Balmoral
Midcentury ranch-style homes make up neighborhood
Quiet residential streets branch off Ridgeway Road and Quince Road, with gently curved drives often ending in cul-de-sacs. The neighborhood was mainly developed in the 1960s and 1970s, and most homes date from that era. Ranch-style and bi-level houses generally sell between $200,000 and $325,000. Some newer builds or renovated properties can sell between $400,000 and $500,000.Kids attend Memphis-Shelby County Schools or highly rated private options
Memphis-Shelby County Schools serve Balmoral, and kids can start at Balmoral-Ridgeway Elementary, which receives a C-plus grade from Niche. Ridgeway Middle and Ridgeway High each earn a C grade. Students can pursue the International Baccalaureate program through all three schools in the pipeline. Private school options include A-rated Westminster Academy, as well as the all-girls Hutchison School and all-boys Memphis University School, each given an A-plus. All three private schools are K-12.Balmoral can easily access Interstate 240
Interstate 240, which acts as a beltway around Memphis, runs alongside the northwest edge of Balmoral, while Bill Morris Parkway passes along its southern side. “The interstate’s pretty close there,” Rubenstein says. “There are three access points for anyone in that neighborhood.” The MATA bus system stops outside the neighborhood, but residents generally drive to their destinations. Downtown Memphis is about 15 miles away, and Memphis International Airport is roughly a 10-mile drive. The airport offers nonstop flights to nearly 40 destinations, mainly across the United States.Poplar Avenue offers shopping centers and popular restaurants
Balmoral is mainly residential, but the neighborhood has commercial districts to both the north and south. Residents can take Ridgeway Road to the Apple Tree Center, which has a Walmart Neighborhood Market and several small restaurants. On the neighborhood’s opposite side, several shopping centers line Poplar Avenue, including Ridgeway Trace. The development has a Target and a Best Buy, while sit-down restaurants like Belly Acres and fast food spots like Chick-fil-A also sit alongside Poplar Avenue.Memphians head to Shelby Farms Park for recreation
The Lichterman Nature Center is across the street from Balmoral on a 65-acre preserve. The center is run by the Memphis Museums of Science and History and offers a visitor center, a play area for kids and trails through the forest for wildlife viewing. In the neighborhood, May Park has 10 soccer fields for youth sports programs, while the Ric Nuber YMCA has a gym with weights and treadmills and a pool. Residents also head 6 miles north to Shelby Farms Park, one of the largest urban parks in the country.The Balmoral Neighborhood Association holds community events
The Balmoral Neighborhood Association is a voluntary group of the area’s residents. In addition to helping keep the neighborhood clean and safe, the association holds events for the community. These include an annual block party each fall and a Fourth of July parade. Residents can also head into Downtown Memphis for entertainment. The NBA’s Memphis Grizzlies play at FedExForum downtown, while music or barbecue-inspired festivals happen nearly every month.
Written By
Brendan Doyle
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Agents Specializing in this Area
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Max Rubenstein
Max Rubenstein
Responds QuicklyKeller Williams
(901) 437-6525
97 Total Sales
1 in Balmoral
$285,000 Price
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Todd Adams
Todd Adams
Keller Williams
(901) 509-9125
117 Total Sales
1 in Balmoral
$240,000 Price
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Harry Samuels
Harry Samuels
Pinnacle Realty
(901) 979-6125
84 Total Sales
1 in Balmoral
$226,000 Price
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Monica Mauricio
Monica Mauricio
REMAX Experts
(901) 479-1426
136 Total Sales
1 in Balmoral
$280,000 Price
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Aubrey Tilson
Aubrey Tilson
Crye-Leike, Inc., REALTORS
(901) 450-5420
218 Total Sales
1 in Balmoral
$240,000 Price
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Caleb Hall
Caleb Hall
Keller Williams
(901) 295-3396
131 Total Sales
1 in Balmoral
$263,200 Price
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
- 9th to 12th
- Public
- 6th to 8th
- Public
- K to 5th
- Public
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Parks in this Area
Walter May Park
- Soccer
Transit
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Balmoral | US |
|---|---|---|
| Homicide | 4 | 4 |
| Sexual Assault | 5 | 4 |
| Assault with Weapon | 4 | 4 |
| Robbery | 4 | 4 |
| Burglary | 5 | 4 |
| Motor Vehicle Theft | 4 | 4 |
| Larceny | 5 | 4 |
| Crime Score | 5 | 4 |
Source: WhatIsMyCrimeRisk.com
Balmoral Demographics and Home Trends
On average, homes in Balmoral, Memphis sell after 38 days on the market compared to the national average of 70 days. The median sale price for homes in Balmoral, Memphis over the last 12 months is $439,000.
Housing Trends
Median List Price
$460,000
Median Sale Price
$439,000
Median Single Family Sale Price
$253,995
Median Change From 1st List Price
5%
Last 12 months Home Sales
17
Average Price Per Sq Ft
$243
Neighborhood Facts
Number of Homes in Neighborhood
960
Number of Homes for Sale
1
Median Year Built
1970
Months of Supply
0.70
Average Single Family Home Size Sq Ft
2,140
Above the national average
1,924
Average Townhouse Size Sq Ft
3,128
Average 2 Bedroom Size Sq Ft
1,507
Median Lot Size Sq Ft
11,761
Distribution of Home Values
Homes for Sale
Homes for Rent
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Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
2,327
Median Age
41
Population Density
1 person/acre
Population under 18
24%
On par with the national average
23.8%
Population over 65
21.5%
On par with the national average
19.1%
Finances
Median Household Income
$91,626
Above the national average
$71,702
Average Household Income
$106,560
Education and Workforce
High School Graduates
98.2%
Above the national average
89.1%
College Graduates
38.6%
Advanced Degrees
17.9%
% Population in Labor Force
71.5%
Above the national average
65.1%
Weather
Annual Precipitation
55''
Average Winter Low Temperature
34°F
Average Summer High Temperature
92°F
Annual Snowfall
0''
Area Factors
Somewhat Bikeable
Bike Score®
32
/ 100
Car-Dependent
Walk Score®
20
/ 100
Minimal Transit
Transit Score®
20
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
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