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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

    $196,823

    AVERAGE PRICE OF 2,308 HOMES

    $1,517,619

    AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

    $371,885

    AVERAGE PRICE OF 66 NEWLY BUILT HOMES

    $447,675

    AVERAGE PRICE OF 220 HOMES WITH A POOL

    $318,858

    AVERAGE PRICE OF 75 REDUCED PRICE HOMES

    Average Home

    Average Price $196,823
    Avg Bedrooms 3.56 beds
    Avg Bathrooms 2.31 baths

    Average Price by Bedrooms

    1 bedroom $136,735
    2 bedrooms $105,160
    3 bedrooms $186,397
    4 bedrooms $234,465
    5 bedrooms $498,375
    Memphis Home Price Trends
      6/2019 5/2019 4/2019 3/2019 2/2019
    Total Listings 2,327 2,364 2,282 2,138 2,096
    Average Price $196,449 $193,751 $183,418 $177,024 $173,755
    Avg Price Change +1.39% +5.63% +3.61% +1.88% +1.29%
    Median Price $112,051 $108,790 $101,629 $97,869 $98,455
    Med Price Change +3.00% +7.05% +3.84% -0.60% +0.58%
    Avg Bedrooms 3.61 beds 3.56 beds 3.55 beds 3.54 beds 3.52 beds
    Avg Bathrooms 2.35 baths 2.34 baths 2.23 baths 2.15 baths 2.15 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Memphis 1 $54,650 222 days
    Shelby County 3 $308,266 118 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 2,308 $196,823 117 days
    Multi-Million Dollar Homes 43 $1,517,619 149 days
    Newly Built Homes 66 $371,885 112 days
    Homes with a Pool 220 $447,675 161 days
    Reduced Price Homes 75 $318,858 61 days

    School Data

    Highly Rated Memphis Schools

    8

    MACON-HALL ELEMENTARY SCHOOL
    Elementary School
    Public