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Unincorporated Market Report

$321,174

AVERAGE PRICE OF 445 HOMES

$1,791,067

AVERAGE PRICE OF 15 MULTI-MILLION DOLLAR HOMES

$317,220

AVERAGE PRICE OF 38 NEWLY BUILT HOMES

$714,511

AVERAGE PRICE OF 64 HOMES WITH A POOL

$346,480

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $321,174
Avg Bedrooms 3.68 beds
Avg Bathrooms 2.57 baths

Average Price by Bedrooms

1 bedroom $249,500
2 bedrooms $176,655
3 bedrooms $186,330
4 bedrooms $335,736
5 bedrooms $641,962
Unincorporated Home Price Trends
  1/2020 12/2019 11/2019 10/2019 9/2019
Total Listings 437 470 513 518 529
Average Price $324,472 $334,549 $337,566 $335,721 $334,706
Avg Price Change -3.11% -0.90% +0.55% +0.30% +1.98%
Median Price $232,045 $237,922 $233,873 $239,400 $244,060
Med Price Change -2.53% +1.73% -2.36% -1.95% -0.76%
Avg Bedrooms 3.7 beds 3.74 beds 3.75 beds 3.73 beds 3.71 beds
Avg Bathrooms 2.57 baths 2.62 baths 2.61 baths 2.6 baths 2.61 baths
Total Homes Average Price Avg Days on Site
All Homes 445 $321,174 105 days
Multi-Million Dollar Homes 15 $1,791,067 215 days
Newly Built Homes 38 $317,220 104 days
Homes with a Pool 64 $714,511 141 days
Reduced Price Homes 10 $346,480 69 days
Re/Max On Point | The Morrow Group
Donnie Morrow
5224 Airline Road Suite 111
Arlington, TN 38002
901-359-9698

Copyright © 2020 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 February 18, 2020