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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

$197,088

AVERAGE PRICE OF 2,301 HOMES

$1,517,640

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$371,898

AVERAGE PRICE OF 66 NEWLY BUILT HOMES

$444,470

AVERAGE PRICE OF 222 HOMES WITH A POOL

$321,656

AVERAGE PRICE OF 66 REDUCED PRICE HOMES

Average Home

Average Price $197,088
Avg Bedrooms 3.56 beds
Avg Bathrooms 2.31 baths

Average Price by Bedrooms

1 bedroom $136,735
2 bedrooms $104,385
3 bedrooms $186,788
4 bedrooms $234,100
5 bedrooms $499,873
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 $54,650 221 days
Shelby County 3 $308,266 117 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,301 $197,088 116 days
Multi-Million Dollar Homes 43 $1,517,640 148 days
Newly Built Homes 66 $371,898 111 days
Homes with a Pool 222 $444,470 160 days
Reduced Price Homes 66 $321,656 65 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public