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Anthony Mannie
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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

$195,974

AVERAGE PRICE OF 2,302 HOMES

$1,517,619

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$362,086

AVERAGE PRICE OF 64 NEWLY BUILT HOMES

$444,331

AVERAGE PRICE OF 222 HOMES WITH A POOL

$306,070

AVERAGE PRICE OF 65 REDUCED PRICE HOMES

Average Home

Average Price $195,974
Avg Bedrooms 3.56 beds
Avg Bathrooms 2.31 baths

Average Price by Bedrooms

1 bedroom $134,634
2 bedrooms $103,891
3 bedrooms $186,180
4 bedrooms $235,106
5 bedrooms $497,949
Memphis Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 2,327 2,364 2,282 2,138 2,096
Average Price $196,449 $193,751 $183,418 $177,024 $173,755
Avg Price Change +1.39% +5.63% +3.61% +1.88% +1.29%
Median Price $112,051 $108,790 $101,629 $97,869 $98,455
Med Price Change +3.00% +7.05% +3.84% -0.60% +0.58%
Avg Bedrooms 3.61 beds 3.56 beds 3.55 beds 3.54 beds 3.52 beds
Avg Bathrooms 2.35 baths 2.34 baths 2.23 baths 2.15 baths 2.15 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Memphis 1 $54,650 224 days
Shelby County 3 $308,266 120 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,302 $195,974 118 days
Multi-Million Dollar Homes 43 $1,517,619 151 days
Newly Built Homes 64 $362,086 115 days
Homes with a Pool 222 $444,331 162 days
Reduced Price Homes 65 $306,070 46 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public