

AVERAGE PRICE OF 38 REDUCED PRICE HOMES

$40,800

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $225,683
Avg Bedrooms 2.53 beds
Avg Bathrooms 1.44 baths

Average Price by Bedrooms

1 bedroom $157,900
2 bedrooms $79,629
3 bedrooms $158,274
4 bedrooms $341,180
5 bedrooms $713,318
Memphis Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 1,857 1,842 1,924 1,951 1,954
Average Price $224,157 $214,971 $210,649 $209,853 $197,284
Avg Price Change +4.27% +2.05% +0.38% +6.37% +1.86%
Median Price $140,621 $135,815 $130,735 $126,711 $119,726
Med Price Change +3.54% +3.89% +3.18% +5.83% +6.48%
Avg Bedrooms 2.36 beds 2.55 beds 3.48 beds 3.32 beds 3.45 beds
Avg Bathrooms 1.63 baths 1.44 baths 2.28 baths 2.3 baths 2.22 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,825 $225,683 231 days
Multi-Million Dollar Homes 42 $1,646,021 143 days
Newly Built Homes 77 $317,660 122 days
Homes with a Pool 185 $474,829 86 days
Reduced Price Homes 38 $378,927 53 days
Distressed Homes 1 $40,800 358 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public