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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

    $174,598

    AVERAGE PRICE OF 2,425 HOMES

    $1,579,219

    AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

    $344,498

    AVERAGE PRICE OF 36 NEWLY BUILT HOMES

    $405,690

    AVERAGE PRICE OF 231 HOMES WITH A POOL

    $215,300

    AVERAGE PRICE OF 836 REDUCED PRICE HOMES

    Average Home

    Average Price $174,598
    Avg Bedrooms 3.34 beds
    Avg Bathrooms 2.28 baths

    Average Price by Bedrooms

    1 bedroom $183,600
    2 bedrooms $135,307
    3 bedrooms $135,521
    4 bedrooms $429,261
    5 bedrooms $493,820
    Memphis Home Price Trends
      10/2018 9/2018 8/2018 7/2018 6/2018
    Total Listings 2,436 2,479 2,503 2,510 2,475
    Average Price $185,343 $186,001 $183,554 $183,506 $190,293
    Avg Price Change -0.36% +1.33% +0.03% -3.70% -1.38%
    Median Price $104,804 $108,117 $109,255 $109,264 $111,753
    Med Price Change -3.16% -1.05% -0.01% -2.28% -1.02%
    Avg Bedrooms 3.41 beds 3.4 beds 3.43 beds 3.49 beds 3.67 beds
    Avg Bathrooms 2.36 baths 2.38 baths 2.24 baths 2.07 baths 2.16 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Central High School 1 $579,000 58 days
    Memphis 3 $389,766 159 days
    Shelby County 2 $158,250 50 days
    Whitehaven 1 $179,900 22 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 2,425 $174,598 99 days
    Multi-Million Dollar Homes 32 $1,579,219 182 days
    Newly Built Homes 36 $344,498 214 days
    Homes with a Pool 231 $405,690 107 days
    Reduced Price Homes 836 $215,300 124 days

    School Data

    Highly Rated Memphis Schools

    8

    MACON-HALL ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    IDLEWILD ELEMENTARY SCHOOL
    Middle School
    Public

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