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Meleah Thurmond-Edwards
901-246-9755

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

$225,263

AVERAGE PRICE OF 1,758 HOMES

$1,654,542

AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

$352,770

AVERAGE PRICE OF 73 NEWLY BUILT HOMES

$479,967

AVERAGE PRICE OF 172 HOMES WITH A POOL

$385,225

AVERAGE PRICE OF 44 REDUCED PRICE HOMES

$40,800

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $225,263
Avg Bedrooms 2.54 beds
Avg Bathrooms 1.44 baths

Average Price by Bedrooms

1 bedroom $139,241
2 bedrooms $84,433
3 bedrooms $158,840
4 bedrooms $333,507
5 bedrooms $642,390
Memphis Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 1,828 1,857 1,842 1,924 1,951
Average Price $223,786 $224,157 $214,971 $210,649 $209,853
Avg Price Change -0.17% +4.27% +2.05% +0.38% +6.37%
Median Price $142,060 $140,621 $135,815 $130,735 $126,711
Med Price Change +1.02% +3.54% +3.89% +3.18% +5.83%
Avg Bedrooms 2.36 beds 2.36 beds 2.55 beds 3.48 beds 3.32 beds
Avg Bathrooms 1.62 baths 1.63 baths 1.44 baths 2.28 baths 2.3 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,758 $225,263 242 days
Multi-Million Dollar Homes 33 $1,654,542 155 days
Newly Built Homes 73 $352,770 123 days
Homes with a Pool 172 $479,967 73 days
Reduced Price Homes 44 $385,225 53 days
Distressed Homes 1 $40,800 384 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public