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Linita Stewart
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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

$168,316

AVERAGE PRICE OF 2,212 HOMES

$1,634,828

AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

$396,088

AVERAGE PRICE OF 44 NEWLY BUILT HOMES

$380,652

AVERAGE PRICE OF 198 HOMES WITH A POOL

$197,589

AVERAGE PRICE OF 735 REDUCED PRICE HOMES

Average Home

Average Price $168,316
Avg Bedrooms 3.2 beds
Avg Bathrooms 1.99 baths

Average Price by Bedrooms

1 bedroom $166,496
2 bedrooms $131,153
3 bedrooms $147,573
4 bedrooms $288,405
5 bedrooms $487,784
Memphis Home Price Trends
  11/2018 10/2018 9/2018 8/2018 7/2018
Total Listings 2,423 2,436 2,479 2,503 2,510
Average Price $176,125 $185,343 $186,001 $183,554 $183,506
Avg Price Change -5.23% -0.36% +1.33% +0.03% -3.70%
Median Price $100,519 $104,804 $108,117 $109,255 $109,264
Med Price Change -4.26% -3.16% -1.05% -0.01% -2.28%
Avg Bedrooms 3.39 beds 3.41 beds 3.4 beds 3.43 beds 3.49 beds
Avg Bathrooms 2.3 baths 2.36 baths 2.38 baths 2.24 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 1 $579,000 91 days
Memphis 2 $104,450 97 days
Shelby County 2 $318,500 77 days
Whitehaven 1 $179,900 55 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,212 $168,316 98 days
Multi-Million Dollar Homes 29 $1,634,828 167 days
Newly Built Homes 44 $396,088 50 days
Homes with a Pool 198 $380,652 71 days
Reduced Price Homes 735 $197,589 144 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public

8

IDLEWILD ELEMENTARY SCHOOL
Middle School
Public

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