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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

$171,933

AVERAGE PRICE OF 1,976 HOMES

$1,599,445

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$418,756

AVERAGE PRICE OF 45 NEWLY BUILT HOMES

$379,850

AVERAGE PRICE OF 192 HOMES WITH A POOL

$228,984

AVERAGE PRICE OF 39 REDUCED PRICE HOMES

Average Home

Average Price $171,933
Avg Bedrooms 3.34 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $162,938
2 bedrooms $139,357
3 bedrooms $147,941
4 bedrooms $297,028
5 bedrooms $470,390
Memphis Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 2,225 2,423 2,436 2,479 2,503
Average Price $169,894 $176,125 $185,343 $186,001 $183,554
Avg Price Change -3.67% -5.23% -0.36% +1.33% +0.03%
Median Price $95,112 $100,519 $104,804 $108,117 $109,255
Med Price Change -5.68% -4.26% -3.16% -1.05% -0.01%
Avg Bedrooms 3.18 beds 3.39 beds 3.41 beds 3.4 beds 3.43 beds
Avg Bathrooms 2 baths 2.3 baths 2.36 baths 2.38 baths 2.24 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 1 $579,000 121 days
Memphis 1 $59,900 38 days
Shelby County 2 $318,500 107 days
Whitehaven 1 $179,900 85 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,976 $171,933 103 days
Multi-Million Dollar Homes 27 $1,599,445 180 days
Newly Built Homes 45 $418,756 57 days
Homes with a Pool 192 $379,850 82 days
Reduced Price Homes 39 $228,984 55 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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