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Eric Mhoon
901-653-7550

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

$193,096

AVERAGE PRICE OF 1,962 HOMES

$1,554,678

AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES

$338,353

AVERAGE PRICE OF 82 NEWLY BUILT HOMES

$418,746

AVERAGE PRICE OF 197 HOMES WITH A POOL

$322,032

AVERAGE PRICE OF 52 REDUCED PRICE HOMES

$40,800

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $193,096
Avg Bedrooms 3.47 beds
Avg Bathrooms 1.95 baths

Average Price by Bedrooms

1 bedroom $153,830
2 bedrooms $73,504
3 bedrooms $287,892
4 bedrooms $183,088
5 bedrooms $624,096
Memphis Home Price Trends
  12/2019 11/2019 10/2019 9/2019 8/2019
Total Listings 2,008 2,160 2,236 2,234 2,277
Average Price $195,845 $199,812 $193,117 $191,582 $194,332
Avg Price Change -2.03% +3.47% +0.80% -1.44% -1.28%
Median Price $115,949 $123,428 $109,826 $107,061 $108,933
Med Price Change -6.45% +12.39% +2.58% -1.75% -3.17%
Avg Bedrooms 4.3 beds 4.07 beds 3.89 beds 4.05 beds 3.84 beds
Avg Bathrooms 2.84 baths 2.62 baths 2.4 baths 2.42 baths 2.33 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Shelby County 3 $332,966 38 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,962 $193,096 90 days
Multi-Million Dollar Homes 36 $1,554,678 172 days
Newly Built Homes 82 $338,353 80 days
Homes with a Pool 197 $418,746 88 days
Reduced Price Homes 52 $322,032 62 days
Distressed Homes 1 $40,800 192 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public