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Courtney Taylor
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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

$193,169

AVERAGE PRICE OF 2,268 HOMES

$1,571,406

AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

$358,130

AVERAGE PRICE OF 75 NEWLY BUILT HOMES

$460,280

AVERAGE PRICE OF 201 HOMES WITH A POOL

$286,175

AVERAGE PRICE OF 52 REDUCED PRICE HOMES

Average Home

Average Price $193,169
Avg Bedrooms 3.81 beds
Avg Bathrooms 2.43 baths

Average Price by Bedrooms

1 bedroom $163,891
2 bedrooms $98,651
3 bedrooms $130,393
4 bedrooms $261,773
5 bedrooms $473,317
Memphis Home Price Trends
  9/2019 8/2019 7/2019 6/2019 5/2019
Total Listings 2,234 2,277 2,290 2,327 2,364
Average Price $191,582 $194,332 $196,817 $196,449 $193,751
Avg Price Change -1.44% -1.28% +0.19% +1.39% +5.63%
Median Price $107,061 $108,933 $112,383 $112,051 $108,790
Med Price Change -1.75% -3.17% +0.30% +3.00% +7.05%
Avg Bedrooms 4.05 beds 3.84 beds 3.56 beds 3.61 beds 3.56 beds
Avg Bathrooms 2.42 baths 2.33 baths 2.31 baths 2.35 baths 2.34 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Shelby County 2 $317,450 170 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,268 $193,169 134 days
Multi-Million Dollar Homes 33 $1,571,406 191 days
Newly Built Homes 75 $358,130 88 days
Homes with a Pool 201 $460,280 214 days
Reduced Price Homes 52 $286,175 57 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public