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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

$217,340

AVERAGE PRICE OF 1,687 HOMES

$1,654,090

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$325,809

AVERAGE PRICE OF 78 NEWLY BUILT HOMES

$474,275

AVERAGE PRICE OF 151 HOMES WITH A POOL

$321,797

AVERAGE PRICE OF 34 REDUCED PRICE HOMES

Average Home

Average Price $217,340
Avg Bedrooms 2.52 beds
Avg Bathrooms 1.38 baths

Average Price by Bedrooms

1 bedroom $166,210
2 bedrooms $121,962
3 bedrooms $166,251
4 bedrooms $295,887
5 bedrooms $700,754
Memphis Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 1,606 1,522 n/a 1,517 1,676
Average Price $215,978 $209,784 n/a $201,138 $201,795
Avg Price Change +2.95% n/a n/a -0.33% -5.26%
Median Price $146,491 $130,222 n/a $131,003 $132,242
Med Price Change +12.49% n/a n/a -0.95% -3.93%
Avg Bedrooms 2.5 beds 2.52 beds n/a 2.52 beds 2.52 beds
Avg Bathrooms 1.37 baths 1.37 baths n/a 1.39 baths 1.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Wooddale High 1 $109,000 76 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,687 $217,340 85 days
Multi-Million Dollar Homes 31 $1,654,090 140 days
Newly Built Homes 78 $325,809 132 days
Homes with a Pool 151 $474,275 75 days
Reduced Price Homes 34 $321,797 49 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 May 10, 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 May 10, 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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