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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

$174,596

AVERAGE PRICE OF 2,145 HOMES

$1,618,688

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$437,793

AVERAGE PRICE OF 63 NEWLY BUILT HOMES

$390,133

AVERAGE PRICE OF 211 HOMES WITH A POOL

$374,016

AVERAGE PRICE OF 37 REDUCED PRICE HOMES

Average Home

Average Price $174,596
Avg Bedrooms 3.54 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $153,779
2 bedrooms $93,334
3 bedrooms $149,618
4 bedrooms $296,088
5 bedrooms $492,491
Memphis Home Price Trends
  1/2019 12/2018 11/2018 10/2018 9/2018
Total Listings 1,994 2,225 2,423 2,436 2,479
Average Price $171,549 $169,894 $176,125 $185,343 $186,001
Avg Price Change +0.97% -3.67% -5.23% -0.36% +1.33%
Median Price $97,891 $95,112 $100,519 $104,804 $108,117
Med Price Change +2.92% -5.68% -4.26% -3.16% -1.05%
Avg Bedrooms 3.31 beds 3.18 beds 3.39 beds 3.41 beds 3.4 beds
Avg Bathrooms 2.09 baths 2 baths 2.3 baths 2.36 baths 2.38 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 1 $579,000 156 days
Memphis 1 $59,900 73 days
Shelby County 1 $450,000 95 days
Whitehaven 1 $179,000 120 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,145 $174,596 109 days
Multi-Million Dollar Homes 32 $1,618,688 178 days
Newly Built Homes 63 $437,793 64 days
Homes with a Pool 211 $390,133 99 days
Reduced Price Homes 37 $374,016 68 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public

8

IDLEWILD ELEMENTARY SCHOOL
Middle School
Public

8

WHITE STATION MIDDLE SCHOOL
Middle School
Public

8

WHITE STATION HIGH SCHOOL
High School
Public

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