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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

    $182,555

    AVERAGE PRICE OF 2,521 HOMES

    $1,496,592

    AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

    $319,982

    AVERAGE PRICE OF 40 NEWLY BUILT HOMES

    $439,146

    AVERAGE PRICE OF 248 HOMES WITH A POOL

    $218,450

    AVERAGE PRICE OF 752 REDUCED PRICE HOMES

    Average Home

    Average Price $182,555
    Avg Bedrooms 3.46 beds
    Avg Bathrooms 2.15 baths

    Average Price by Bedrooms

    1 bedroom $148,829
    2 bedrooms $134,276
    3 bedrooms $108,066
    4 bedrooms $277,899
    5 bedrooms $501,631
    Memphis Home Price Trends
      6/2018 5/2018 4/2018 3/2018 2/2018
    Total Listings 2,475 2,461 n/a 2,253 2,163
    Average Price $190,293 $192,918 n/a $175,088 $169,423
    Avg Price Change -1.38% n/a n/a +3.34% -0.03%
    Median Price $111,753 $112,888 n/a $94,583 $89,787
    Med Price Change -1.02% n/a n/a +5.34% -0.09%
    Avg Bedrooms 3.67 beds 3.79 beds n/a 2.67 beds 2.85 beds
    Avg Bathrooms 2.16 baths 2.21 baths n/a 1.51 baths 1.71 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Memphis 4 $333,950 122 days
    Shelby County 1 $39,000 162 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 2,521 $182,555 115 days
    Multi-Million Dollar Homes 37 $1,496,592 159 days
    Newly Built Homes 40 $319,982 193 days
    Homes with a Pool 248 $439,146 89 days
    Reduced Price Homes 752 $218,450 127 days

    School Data

    Highly Rated Memphis Schools

    8

    MACON-HALL ELEMENTARY SCHOOL
    Elementary School
    Public