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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

$196,482

AVERAGE PRICE OF 2,322 HOMES

$1,514,625

AVERAGE PRICE OF 44 MULTI-MILLION DOLLAR HOMES

$368,316

AVERAGE PRICE OF 67 NEWLY BUILT HOMES

$461,200

AVERAGE PRICE OF 217 HOMES WITH A POOL

$338,301

AVERAGE PRICE OF 68 REDUCED PRICE HOMES

Average Home

Average Price $196,482
Avg Bedrooms 3.57 beds
Avg Bathrooms 2.31 baths

Average Price by Bedrooms

1 bedroom $132,320
2 bedrooms $104,602
3 bedrooms $185,954
4 bedrooms $232,478
5 bedrooms $496,566
Memphis Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 2,327 2,364 2,282 2,138 2,096
Average Price $196,449 $193,751 $183,418 $177,024 $173,755
Avg Price Change +1.39% +5.63% +3.61% +1.88% +1.29%
Median Price $112,051 $108,790 $101,629 $97,869 $98,455
Med Price Change +3.00% +7.05% +3.84% -0.60% +0.58%
Avg Bedrooms 3.61 beds 3.56 beds 3.55 beds 3.54 beds 3.52 beds
Avg Bathrooms 2.35 baths 2.34 baths 2.23 baths 2.15 baths 2.15 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Memphis 1 $54,650 217 days
Shelby County 3 $308,266 113 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,322 $196,482 114 days
Multi-Million Dollar Homes 44 $1,514,625 145 days
Newly Built Homes 67 $368,316 110 days
Homes with a Pool 217 $461,200 159 days
Reduced Price Homes 68 $338,301 65 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public