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Donna Taylor
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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

$201,805

AVERAGE PRICE OF 1,963 HOMES

$1,474,274

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$328,696

AVERAGE PRICE OF 98 NEWLY BUILT HOMES

$431,355

AVERAGE PRICE OF 188 HOMES WITH A POOL

$248,272

AVERAGE PRICE OF 48 REDUCED PRICE HOMES

$40,800

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $201,805
Avg Bedrooms 3.49 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $155,451
2 bedrooms $69,350
3 bedrooms $294,181
4 bedrooms $160,752
5 bedrooms $486,035
Memphis Home Price Trends
  1/2020 12/2019 11/2019 10/2019 9/2019
Total Listings 1,893 2,008 2,160 2,236 2,234
Average Price $193,690 $195,845 $199,812 $193,117 $191,582
Avg Price Change -1.11% -2.03% +3.47% +0.80% -1.44%
Median Price $112,442 $115,949 $123,428 $109,826 $107,061
Med Price Change -3.12% -6.45% +12.39% +2.58% -1.75%
Avg Bedrooms 3.49 beds 4.3 beds 4.07 beds 3.89 beds 4.05 beds
Avg Bathrooms 2.01 baths 2.84 baths 2.62 baths 2.4 baths 2.42 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Manassas 1 $399,900 25 days
Melrose High 1 $18,275 25 days
Shelby County 2 $379,500 82 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,963 $201,805 94 days
Multi-Million Dollar Homes 38 $1,474,274 158 days
Newly Built Homes 98 $328,696 72 days
Homes with a Pool 188 $431,355 98 days
Reduced Price Homes 48 $248,272 60 days
Distressed Homes 1 $40,800 225 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public