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David Anthony
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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

$218,965

AVERAGE PRICE OF 1,860 HOMES

$1,701,275

AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES

$307,046

AVERAGE PRICE OF 83 NEWLY BUILT HOMES

$456,522

AVERAGE PRICE OF 209 HOMES WITH A POOL

$284,358

AVERAGE PRICE OF 43 REDUCED PRICE HOMES

$40,800

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $218,965
Avg Bedrooms 2.7 beds
Avg Bathrooms 1.63 baths

Average Price by Bedrooms

1 bedroom $141,813
2 bedrooms $75,763
3 bedrooms $208,195
4 bedrooms $314,582
5 bedrooms $695,691
Memphis Home Price Trends
  4/2020 3/2020 2/2020 1/2020 12/2019
Total Listings 1,924 1,951 1,954 1,893 2,008
Average Price $210,649 $209,853 $197,284 $193,690 $195,845
Avg Price Change +0.38% +6.37% +1.86% -1.11% -2.03%
Median Price $130,735 $126,711 $119,726 $112,442 $115,949
Med Price Change +3.18% +5.83% +6.48% -3.12% -6.45%
Avg Bedrooms 3.48 beds 3.32 beds 3.45 beds 3.49 beds 4.3 beds
Avg Bathrooms 2.28 baths 2.3 baths 2.22 baths 2.01 baths 2.84 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Germantown High School 1 $260,000 3 days
Melrose High 1 $18,275 111 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,860 $218,965 106 days
Multi-Million Dollar Homes 36 $1,701,275 158 days
Newly Built Homes 83 $307,046 100 days
Homes with a Pool 209 $456,522 85 days
Reduced Price Homes 43 $284,358 68 days
Distressed Homes 1 $40,800 311 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public