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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

$201,777

AVERAGE PRICE OF 2,139 HOMES

$1,540,281

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$365,404

AVERAGE PRICE OF 73 NEWLY BUILT HOMES

$476,913

AVERAGE PRICE OF 205 HOMES WITH A POOL

$284,170

AVERAGE PRICE OF 54 REDUCED PRICE HOMES

Average Home

Average Price $201,777
Avg Bedrooms 3.13 beds
Avg Bathrooms 1.89 baths

Average Price by Bedrooms

1 bedroom $172,459
2 bedrooms $105,766
3 bedrooms $132,432
4 bedrooms $292,131
5 bedrooms $581,435
Memphis Home Price Trends
  10/2019 9/2019 8/2019 7/2019 6/2019
Total Listings 2,236 2,234 2,277 2,290 2,327
Average Price $193,117 $191,582 $194,332 $196,817 $196,449
Avg Price Change +0.80% -1.44% -1.28% +0.19% +1.39%
Median Price $109,826 $107,061 $108,933 $112,383 $112,051
Med Price Change +2.58% -1.75% -3.17% +0.30% +3.00%
Avg Bedrooms 3.89 beds 4.05 beds 3.84 beds 3.56 beds 3.61 beds
Avg Bathrooms 2.4 baths 2.42 baths 2.33 baths 2.31 baths 2.35 baths
Total Homes Average Price Avg Days on Site
All Homes 2,139 $201,777 103 days
Multi-Million Dollar Homes 37 $1,540,281 163 days
Newly Built Homes 73 $365,404 97 days
Homes with a Pool 205 $476,913 87 days
Reduced Price Homes 54 $284,170 54 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public