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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

    $177,256

    AVERAGE PRICE OF 2,180 HOMES

    $1,595,355

    AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

    $449,078

    AVERAGE PRICE OF 53 NEWLY BUILT HOMES

    $399,495

    AVERAGE PRICE OF 222 HOMES WITH A POOL

    $370,504

    AVERAGE PRICE OF 46 REDUCED PRICE HOMES

    Average Home

    Average Price $177,256
    Avg Bedrooms 3.54 beds
    Avg Bathrooms 2.16 baths

    Average Price by Bedrooms

    1 bedroom $158,837
    2 bedrooms $98,767
    3 bedrooms $148,627
    4 bedrooms $297,475
    5 bedrooms $497,645
    Memphis Home Price Trends
      2/2019 1/2019 12/2018 11/2018 10/2018
    Total Listings 2,096 1,994 2,225 2,423 2,436
    Average Price $173,755 $171,549 $169,894 $176,125 $185,343
    Avg Price Change +1.29% +0.97% -3.67% -5.23% -0.36%
    Median Price $98,455 $97,891 $95,112 $100,519 $104,804
    Med Price Change +0.58% +2.92% -5.68% -4.26% -3.16%
    Avg Bedrooms 3.52 beds 3.31 beds 3.18 beds 3.39 beds 3.41 beds
    Avg Bathrooms 2.15 baths 2.09 baths 2 baths 2.3 baths 2.36 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Central High School 1 $579,000 188 days
    Memphis 1 $59,900 105 days
    Shelby County 1 $430,000 127 days
    Whitehaven 1 $179,000 152 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 2,180 $177,256 123 days
    Multi-Million Dollar Homes 31 $1,595,355 171 days
    Newly Built Homes 53 $449,078 86 days
    Homes with a Pool 222 $399,495 107 days
    Reduced Price Homes 46 $370,504 72 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

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