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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

    $186,085

    AVERAGE PRICE OF 2,489 HOMES

    $1,649,805

    AVERAGE PRICE OF 41 MULTI-MILLION DOLLAR HOMES

    $348,189

    AVERAGE PRICE OF 40 NEWLY BUILT HOMES

    $421,693

    AVERAGE PRICE OF 259 HOMES WITH A POOL

    $222,489

    AVERAGE PRICE OF 817 REDUCED PRICE HOMES

    Average Home

    Average Price $186,085
    Avg Bedrooms 3.44 beds
    Avg Bathrooms 2.43 baths

    Average Price by Bedrooms

    1 bedroom $160,445
    2 bedrooms $138,066
    3 bedrooms $147,336
    4 bedrooms $443,981
    5 bedrooms $504,229
    Memphis Home Price Trends
      8/2018 7/2018 6/2018 5/2018 4/2018
    Total Listings 2,503 2,510 2,475 2,461 n/a
    Average Price $183,554 $183,506 $190,293 $192,918 n/a
    Avg Price Change +0.03% -3.70% -1.38% n/a n/a
    Median Price $109,255 $109,264 $111,753 $112,888 n/a
    Med Price Change -0.01% -2.28% -1.02% n/a n/a
    Avg Bedrooms 3.43 beds 3.49 beds 3.67 beds 3.79 beds n/a
    Avg Bathrooms 2.24 baths 2.07 baths 2.16 baths 2.21 baths n/a
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Central High School 1 $589,000 2 days
    Memphis 3 $419,800 103 days
    Shelby County 1 $194,500 35 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 2,489 $186,085 85 days
    Multi-Million Dollar Homes 41 $1,649,805 161 days
    Newly Built Homes 40 $348,189 196 days
    Homes with a Pool 259 $421,693 99 days
    Reduced Price Homes 817 $222,489 120 days

    School Data

    Highly Rated Memphis Schools

    8

    MACON-HALL ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    IDLEWILD ELEMENTARY SCHOOL
    Middle School
    Public