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Memphis Market Report

$222,945

AVERAGE PRICE OF 1,994 HOMES

$1,714,884

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$374,892

AVERAGE PRICE OF 74 NEWLY BUILT HOMES

$549,212

AVERAGE PRICE OF 158 HOMES WITH A POOL

$318,927

AVERAGE PRICE OF 47 REDUCED PRICE HOMES

Average Home

Average Price $222,945
Avg Bedrooms 3.02 beds
Avg Bathrooms 1.89 baths

Average Price by Bedrooms

1 bedroom $157,696
2 bedrooms $124,914
3 bedrooms $103,420
4 bedrooms $310,130
5 bedrooms $720,389
Memphis Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 1,845 1,742 1,606 1,522 n/a
Average Price $219,524 $218,211 $215,978 $209,784 n/a
Avg Price Change +0.60% +1.03% +2.95% n/a n/a
Median Price $150,902 $153,057 $146,491 $130,222 n/a
Med Price Change -1.43% +4.48% +12.49% n/a n/a
Avg Bedrooms 3.02 beds 2.52 beds 2.5 beds 2.52 beds n/a
Avg Bathrooms 1.89 baths 1.38 baths 1.37 baths 1.37 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Mitchell High 1 $40,000 9 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,994 $222,945 47 days
Multi-Million Dollar Homes 38 $1,714,884 112 days
Newly Built Homes 74 $374,892 134 days
Homes with a Pool 158 $549,212 60 days
Reduced Price Homes 47 $318,927 30 days
Copyright © 2021 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited. This listing was refreshed on July 25, 2021
All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Copyright 2021 RealTracs Solutions. Listing information last updated on July 25, 2021.
Copyright 2021 Northwest Mississippi Association of REALTORS® - REALTOR® Services Corporation Copyright© 2021 by the Multiple Listing Service of REALTOR® SERVICES CORPORATION a subsidiary of the Northwest Mississippi Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the REALTOR® SERVICES CORPORATION a subsidiary of the Northwest Mississippi Association of REALTORS®. Mississippi recognizes single and dual agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is not prohibited.
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