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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

    $192,868

    AVERAGE PRICE OF 2,391 HOMES

    $1,505,872

    AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

    $379,064

    AVERAGE PRICE OF 59 NEWLY BUILT HOMES

    $469,776

    AVERAGE PRICE OF 250 HOMES WITH A POOL

    $306,222

    AVERAGE PRICE OF 48 REDUCED PRICE HOMES

    Average Home

    Average Price $192,868
    Avg Bedrooms 3.56 beds
    Avg Bathrooms 2.34 baths

    Average Price by Bedrooms

    1 bedroom $166,800
    2 bedrooms $101,345
    3 bedrooms $145,564
    4 bedrooms $299,459
    5 bedrooms $508,542
    Memphis Home Price Trends
      4/2019 3/2019 2/2019 1/2019 12/2018
    Total Listings 2,282 2,138 2,096 1,994 2,225
    Average Price $183,418 $177,024 $173,755 $171,549 $169,894
    Avg Price Change +3.61% +1.88% +1.29% +0.97% -3.67%
    Median Price $101,629 $97,869 $98,455 $97,891 $95,112
    Med Price Change +3.84% -0.60% +0.58% +2.92% -5.68%
    Avg Bedrooms 3.55 beds 3.54 beds 3.52 beds 3.31 beds 3.18 beds
    Avg Bathrooms 2.23 baths 2.15 baths 2.15 baths 2.09 baths 2 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Central High School 1 $579,000 245 days
    Memphis 1 $54,650 162 days
    Shelby County 2 $356,250 109 days
    Whitehaven 1 $162,000 209 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 2,391 $192,868 131 days
    Multi-Million Dollar Homes 43 $1,505,872 142 days
    Newly Built Homes 59 $379,064 109 days
    Homes with a Pool 250 $469,776 133 days
    Reduced Price Homes 48 $306,222 57 days

    School Data

    Highly Rated Memphis Schools

    8

    MACON-HALL ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    IDLEWILD ELEMENTARY SCHOOL
    Middle School
    Public

    8

    WHITE STATION MIDDLE SCHOOL
    Middle School
    Public

    8

    WHITE STATION HIGH SCHOOL
    High School
    Public