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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

$223,552

AVERAGE PRICE OF 1,784 HOMES

$1,659,059

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$354,342

AVERAGE PRICE OF 73 NEWLY BUILT HOMES

$459,550

AVERAGE PRICE OF 172 HOMES WITH A POOL

$367,346

AVERAGE PRICE OF 47 REDUCED PRICE HOMES

$40,800

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $223,552
Avg Bedrooms 2.55 beds
Avg Bathrooms 1.44 baths

Average Price by Bedrooms

1 bedroom $146,341
2 bedrooms $85,388
3 bedrooms $158,405
4 bedrooms $325,665
5 bedrooms $636,648
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 1,784 $223,552 242 days
Multi-Million Dollar Homes 32 $1,659,059 153 days
Newly Built Homes 73 $354,342 123 days
Homes with a Pool 172 $459,550 72 days
Reduced Price Homes 47 $367,346 50 days
Distressed Homes 1 $40,800 386 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public