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Benjamin Winston
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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

$192,066

AVERAGE PRICE OF 1,941 HOMES

$1,550,669

AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

$344,425

AVERAGE PRICE OF 80 NEWLY BUILT HOMES

$408,623

AVERAGE PRICE OF 196 HOMES WITH A POOL

$297,606

AVERAGE PRICE OF 48 REDUCED PRICE HOMES

$40,800

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $192,066
Avg Bedrooms 3.46 beds
Avg Bathrooms 1.94 baths

Average Price by Bedrooms

1 bedroom $153,996
2 bedrooms $73,059
3 bedrooms $287,525
4 bedrooms $184,122
5 bedrooms $619,522
Memphis Home Price Trends
  12/2019 11/2019 10/2019 9/2019 8/2019
Total Listings 2,008 2,160 2,236 2,234 2,277
Average Price $195,845 $199,812 $193,117 $191,582 $194,332
Avg Price Change -2.03% +3.47% +0.80% -1.44% -1.28%
Median Price $115,949 $123,428 $109,826 $107,061 $108,933
Med Price Change -6.45% +12.39% +2.58% -1.75% -3.17%
Avg Bedrooms 4.3 beds 4.07 beds 3.89 beds 4.05 beds 3.84 beds
Avg Bathrooms 2.84 baths 2.62 baths 2.4 baths 2.42 baths 2.33 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Shelby County 3 $332,966 35 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,941 $192,066 88 days
Multi-Million Dollar Homes 35 $1,550,669 174 days
Newly Built Homes 80 $344,425 79 days
Homes with a Pool 196 $408,623 86 days
Reduced Price Homes 48 $297,606 53 days
Distressed Homes 1 $40,800 189 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public