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  • Memphis Market Report

    $243,113

    AVERAGE PRICE OF 2,065 HOMES

    $1,548,133

    AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES

    $312,393

    AVERAGE PRICE OF 139 NEWLY BUILT HOMES

    $503,032

    AVERAGE PRICE OF 158 HOMES WITH A POOL

    $287,321

    AVERAGE PRICE OF 117 REDUCED PRICE HOMES

    Average Home

    Average Price $243,113
    Avg Bedrooms 3.06 beds
    Avg Bathrooms 1.8 baths

    Average Price by Bedrooms

    1 bedroom $141,568
    2 bedrooms $141,689
    3 bedrooms $200,116
    4 bedrooms $343,423
    5 bedrooms $611,443
    Memphis Home Price Trends
      8/2022 7/2022 6/2022 5/2022 4/2022
    Total Listings 2,044 2,093 n/a n/a n/a
    Average Price $239,560 $237,350 n/a n/a n/a
    Avg Price Change +0.93% n/a n/a n/a n/a
    Median Price $177,401 $176,600 n/a n/a n/a
    Med Price Change +0.45% n/a n/a n/a n/a
    Avg Bedrooms 3.03 beds 3.04 beds n/a n/a n/a
    Avg Bathrooms 1.78 baths 1.79 baths n/a n/a n/a
    Total Homes Average Price Avg Days on Site
    All Homes 2,065 $243,113 86 days
    Multi-Million Dollar Homes 36 $1,548,133 76 days
    Newly Built Homes 139 $312,393 113 days
    Homes with a Pool 158 $503,032 56 days
    Reduced Price Homes 117 $287,321 40 days
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