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Tracie Benetz
901-647-8267

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

$173,708

AVERAGE PRICE OF 2,141 HOMES

$1,632,750

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$438,581

AVERAGE PRICE OF 62 NEWLY BUILT HOMES

$386,784

AVERAGE PRICE OF 210 HOMES WITH A POOL

$225,869

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

Average Home

Average Price $173,708
Avg Bedrooms 3.54 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $145,617
2 bedrooms $92,881
3 bedrooms $149,226
4 bedrooms $297,200
5 bedrooms $489,214
Memphis Home Price Trends
  1/2019 12/2018 11/2018 10/2018 9/2018
Total Listings 1,994 2,225 2,423 2,436 2,479
Average Price $171,549 $169,894 $176,125 $185,343 $186,001
Avg Price Change +0.97% -3.67% -5.23% -0.36% +1.33%
Median Price $97,891 $95,112 $100,519 $104,804 $108,117
Med Price Change +2.92% -5.68% -4.26% -3.16% -1.05%
Avg Bedrooms 3.31 beds 3.18 beds 3.39 beds 3.41 beds 3.4 beds
Avg Bathrooms 2.09 baths 2 baths 2.3 baths 2.36 baths 2.38 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 1 $579,000 155 days
Memphis 1 $59,900 72 days
Shelby County 1 $450,000 94 days
Whitehaven 1 $179,900 119 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,141 $173,708 109 days
Multi-Million Dollar Homes 32 $1,632,750 177 days
Newly Built Homes 62 $438,581 62 days
Homes with a Pool 210 $386,784 100 days
Reduced Price Homes 36 $225,869 55 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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