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Unincorporated Market Report

$539,788

AVERAGE PRICE OF 80 HOMES

$2,316,249

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$769,770

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$1,004,521

AVERAGE PRICE OF 24 HOMES WITH A POOL

$518,740

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price	$539,788
Avg Bedrooms	3.8 beds
Avg Bathrooms	2.73 baths

Average Price by Bedrooms

2 bedrooms	$138,500
3 bedrooms	$309,778
4 bedrooms	$544,196
5 bedrooms	$796,918

Unincorporated Home Price Trends

	12/2024	11/2024	10/2024	9/2024	8/2024
Total Listings	85	93	97	109	107
Average Price	$574,101	$555,710	$575,825	$576,154	$588,785
Avg Price Change	+3.31%	-3.62%	-0.06%	-2.19%	+8.25%
Median Price	$394,915	$385,255	$391,612	$388,213	$408,618
Med Price Change	+2.51%	-1.65%	+0.88%	-5.26%	+3.79%
Avg Bedrooms	3.91 beds	3.9 beds	3.9 beds	3.85 beds	3.91 beds
Avg Bathrooms	2.87 baths	2.8 baths	2.78 baths	2.73 baths	2.8 baths

	Total Homes	Average Price	Avg Days on Site
All Homes	80	$539,788	103 days
Multi-Million Dollar Homes	4	$2,316,249	173 days
Newly Built Homes	10	$769,770	97 days
Homes with a Pool	24	$1,004,521	94 days
Reduced Price Homes	5	$518,740	61 days

Copyright © 2025 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 January 20, 2025