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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

$177,256

AVERAGE PRICE OF 2,180 HOMES

$1,595,355

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$449,078

AVERAGE PRICE OF 53 NEWLY BUILT HOMES

$399,495

AVERAGE PRICE OF 222 HOMES WITH A POOL

$370,504

AVERAGE PRICE OF 46 REDUCED PRICE HOMES

Average Home

Average Price $177,256
Avg Bedrooms 3.54 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $158,837
2 bedrooms $98,767
3 bedrooms $148,627
4 bedrooms $297,475
5 bedrooms $497,645
Memphis Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 2,096 1,994 2,225 2,423 2,436
Average Price $173,755 $171,549 $169,894 $176,125 $185,343
Avg Price Change +1.29% +0.97% -3.67% -5.23% -0.36%
Median Price $98,455 $97,891 $95,112 $100,519 $104,804
Med Price Change +0.58% +2.92% -5.68% -4.26% -3.16%
Avg Bedrooms 3.52 beds 3.31 beds 3.18 beds 3.39 beds 3.41 beds
Avg Bathrooms 2.15 baths 2.09 baths 2 baths 2.3 baths 2.36 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 1 $579,000 188 days
Memphis 1 $59,900 105 days
Shelby County 1 $430,000 127 days
Whitehaven 1 $179,000 152 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,180 $177,256 123 days
Multi-Million Dollar Homes 31 $1,595,355 171 days
Newly Built Homes 53 $449,078 86 days
Homes with a Pool 222 $399,495 107 days
Reduced Price Homes 46 $370,504 72 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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