If you need assistance, please call 901-577-3948

Memphis Market Report

$196,328

AVERAGE PRICE OF 2,083 HOMES

$1,538,011

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$366,505

AVERAGE PRICE OF 62 NEWLY BUILT HOMES

$460,492

AVERAGE PRICE OF 204 HOMES WITH A POOL

$288,554

AVERAGE PRICE OF 65 REDUCED PRICE HOMES

Average Home

Average Price $196,328
Avg Bedrooms 4.55 beds
Avg Bathrooms 2.93 baths

Average Price by Bedrooms

1 bedroom $182,901
2 bedrooms $102,291
3 bedrooms $127,662
4 bedrooms $290,148
5 bedrooms $587,815
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 15 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,083 $196,328 59 days
Multi-Million Dollar Homes 37 $1,538,011 174 days
Newly Built Homes 62 $366,505 99 days
Homes with a Pool 204 $460,492 90 days
Reduced Price Homes 65 $288,554 65 days
EXIT Realty Blues City
2150 W. Poplar Ave, Suite 108
Collierville, TN 38017
901-577-3948
Integrity Mortgage Group
Charity Goode
Licensed Mortgage Loan Originator
NMLS 1078755
901-359-5912
cgoode@integritymtgs.com

Copyright © 2019 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 December 8, 2019
Copyright 2019 Northwest Mississippi Association of REALTORS® - REALTOR® Services Corporation Copyright© 2019 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.