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Cheryl Brogdon
901-461-3633

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

$220,082

AVERAGE PRICE OF 1,844 HOMES

$1,693,673

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$311,794

AVERAGE PRICE OF 84 NEWLY BUILT HOMES

$461,507

AVERAGE PRICE OF 203 HOMES WITH A POOL

$351,395

AVERAGE PRICE OF 45 REDUCED PRICE HOMES

$40,800

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $220,082
Avg Bedrooms 2.55 beds
Avg Bathrooms 1.44 baths

Average Price by Bedrooms

1 bedroom $141,252
2 bedrooms $75,436
3 bedrooms $156,632
4 bedrooms $312,681
5 bedrooms $717,714
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
Melrose High 1 $18,275 115 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,844 $220,082 160 days
Multi-Million Dollar Homes 37 $1,693,673 158 days
Newly Built Homes 84 $311,794 102 days
Homes with a Pool 203 $461,507 87 days
Reduced Price Homes 45 $351,395 62 days
Distressed Homes 1 $40,800 315 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public