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Steven Whitney
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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

$182,555

AVERAGE PRICE OF 2,521 HOMES

$1,496,592

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$319,982

AVERAGE PRICE OF 40 NEWLY BUILT HOMES

$439,146

AVERAGE PRICE OF 248 HOMES WITH A POOL

$218,450

AVERAGE PRICE OF 752 REDUCED PRICE HOMES

Average Home

Average Price $182,555
Avg Bedrooms 3.46 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $148,829
2 bedrooms $134,276
3 bedrooms $108,066
4 bedrooms $277,899
5 bedrooms $501,631
Memphis Home Price Trends
  6/2018 5/2018 4/2018 3/2018 2/2018
Total Listings 2,475 2,461 n/a 2,253 2,163
Average Price $190,293 $192,918 n/a $175,088 $169,423
Avg Price Change -1.38% n/a n/a +3.34% -0.03%
Median Price $111,753 $112,888 n/a $94,583 $89,787
Med Price Change -1.02% n/a n/a +5.34% -0.09%
Avg Bedrooms 3.67 beds 3.79 beds n/a 2.67 beds 2.85 beds
Avg Bathrooms 2.16 baths 2.21 baths n/a 1.51 baths 1.71 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Memphis 4 $333,950 122 days
Shelby County 1 $39,000 162 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 2,521 $182,555 115 days
Multi-Million Dollar Homes 37 $1,496,592 159 days
Newly Built Homes 40 $319,982 193 days
Homes with a Pool 248 $439,146 89 days
Reduced Price Homes 752 $218,450 127 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public