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Memphis Market Trends

Today, November 12, 2009

Median Sales Price in Memphis

Embed Info
1 yr 5 yr Max
Memphis median sales prices
Number of sold homes in Memphis
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$150,000+70.5%$159,000$88,000$200,000
2 bedrooms$61,384+11.6%$53,000$55,000$56,000
3 bedrooms$72,175+6.1%$65,000$68,000$88,000
4 bedrooms$110,500-7.8%$110,175$119,900$143,000
All properties$79,317+7.2%$71,850$74,000$89,900
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Memphis Summary

Popular neighborhoods in Memphis include Midtown, Jackson - University Area PD, Depot Planning District, Frayser - Raleigh PD, Mc Kellar - Whitehaven-Levi PD, and South Memphis Planning Dist.

 

Average Listing Price in Memphis

Embed Info
1 yr 5 yr Max
Memphis average property price
Memphis – number of properties
No. BedroomsWeek ending
Nov 4
w-o-wWeek ending
Oct 28
Week ending
Oct 21
Week ending
Oct 14
1 bedroom$147,446+0.6%$146,629$149,482$149,081
2 bedrooms$125,607+0.4%$125,124$125,994$126,547
3 bedrooms$126,261+1.6%$124,280$125,666$125,278
4 bedrooms$272,972+0.2%$272,318$271,027$274,038
All properties$185,440+0.6%$184,264$184,533$185,170
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Average Price Per Sqft for Homes in Memphis

Embed Info
1 yr 5 yr Max
Memphis average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$708+475.6%$224$123$4,158
2 bedrooms$178+154.3%$66$70$97
3 bedrooms$63-4.5%$56$66$67
4 bedrooms$56-8.2%$62$61$68
All properties$93+38.8%$60$67$140
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Popular Neighborhoods in Memphis

Neighborhoods Week ending
Nov 4
w-o-w Week ending
Oct 28
Week ending
Oct 21
Midtown 1 — 1 1
Jackson - University Area PD 2 — 2 2
Depot Planning District 3 +1 4 4
Frayser - Raleigh PD 4 -1 3 3
Mc Kellar - Whitehaven-Levi PD 5 — 5 5
South Memphis Planning Dist 6 — 6 6
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Homes for Sale in Memphis

3507 Hacks Cove, Memphis TN
3507 Hacks…
$160,000
3 br  2 ½ ba
460 Alexander Street, Memphis TN
460 Alexan…
$134,900
2 br  1 ba
6740 State Line Road, Memphis TN
6740 State…
$149,000
3 br  2 ½ ba
7683 Callaway Hills Cove, Memphis TN
7683 Calla…
$91,000
4 br  2 ½ ba
990 Gary Street, Memphis TN
990 Gary St…
$60,000
3 br  1 ½ ba
7325 English Cove, Memphis TN
7325 Engli…
$58,000
3 br  2 ba
View all Memphis Homes for Sale
 
Stats & Trends
Memphis

Real Estate Overview

Home Prices Map

Community Info

Neighborhoods

Midtown

Jackson - University Area PD

View more neighborhoods or ZIPs
  • Walnut Grove - Shelby Farms PD
  • Depot Planning District
  • Downtown Medical Center
  • Frayser - Raleigh PD
  • Jackson - University Area PD
  • Lakewood Hills Property Owners Association
  • Lantern Square Apartments
  • Mc Kellar - Whitehaven-Levi PD
  • Midtown
  • North Memphis
  • Quince - Oakhaven-Parkway PD
  • South Memphis Planning Dist
close [x]
  • 37501
  • 37544
  • 38101
  • 38103
  • 38104
  • 38105
  • 38106
  • 38107
  • 38108
  • 38109
  • 38110
  • 38111
  • 38112
  • 38113
  • 38114
  • 38115
  • 38116
  • 38117
  • 38118
  • 38119
  • 38120
  • 38122
  • 38124
  • 38125
  • 38126
  • 38127
  • 38128
  • 38130
  • 38131
  • 38132
  • 38133
  • 38134
  • 38135
  • 38136
  • 38137
  • 38138
  • 38139
  • 38141
  • 38142
  • 38145
  • 38147
  • 38148
  • 38150
  • 38151
  • 38152
  • 38157
  • 38159
  • 38161
  • 38163
  • 38165
  • 38166
  • 38167
  • 38168
  • 38173
  • 38174
  • 38175
  • 38177
  • 38181
  • 38182
  • 38184
  • 38186
  • 38187
  • 38188
  • 38190
  • 38193
  • 38194
  • 38197
close [x]

Nearby Cities

Cities
Median
sales price
Average
listing price
Germantown
$273,000
$472,372
Collierville
$264,000
$386,203
Piperton
$575,500
$586,210
Drummonds
$83,000
$181,201
Oakland
$165,000
$223,644
Rossville
$280,000
$461,726
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Advice & Opinions

Recent Q&A in Memphis, TN

Q: Can an agent offer a 30 day guarantee? 2 answers
Q: What should I do? My 3 bed/1 bath house in Midtown Memphis has not sold in 3 1/2 months. 4 answers
Q: Looking for an investment opportunity in Memphis, TN, esp. Germantown. 6 answers
Q: How much would a 2bdm 1bth, 700 sq ft. section 8 rent for in 38106? 1 answer
Q: Does anyone know the Apartment Occupancy Rate in Memphis, TN 38118? 1 answer

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More Advice & Opinions:
  • Recent Q&A in Memphis, TN
  • Recent blog posts in Memphis, TN
  • Find a real estate professional Memphis, TN

Nearby Cities Real Estate

  • Germantown Real Estate
  • Bartlett Real Estate
  • Millington Real Estate
  • Cordova Real Estate
  • Arlington Real Estate
  • Lakeland Real Estate

Nearby Cities Sold Homes

  • Germantown Sold Homes
  • Bartlett Sold Homes
  • Millington Sold Homes
  • Cordova Sold Homes
  • Arlington Sold Homes
  • Lakeland Sold Homes

Nearby Cities Home Prices

  • Germantown Home Prices
  • Bartlett Home Prices
  • Millington Home Prices
  • Cordova Home Prices
  • Arlington Home Prices
  • Lakeland Home Prices

Memphis Stats & Trends

  • Memphis Real Estate Overview
  • Memphis Schools
  • Memphis Community Info
  • Memphis Home Prices
  • Memphis Real Estate
  • Memphis Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Memphis real estate market. Find Memphis properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Memphis average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Memphis housing statistics are available for each Memphis, TN neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.