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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

$209,145

AVERAGE PRICE OF 1,942 HOMES

$1,586,946

AVERAGE PRICE OF 39 MULTI-MILLION DOLLAR HOMES

$328,015

AVERAGE PRICE OF 91 NEWLY BUILT HOMES

$442,741

AVERAGE PRICE OF 207 HOMES WITH A POOL

$239,368

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

$40,800

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $209,145
Avg Bedrooms 3.26 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $142,374
2 bedrooms $70,153
3 bedrooms $295,422
4 bedrooms $317,623
5 bedrooms $491,642
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 58 days
Melrose High 1 $18,275 58 days
Shelby County 2 $377,999 115 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,942 $209,145 120 days
Multi-Million Dollar Homes 39 $1,586,946 154 days
Newly Built Homes 91 $328,015 85 days
Homes with a Pool 207 $442,741 88 days
Reduced Price Homes 29 $239,368 40 days
Distressed Homes 1 $40,800 258 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public