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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

$193,284

AVERAGE PRICE OF 2,415 HOMES

$466,531

AVERAGE PRICE OF 252 HOMES WITH A POOL

$1,510,291

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$370,733

AVERAGE PRICE OF 61 NEWLY BUILT HOMES

$360,550

AVERAGE PRICE OF 46 REDUCED PRICE HOMES

Average Home

Average Price $193,284
Avg Bedrooms 3.56 beds
Avg Bathrooms 2.33 baths

Average Price by Bedrooms

1 bedroom $161,489
2 bedrooms $103,137
3 bedrooms $145,998
4 bedrooms $298,789
5 bedrooms $513,420
Memphis Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 2,282 2,138 2,096 1,994 2,225
Average Price $183,418 $177,024 $173,755 $171,549 $169,894
Avg Price Change +3.61% +1.88% +1.29% +0.97% -3.67%
Median Price $101,629 $97,869 $98,455 $97,891 $95,112
Med Price Change +3.84% -0.60% +0.58% +2.92% -5.68%
Avg Bedrooms 3.55 beds 3.54 beds 3.52 beds 3.31 beds 3.18 beds
Avg Bathrooms 2.23 baths 2.15 baths 2.15 baths 2.09 baths 2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 1 $579,000 249 days
Memphis 1 $54,650 166 days
Shelby County 2 $356,250 113 days
Whitehaven 1 $162,000 213 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,415 $193,284 133 days
Homes with a Pool 252 $466,531 135 days
Multi-Million Dollar Homes 43 $1,510,291 133 days
Newly Built Homes 61 $370,733 108 days
Reduced Price Homes 46 $360,550 80 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public

8

IDLEWILD ELEMENTARY SCHOOL
Middle School
Public

8

WHITE STATION MIDDLE SCHOOL
Middle School
Public

8

WHITE STATION HIGH SCHOOL
High School
Public