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Ed Cox
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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

$212,492

AVERAGE PRICE OF 1,973 HOMES

$1,563,800

AVERAGE PRICE OF 41 MULTI-MILLION DOLLAR HOMES

$330,972

AVERAGE PRICE OF 94 NEWLY BUILT HOMES

$452,295

AVERAGE PRICE OF 203 HOMES WITH A POOL

$292,132

AVERAGE PRICE OF 33 REDUCED PRICE HOMES

$40,800

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $212,492
Avg Bedrooms 3.26 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $143,741
2 bedrooms $71,013
3 bedrooms $298,757
4 bedrooms $316,019
5 bedrooms $491,062
Memphis Home Price Trends
  2/2020 1/2020 12/2019 11/2019 10/2019
Total Listings 1,954 1,893 2,008 2,160 2,236
Average Price $197,284 $193,690 $195,845 $199,812 $193,117
Avg Price Change +1.86% -1.11% -2.03% +3.47% +0.80%
Median Price $119,726 $112,442 $115,949 $123,428 $109,826
Med Price Change +6.48% -3.12% -6.45% +12.39% +2.58%
Avg Bedrooms 3.45 beds 3.49 beds 4.3 beds 4.07 beds 3.89 beds
Avg Bathrooms 2.22 baths 2.01 baths 2.84 baths 2.62 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Manassas 1 $349,900 53 days
Melrose High 1 $18,275 53 days
Shelby County 2 $379,500 110 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,973 $212,492 117 days
Multi-Million Dollar Homes 41 $1,563,800 160 days
Newly Built Homes 94 $330,972 83 days
Homes with a Pool 203 $452,295 92 days
Reduced Price Homes 33 $292,132 50 days
Distressed Homes 1 $40,800 253 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public