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  • Memphis Market Report

    $214,123

    AVERAGE PRICE OF 1,836 HOMES

    $1,779,500

    AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

    $275,128

    AVERAGE PRICE OF 100 NEWLY BUILT HOMES

    $474,918

    AVERAGE PRICE OF 129 HOMES WITH A POOL

    $256,385

    AVERAGE PRICE OF 55 REDUCED PRICE HOMES

    Average Home

    Average Price $214,123
    Avg Bedrooms 2.93 beds
    Avg Bathrooms 1.68 baths

    Average Price by Bedrooms

    1 bedroom $179,187
    2 bedrooms $129,570
    3 bedrooms $179,787
    4 bedrooms $308,783
    5 bedrooms $523,580
    Memphis Home Price Trends
      4/2022 3/2022 2/2022 1/2022 12/2021
    Total Listings n/a 1,763 1,700 1,651 1,775
    Average Price n/a $203,211 $200,294 $200,002 $205,118
    Avg Price Change n/a +1.46% +0.15% -2.56% n/a
    Median Price n/a $142,526 $139,146 $137,886 $143,316
    Med Price Change n/a +2.43% +0.91% -3.94% n/a
    Avg Bedrooms n/a 2.91 beds 2.96 beds 2.99 beds 2.99 beds
    Avg Bathrooms n/a 1.66 baths 1.67 baths 1.68 baths 1.71 baths
    Total Homes Average Price Avg Days on Site
    All Homes 1,836 $214,123 96 days
    Multi-Million Dollar Homes 25 $1,779,500 60 days
    Newly Built Homes 100 $275,128 122 days
    Homes with a Pool 129 $474,918 52 days
    Reduced Price Homes 55 $256,385 55 days
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