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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

$200,439

AVERAGE PRICE OF 2,168 HOMES

$1,528,563

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$360,108

AVERAGE PRICE OF 77 NEWLY BUILT HOMES

$477,592

AVERAGE PRICE OF 204 HOMES WITH A POOL

$315,102

AVERAGE PRICE OF 49 REDUCED PRICE HOMES

Average Home

Average Price $200,439
Avg Bedrooms 3.81 beds
Avg Bathrooms 2.45 baths

Average Price by Bedrooms

1 bedroom $171,191
2 bedrooms $103,963
3 bedrooms $133,161
4 bedrooms $263,545
5 bedrooms $481,311
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
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Shelby County 2 $314,950 192 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,168 $200,439 146 days
Multi-Million Dollar Homes 38 $1,528,563 154 days
Newly Built Homes 77 $360,108 97 days
Homes with a Pool 204 $477,592 223 days
Reduced Price Homes 49 $315,102 60 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public