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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

$210,517

AVERAGE PRICE OF 1,981 HOMES

$1,575,395

AVERAGE PRICE OF 40 MULTI-MILLION DOLLAR HOMES

$330,875

AVERAGE PRICE OF 94 NEWLY BUILT HOMES

$452,464

AVERAGE PRICE OF 205 HOMES WITH A POOL

$298,524

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

$40,800

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $210,517
Avg Bedrooms 3.26 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $138,703
2 bedrooms $70,287
3 bedrooms $296,655
4 bedrooms $315,717
5 bedrooms $493,928
Memphis Home Price Trends
  2/2020 1/2020 12/2019 11/2019 10/2019
Total Listings 1,954 1,893 2,008 2,160 2,236
Average Price $197,284 $193,690 $195,845 $199,812 $193,117
Avg Price Change +1.86% -1.11% -2.03% +3.47% +0.80%
Median Price $119,726 $112,442 $115,949 $123,428 $109,826
Med Price Change +6.48% -3.12% -6.45% +12.39% +2.58%
Avg Bedrooms 3.45 beds 3.49 beds 4.3 beds 4.07 beds 3.89 beds
Avg Bathrooms 2.22 baths 2.01 baths 2.84 baths 2.62 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Manassas 1 $349,900 56 days
Melrose High 1 $18,275 56 days
Shelby County 2 $377,999 113 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,981 $210,517 119 days
Multi-Million Dollar Homes 40 $1,575,395 166 days
Newly Built Homes 94 $330,875 84 days
Homes with a Pool 205 $452,464 91 days
Reduced Price Homes 28 $298,524 50 days
Distressed Homes 1 $40,800 256 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public