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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

$193,689

AVERAGE PRICE OF 2,228 HOMES

$1,571,354

AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

$359,891

AVERAGE PRICE OF 74 NEWLY BUILT HOMES

$452,224

AVERAGE PRICE OF 202 HOMES WITH A POOL

$329,847

AVERAGE PRICE OF 46 REDUCED PRICE HOMES

Average Home

Average Price $193,689
Avg Bedrooms 4.05 beds
Avg Bathrooms 2.43 baths

Average Price by Bedrooms

1 bedroom $170,136
2 bedrooms $99,592
3 bedrooms $128,394
4 bedrooms $289,395
5 bedrooms $476,398
Memphis Home Price Trends
  9/2019 8/2019 7/2019 6/2019 5/2019
Total Listings 2,234 2,277 2,290 2,327 2,364
Average Price $191,582 $194,332 $196,817 $196,449 $193,751
Avg Price Change -1.44% -1.28% +0.19% +1.39% +5.63%
Median Price $107,061 $108,933 $112,383 $112,051 $108,790
Med Price Change -1.75% -3.17% +0.30% +3.00% +7.05%
Avg Bedrooms 4.05 beds 3.84 beds 3.56 beds 3.61 beds 3.56 beds
Avg Bathrooms 2.42 baths 2.33 baths 2.31 baths 2.35 baths 2.34 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Shelby County 1 $395,000 331 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,228 $193,689 214 days
Multi-Million Dollar Homes 35 $1,571,354 189 days
Newly Built Homes 74 $359,891 84 days
Homes with a Pool 202 $452,224 210 days
Reduced Price Homes 46 $329,847 60 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public