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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

$193,266

AVERAGE PRICE OF 2,269 HOMES

$1,555,695

AVERAGE PRICE OF 41 MULTI-MILLION DOLLAR HOMES

$343,247

AVERAGE PRICE OF 65 NEWLY BUILT HOMES

$457,498

AVERAGE PRICE OF 219 HOMES WITH A POOL

$206,601

AVERAGE PRICE OF 62 REDUCED PRICE HOMES

Average Home

Average Price $193,266
Avg Bedrooms 4.04 beds
Avg Bathrooms 2.42 baths

Average Price by Bedrooms

1 bedroom $124,012
2 bedrooms $103,083
3 bedrooms $129,484
4 bedrooms $292,501
5 bedrooms $497,144
Memphis Home Price Trends
  7/2019 6/2019 5/2019 4/2019 3/2019
Total Listings n/a 2,327 2,364 2,282 2,138
Average Price n/a $196,449 $193,751 $183,418 $177,024
Avg Price Change n/a +1.39% +5.63% +3.61% +1.88%
Median Price n/a $112,051 $108,790 $101,629 $97,869
Med Price Change n/a +3.00% +7.05% +3.84% -0.60%
Avg Bedrooms n/a 3.61 beds 3.56 beds 3.55 beds 3.54 beds
Avg Bathrooms n/a 2.35 baths 2.34 baths 2.23 baths 2.15 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Shelby County 1 $395,000 277 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,269 $193,266 186 days
Multi-Million Dollar Homes 41 $1,555,695 159 days
Newly Built Homes 65 $343,247 122 days
Homes with a Pool 219 $457,498 176 days
Reduced Price Homes 62 $206,601 53 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public