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Christine Lundy
901-340-9178

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

$223,964

AVERAGE PRICE OF 1,796 HOMES

$1,659,059

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$354,342

AVERAGE PRICE OF 73 NEWLY BUILT HOMES

$457,670

AVERAGE PRICE OF 174 HOMES WITH A POOL

$359,964

AVERAGE PRICE OF 45 REDUCED PRICE HOMES

$40,800

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $223,964
Avg Bedrooms 2.55 beds
Avg Bathrooms 1.44 baths

Average Price by Bedrooms

1 bedroom $146,341
2 bedrooms $85,261
3 bedrooms $158,774
4 bedrooms $326,360
5 bedrooms $636,046
Memphis Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 1,828 1,857 1,842 1,924 1,951
Average Price $223,786 $224,157 $214,971 $210,649 $209,853
Avg Price Change -0.17% +4.27% +2.05% +0.38% +6.37%
Median Price $142,060 $140,621 $135,815 $130,735 $126,711
Med Price Change +1.02% +3.54% +3.89% +3.18% +5.83%
Avg Bedrooms 2.36 beds 2.36 beds 2.55 beds 3.48 beds 3.32 beds
Avg Bathrooms 1.62 baths 1.63 baths 1.44 baths 2.28 baths 2.3 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,796 $223,964 243 days
Multi-Million Dollar Homes 32 $1,659,059 155 days
Newly Built Homes 73 $354,342 125 days
Homes with a Pool 174 $457,670 73 days
Reduced Price Homes 45 $359,964 46 days
Distressed Homes 1 $40,800 388 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public