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Barbara Dixon
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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

$192,286

AVERAGE PRICE OF 1,937 HOMES

$1,559,527

AVERAGE PRICE OF 34 MULTI-MILLION DOLLAR HOMES

$340,318

AVERAGE PRICE OF 83 NEWLY BUILT HOMES

$416,523

AVERAGE PRICE OF 193 HOMES WITH A POOL

$271,472

AVERAGE PRICE OF 47 REDUCED PRICE HOMES

Average Home

Average Price $192,286
Avg Bedrooms 3.7 beds
Avg Bathrooms 2.42 baths

Average Price by Bedrooms

1 bedroom $157,996
2 bedrooms $106,333
3 bedrooms $287,775
4 bedrooms $264,765
5 bedrooms $617,513
Memphis Home Price Trends
  12/2019 11/2019 10/2019 9/2019 8/2019
Total Listings 2,008 2,160 2,236 2,234 2,277
Average Price $195,845 $199,812 $193,117 $191,582 $194,332
Avg Price Change -2.03% +3.47% +0.80% -1.44% -1.28%
Median Price $115,949 $123,428 $109,826 $107,061 $108,933
Med Price Change -6.45% +12.39% +2.58% -1.75% -3.17%
Avg Bedrooms 4.3 beds 4.07 beds 3.89 beds 4.05 beds 3.84 beds
Avg Bathrooms 2.84 baths 2.62 baths 2.4 baths 2.42 baths 2.33 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Shelby County 3 $332,966 34 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,937 $192,286 73 days
Multi-Million Dollar Homes 34 $1,559,527 178 days
Newly Built Homes 83 $340,318 79 days
Homes with a Pool 193 $416,523 88 days
Reduced Price Homes 47 $271,472 54 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public