If you need assistance, please call 901-221-4041

Dennis Rasche
901-409-6286

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

$192,901

AVERAGE PRICE OF 1,957 HOMES

$1,554,678

AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES

$338,353

AVERAGE PRICE OF 82 NEWLY BUILT HOMES

$418,424

AVERAGE PRICE OF 198 HOMES WITH A POOL

$333,920

AVERAGE PRICE OF 50 REDUCED PRICE HOMES

$40,800

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $192,901
Avg Bedrooms 3.47 beds
Avg Bathrooms 1.95 baths

Average Price by Bedrooms

1 bedroom $157,755
2 bedrooms $73,879
3 bedrooms $288,004
4 bedrooms $182,822
5 bedrooms $620,683
Memphis Home Price Trends
  12/2019 11/2019 10/2019 9/2019 8/2019
Total Listings 2,008 2,160 2,236 2,234 2,277
Average Price $195,845 $199,812 $193,117 $191,582 $194,332
Avg Price Change -2.03% +3.47% +0.80% -1.44% -1.28%
Median Price $115,949 $123,428 $109,826 $107,061 $108,933
Med Price Change -6.45% +12.39% +2.58% -1.75% -3.17%
Avg Bedrooms 4.3 beds 4.07 beds 3.89 beds 4.05 beds 3.84 beds
Avg Bathrooms 2.84 baths 2.62 baths 2.4 baths 2.42 baths 2.33 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Shelby County 3 $332,966 39 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,957 $192,901 91 days
Multi-Million Dollar Homes 36 $1,554,678 173 days
Newly Built Homes 82 $338,353 81 days
Homes with a Pool 198 $418,424 87 days
Reduced Price Homes 50 $333,920 62 days
Distressed Homes 1 $40,800 193 days

School Data

Highly Rated Memphis Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public