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Cozette "Zee" Wallace
901-425-1770

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

$199,735

AVERAGE PRICE OF 1,964 HOMES

$1,489,511

AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES

$327,318

AVERAGE PRICE OF 91 NEWLY BUILT HOMES

$417,612

AVERAGE PRICE OF 195 HOMES WITH A POOL

$295,993

AVERAGE PRICE OF 44 REDUCED PRICE HOMES

$40,800

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $199,735
Avg Bedrooms 3.26 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $160,848
2 bedrooms $75,888
3 bedrooms $292,851
4 bedrooms $156,183
5 bedrooms $491,067
Memphis Home Price Trends
  1/2020 12/2019 11/2019 10/2019 9/2019
Total Listings 1,893 2,008 2,160 2,236 2,234
Average Price $193,690 $195,845 $199,812 $193,117 $191,582
Avg Price Change -1.11% -2.03% +3.47% +0.80% -1.44%
Median Price $112,442 $115,949 $123,428 $109,826 $107,061
Med Price Change -3.12% -6.45% +12.39% +2.58% -1.75%
Avg Bedrooms 3.49 beds 4.3 beds 4.07 beds 3.89 beds 4.05 beds
Avg Bathrooms 2.01 baths 2.84 baths 2.62 baths 2.4 baths 2.42 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Manassas 1 $399,900 21 days
Melrose High 1 $18,275 21 days
Ridgeway High School 1 $85,000 n/a
Shelby County 2 $379,500 78 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,964 $199,735 87 days
Multi-Million Dollar Homes 36 $1,489,511 162 days
Newly Built Homes 91 $327,318 77 days
Homes with a Pool 195 $417,612 96 days
Reduced Price Homes 44 $295,993 82 days
Distressed Homes 1 $40,800 221 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public