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Jo Ellen Bland
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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

$196,243

AVERAGE PRICE OF 2,091 HOMES

$1,538,011

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$366,505

AVERAGE PRICE OF 62 NEWLY BUILT HOMES

$464,046

AVERAGE PRICE OF 201 HOMES WITH A POOL

$319,473

AVERAGE PRICE OF 64 REDUCED PRICE HOMES

Average Home

Average Price $196,243
Avg Bedrooms 4.55 beds
Avg Bathrooms 2.93 baths

Average Price by Bedrooms

1 bedroom $179,580
2 bedrooms $103,244
3 bedrooms $127,748
4 bedrooms $289,753
5 bedrooms $598,531
Memphis Home Price Trends
  11/2019 10/2019 9/2019 8/2019 7/2019
Total Listings 2,160 2,236 2,234 2,277 2,290
Average Price $199,812 $193,117 $191,582 $194,332 $196,817
Avg Price Change +3.47% +0.80% -1.44% -1.28% +0.19%
Median Price $123,428 $109,826 $107,061 $108,933 $112,383
Med Price Change +12.39% +2.58% -1.75% -3.17% +0.30%
Avg Bedrooms 4.07 beds 3.89 beds 4.05 beds 3.84 beds 3.56 beds
Avg Bathrooms 2.62 baths 2.4 baths 2.42 baths 2.33 baths 2.31 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Shelby County 1 $314,900 13 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,091 $196,243 58 days
Multi-Million Dollar Homes 37 $1,538,011 172 days
Newly Built Homes 62 $366,505 97 days
Homes with a Pool 201 $464,046 90 days
Reduced Price Homes 64 $319,473 66 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public