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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

$185,273

AVERAGE PRICE OF 2,349 HOMES

$1,542,692

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$438,922

AVERAGE PRICE OF 55 NEWLY BUILT HOMES

$430,880

AVERAGE PRICE OF 249 HOMES WITH A POOL

$299,798

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

Average Home

Average Price $185,273
Avg Bedrooms 3.55 beds
Avg Bathrooms 2.32 baths

Average Price by Bedrooms

1 bedroom $153,554
2 bedrooms $99,759
3 bedrooms $152,200
4 bedrooms $297,988
5 bedrooms $479,513
Memphis Home Price Trends
  3/2019 2/2019 1/2019 12/2018 11/2018
Total Listings 2,138 2,096 1,994 2,225 2,423
Average Price $177,024 $173,755 $171,549 $169,894 $176,125
Avg Price Change +1.88% +1.29% +0.97% -3.67% -5.23%
Median Price $97,869 $98,455 $97,891 $95,112 $100,519
Med Price Change -0.60% +0.58% +2.92% -5.68% -4.26%
Avg Bedrooms 3.54 beds 3.52 beds 3.31 beds 3.18 beds 3.39 beds
Avg Bathrooms 2.15 baths 2.15 baths 2.09 baths 2 baths 2.3 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 1 $579,000 216 days
Memphis 1 $59,900 133 days
Shelby County 2 $358,750 80 days
Whitehaven 1 $179,000 180 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,349 $185,273 118 days
Multi-Million Dollar Homes 37 $1,542,692 162 days
Newly Built Homes 55 $438,922 104 days
Homes with a Pool 249 $430,880 119 days
Reduced Price Homes 36 $299,798 79 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public

8

IDLEWILD ELEMENTARY SCHOOL
Middle School
Public

8

WHITE STATION MIDDLE SCHOOL
Middle School
Public

8

WHITE STATION HIGH SCHOOL
High School
Public

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