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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

$174,086

AVERAGE PRICE OF 2,444 HOMES

$1,579,219

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$344,498

AVERAGE PRICE OF 36 NEWLY BUILT HOMES

$400,227

AVERAGE PRICE OF 235 HOMES WITH A POOL

$215,653

AVERAGE PRICE OF 837 REDUCED PRICE HOMES

Average Home

Average Price $174,086
Avg Bedrooms 3.34 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $183,600
2 bedrooms $135,130
3 bedrooms $135,531
4 bedrooms $428,624
5 bedrooms $496,060
Memphis Home Price Trends
  10/2018 9/2018 8/2018 7/2018 6/2018
Total Listings 2,436 2,479 2,503 2,510 2,475
Average Price $185,343 $186,001 $183,554 $183,506 $190,293
Avg Price Change -0.36% +1.33% +0.03% -3.70% -1.38%
Median Price $104,804 $108,117 $109,255 $109,264 $111,753
Med Price Change -3.16% -1.05% -0.01% -2.28% -1.02%
Avg Bedrooms 3.41 beds 3.4 beds 3.43 beds 3.49 beds 3.67 beds
Avg Bathrooms 2.36 baths 2.38 baths 2.24 baths 2.07 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 1 $579,000 60 days
Memphis 3 $389,766 161 days
Shelby County 2 $158,250 52 days
Whitehaven 1 $179,900 24 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,444 $174,086 101 days
Multi-Million Dollar Homes 32 $1,579,219 183 days
Newly Built Homes 36 $344,498 215 days
Homes with a Pool 235 $400,227 106 days
Reduced Price Homes 837 $215,653 125 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public

8

IDLEWILD ELEMENTARY SCHOOL
Middle School
Public

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