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Linda Bell
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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

$192,375

AVERAGE PRICE OF 2,225 HOMES

$1,531,808

AVERAGE PRICE OF 39 MULTI-MILLION DOLLAR HOMES

$351,995

AVERAGE PRICE OF 73 NEWLY BUILT HOMES

$434,263

AVERAGE PRICE OF 208 HOMES WITH A POOL

$339,718

AVERAGE PRICE OF 60 REDUCED PRICE HOMES

Average Home

Average Price $192,375
Avg Bedrooms 4.05 beds
Avg Bathrooms 2.43 baths

Average Price by Bedrooms

1 bedroom $153,136
2 bedrooms $97,418
3 bedrooms $126,078
4 bedrooms $298,944
5 bedrooms $479,569
Memphis Home Price Trends
  8/2019 7/2019 6/2019 5/2019 4/2019
Total Listings 2,277 2,290 2,327 2,364 2,282
Average Price $194,332 $196,817 $196,449 $193,751 $183,418
Avg Price Change -1.28% +0.19% +1.39% +5.63% +3.61%
Median Price $108,933 $112,383 $112,051 $108,790 $101,629
Med Price Change -3.17% +0.30% +3.00% +7.05% +3.84%
Avg Bedrooms 3.84 beds 3.56 beds 3.61 beds 3.56 beds 3.55 beds
Avg Bathrooms 2.33 baths 2.31 baths 2.35 baths 2.34 baths 2.23 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Shelby County 1 $395,000 308 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,225 $192,375 204 days
Multi-Million Dollar Homes 39 $1,531,808 184 days
Newly Built Homes 73 $351,995 121 days
Homes with a Pool 208 $434,263 194 days
Reduced Price Homes 60 $339,718 54 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public