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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

    $134,220

    AVERAGE PRICE OF 2,452 HOMES

    $1,577,382

    AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

    $345,898

    AVERAGE PRICE OF 40 NEWLY BUILT HOMES

    $452,268

    AVERAGE PRICE OF 233 HOMES WITH A POOL

    $211,599

    AVERAGE PRICE OF 667 REDUCED PRICE HOMES

    Average Home

    Average Price $134,220
    Avg Bedrooms 3 beds
    Avg Bathrooms 1.73 baths

    Average Price by Bedrooms

    1 bedroom $150,610
    2 bedrooms $130,031
    3 bedrooms $97,982
    4 bedrooms $170,500
    5 bedrooms $539,877
    Memphis Home Price Trends
      3/2018 2/2018 1/2018 12/2017 11/2017
    Total Listings 2,253 2,163 2,135 2,359 2,568
    Average Price $101,410 $109,686 $131,221 $136,215 $136,324
    Avg Price Change -8.16% -19.63% -3.81% -0.08% +4.53%
    Median Price $69,709 $66,126 $69,610 $75,080 $76,275
    Med Price Change +5.42% -5.27% -7.86% -1.59% +1.90%
    Avg Bedrooms 2.67 beds 2.85 beds 3.09 beds 3.17 beds 3.06 beds
    Avg Bathrooms 1.51 baths 1.71 baths 1.95 baths 1.99 baths 1.98 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Kirby High School 1 $152,575 4 days
    Memphis 3 $93,283 211 days
    Shelby County 2 $42,000 80 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 2,452 $134,220 126 days
    Multi-Million Dollar Homes 35 $1,577,382 185 days
    Newly Built Homes 40 $345,898 227 days
    Homes with a Pool 233 $452,268 127 days
    Reduced Price Homes 667 $211,599 152 days

    School Data

    Highly Rated Memphis Schools

    8

    MACON-HALL ELEMENTARY SCHOOL
    Elementary School
    Public

    9

    WHITE STATION ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    WHITE STATION MIDDLE SCHOOL
    Middle School
    Public

    8

    WHITE STATION HIGH SCHOOL
    High School
    Public