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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

$200,721

AVERAGE PRICE OF 2,172 HOMES

$1,526,721

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$366,205

AVERAGE PRICE OF 76 NEWLY BUILT HOMES

$470,894

AVERAGE PRICE OF 207 HOMES WITH A POOL

$343,213

AVERAGE PRICE OF 59 REDUCED PRICE HOMES

Average Home

Average Price $200,721
Avg Bedrooms 3.13 beds
Avg Bathrooms 1.9 baths

Average Price by Bedrooms

1 bedroom $170,775
2 bedrooms $105,542
3 bedrooms $132,218
4 bedrooms $292,860
5 bedrooms $573,321
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
Total Homes Average Price Avg Days on Site
All Homes 2,172 $200,721 102 days
Multi-Million Dollar Homes 38 $1,526,721 157 days
Newly Built Homes 76 $366,205 97 days
Homes with a Pool 207 $470,894 87 days
Reduced Price Homes 59 $343,213 62 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public