Section Image

Hyde Park

Hyde Park

Suburban Neighborhood in Memphis, Tennessee

Shelby County 38107, 38108, 38122

$119,292 Average Value
$88 Average Price per Sq Ft
42 Homes For Sale

Hyde Park offers proximity to Berclair

Hyde Park is a suburb of Memphis that offers home buyers accessible housing options. “The neighborhood has a lot of opportunities,” says William Haynes, Realtor with the Tyler Tapley Team of Crye-Leike Realtors, and resident of Memphis for over a decade. “People are showing interest because of the proximity to Berclair, which has schools that people like and lots of parks.” Throughout Hyde Park, sidewalks are common, and many homes are lined with tidy hedges. Residents can shop at neighborhood convenience stores and grab a quick meal at locally owned restaurants. With a variety of transportation options, the community is a good jumping-off place for enjoying the greater Memphis area.

Finding the right home in Hyde Park

Housing options in Hyde Park consist mainly of single-family homes and duplexes built during the early to mid-1900s. Buyers may find two-bedroom bungalows in need of serious upgrades listed between $40,000 and $80,000, and those looking for a turnkey, already updated house might find a Tudor Revival-style residence or a Colonial Revival home priced between $175,000 and $375,000. “Hyde Park has a lot of really charming 1930s and 1910s homes,” Haynes says.

Gooch Park and community centers

Gooch Park is the neighborhood's primary green space. This 10-acre city park has a basketball court, a pavilion and even a lighted swimming pool. A short walk from there is University Park, with tennis courts, ball fields and a playground. Less than 0.5 mile north of Chelsea Avenue are the Douglass Community Center and the Hollywood Community Center, which add more recreational opportunities, including a splash pad and an indoor basketball court. The Hollywood Community Center also hosts social events and adult classes where neighbors can come together and mingle. Animal lovers can find the Memphis Zoo around 2 miles away, which is home to red pandas, lions and giraffes.

Manassas High School serves area youth

Some area children may attend William H. Brewster Elementary School, which earns a C on Niche and is a S.T.E.A.M. Designated School. The neighborhood lies at the intersection of several elementary school zones, and Springdale Elementary School, with a C rating, and Vollentine Elementary School, with a C-minus, are other possible elementary schools. Students can transition to Grandview Heights Middle School, which gets a C-minus. They can continue learning at C-minus-rated Manassas High School. Within the neighborhood, there are two public charter school options: KIPP Memphis Collegiate High School, with a B-minus score, and Promise Academy, an elementary school with a C-minus. Those looking for continued educational opportunities can find Rhodes College, a private liberal arts college, around 2 miles to the south.

Memphis area events are plentiful

There are always events in Memphis for those who wish to stay busy. For example, the World Championship Barbecue Cooking Contest takes place in May at Liberty Park, just over 3 miles from Hyde Park. In October, music lovers can head to the Memphis Botanic Gardens, about 8 miles away, for a three-day music festival called Mempho.

Many transportation options around Hyde Park

Those looking to take public transportation can catch Memphis Area Transit Authority (MATA) buses along North Hollywood Street, Springdale Street, and Vollintine Avenue. The Memphis Central train station is approximately 8 miles from the neighborhood, and Memphis International Airport is also about 8 miles away; it has nonstop flights to more than 30 destinations. “Hyde Park is close to major roadways; you can get to interstates and zip around town,” Haynes says. “Memphis is very driver-friendly. There’s a loop around the city that makes it easy to get from point a to point b.”

Restaurants along Chelsea Avenue and Jackson Avenue

Throughout the neighborhood, there are many “small bodegas and little mom-and-pop shops,” Haynes says. Residents can stop in for essentials and for fresh vegetables and fruit, Fresh Produce on Wheels, run by Donna D'Boyata, periodically drives around the area. There are also two Kroger grocery stores nearby. One is about 3 miles southeast, and the other is about 3 miles southwest. Hyde Park community members can also find several restaurants throughout the neighborhood. Along Chelsea Avenue, 2 Star Jr. offers wings to go, but diners may need to wait in line for a bit — it’s quite popular. Yum's Chinese Carry Out and Yomama are two options on Jackson Avenue. Those looking for a night out and some live, Memphis-style blues can visit Wild Bill's Juke Joint, about 1 mile west.

Area considerations

Train tracks run through the neighborhood, which newcomers might find disruptive to their sleep. “Memphis has a rich history of being a transit hub,” Haynes says. “We are totally habituated to the sound of trains.” According to the CAP Index, Hyde Park has a crime score that exceeds the national average. The city funds several community centers nearby, including the Douglass Community Center and Hollywood Community Center, where locals can connect with resources.
Ginny West
Written By
Ginny West
Vladislav Sedykh
Video By
Vladislav Sedykh

Agents Specializing in this Area

See All Agents

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

Interested in learning more about homes in this area? Reach out to Tina Andrade, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Memphis International

18 min drive

Bus

Vollintine & University

Bus

Springdale & Hubert Cir

Bus

Springdale & Devoy

Bus

Springdale & Eldridge

Bus

Chelsea Ave & Nhighland

Bus

N Hollywood & Staten

Bus

Jackson Ave & Hollywood St

Crime and Safety

1 - Low Crime, 10 - High Crime Hyde Park US
Homicide 10 4
Sexual Assault 7 4
Assault with Weapon 9 4
Robbery 7 4
Burglary 7 4
Motor Vehicle Theft 5 4
Larceny 4 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

Hyde Park Demographics and Home Trends

Housing Trends

Median List Price
$98,000
Median Sale Price
$77,238
Median Single Family Sale Price
$87,000
Median 2 Bedroom Sale Price
$34,425
Median Change From 1st List Price
10%
Last 12 months Home Sales
56
Median Home Sale Price YoY Change
-36%
Average Price Per Sq Ft
$88

Neighborhood Facts

Number of Homes in Neighborhood
2,648
Number of Homes for Sale
42
Median Year Built
1946
Months of Supply
9.00
Average Single Family Home Size Sq Ft
1,315
Significantly below the national average
1,933
Average Townhouse Size Sq Ft
2,137
Average 2 Bedroom Size Sq Ft
1,035
Median Lot Size Sq Ft
6,098

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Tina Andrade, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
7,471
Median Age
37
Population Density
5 ppl/acre
Population under 18
27.7%
On par with the national average
23.8%
Population over 65
18%
On par with the national average
19.1%

Finances

Median Household Income
$27,449
Significantly below the national average
$71,702
Average Household Income
$44,494

Education and Workforce

High School Graduates
76.6%
College Graduates
13.2%
Below the national average
34.1%
Advanced Degrees
5.8%
% Population in Labor Force
50.2%
Below the national average
65.1%

Weather

Annual Precipitation
55''
Average Winter Low Temperature
34°F
Average Summer High Temperature
92°F
Annual Snowfall
4''

Area Factors

Somewhat Bikeable

Bike Score®

39 / 100

Car-Dependent

Walk Score®

12 / 100

Some Transit

Transit Score®

32 / 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.

Nearby Neighborhoods

Reviews

Are you familiar with the Hyde Park neighborhood? to let others know what life in this neighborhood is like.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Hyde Park
Tina Andrade
Fast Track Realty, LLC
Section Image