Memphis, TN Homes for Sale

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  $105,000

  • 3 Beds
  • 2 Baths
  • 1,008 Sq Ft

  1541 Patton St, Memphis, TN 38106

  This home has been renovated and is move in ready! This would make a nice first time buyer home. Three bedrooms and two bathrooms.

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 669-3692

  1541 Patton St, Memphis, TN 38106
• Explore Memphis

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  /36

  $319,000

  • 2 Beds
  • 2 Baths
  • 1,113 Sq Ft

  3115 S Lafayette Cir, Memphis, TN 38111

  Fully renovated & move-in ready, this 2BR, 2 full BA cottage beautifully combines classic charm w/ modern updates! Step inside to an inviting open-concept floor plan featuring hardwood floors, smooth ceilings, & soft-close cabinetry throughout. The chef’s kitchen offers stainless steel appliances, beautiful countertops, & task lighting —perfect for entertaining or everyday living. The hall bath

  

  Amy Woods

  Crye-Leike, Inc., REALTORS

  (901) 676-9070

  3115 S Lafayette Cir, Memphis, TN 38111
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  /40

  $559,000

  • 4 Beds
  • 4.5 Baths
  • 5,800+ Sq Ft

  1465 N Parkway, Memphis, TN 38112

  Experience all of the Character of a Historic Estate and all of the Style of a Luxury Remodel. This home offers Cross Town convenience and walkability with its central location. It also provides expansive space to live and entertain. Outside you will be welcomed by a tree lined walkway to 9ft Tuscan doors that lead to a covered wraparound porch. Continue around the exterior to the Lanai for

  

  Brenda Allen

  Leaving A Legacy Realty, LLC

  (901) 445-8719

  1465 N Parkway, Memphis, TN 38112
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  /24

  $225,000

  • 2 Beds
  • 2 Baths
  • 1,527 Sq Ft

  107 S Court Ave Unit 303, Memphis, TN 38103

  Live in the heart of downtown Memphis in this spacious 2-bedroom, 2-bath condo that offers 1,527 square feet of stylish comfort. Soak in natural light from a beautiful skylight, or step outside to explore legendary spots like Beale Street, AutoZone Park, and the Fire Museum of Memphis—all just a short walk away. With its move-in ready status and being sold as-is, this home is perfect for

  

  Jordan Ray

  eXp Realty, LLC

  (901) 657-2957

  107 S Court Ave Unit 303, Memphis, TN 38103
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  /25

  $200,000

  • 3 Beds
  • 2 Baths
  • 1,270 Sq Ft

  6254 Brightwood Dr, Memphis, TN 38134

  “Welcome home to this charming 3-bedroom, 2-bath property nestled in a quiet neighborhood! Perfect for families, this home offers a spacious living room with plenty of natural light, cozy bedrooms, and an updated kitchen featuring ample cabinet space for all your storage needs. The large, fenced backyard is ideal for kids, pets, and outdoor entertaining. Close to Shelby Farms, White Station

  

  Edwin Scruggs

  BHHS Taliesyn Realty

  (901) 668-8454

  6254 Brightwood Dr, Memphis, TN 38134
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  /30

  $194,999

  • 4 Beds
  • 2 Baths
  • 1,600+ Sq Ft

  3402 Lakeview Rd, Memphis, TN 38116

  Renovated & move-in ready! This updated 4BR/2BA home features over 1,600 sq ft eat in kitchen & breakfast bar. Enjoy new floors, fresh paint, updated baths, windows, roof, HVAC & more. Sitting on 0.76 acres, there’s room to create your dream outdoor space. The list price is $195,900, contact me or have your agent contact me to see how a first time homebuyer can get into this home for $146,925.

  

  Charlene Bailey

  Exit Realty Blues City

  (901) 673-8361

  3402 Lakeview Rd, Memphis, TN 38116
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  /40

  $434,000

  • 4 Beds
  • 2.5 Baths
  • 3,360 Sq Ft

  6487 Wells Fields Cove, Memphis, TN 38135

  Welcome to a beautifully refreshed property featuring a freshly painted interior and -new carpet in all bedrooms and staircase. This home offers 4 bedrooms on the main level with a spacious bonus room upstairs. Perfect for a playroom or media space. Relax in the primary suite complete with its own cozy fireplace and a generous walk-in-closet. You'll also enjoy a second fireplace in the family

  

  Francine Simon

  Epique Realty

  (901) 660-4963

  6487 Wells Fields Cove, Memphis, TN 38135
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  $290,000

  • 4 Beds
  • 2 Baths
  • 2,304 Sq Ft

  4349 Cedar Hills Rd, Memphis, TN 38135

  Seller is offering $10,000 in seller concessions with an acceptable contract executed within the first 30 days of listing. Located in the desirable Spring Lake HOA community, this spacious two-story home features 4 bedrooms, 2 fully renovated bathrooms, and approximately 2,304 square feet of living space on a generous 0.38-acre lot. The flexible layout includes two bedrooms upstairs and two

  

  Jordan Ray

  eXp Realty, LLC

  (901) 437-6590

  4349 Cedar Hills Rd, Memphis, TN 38135
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  /19

  $364,900

  • 4 Beds
  • 2.5 Baths
  • 2,403 Sq Ft

  6644 Bright Star Ln, Memphis, TN 38134

  This spacious four-bedroom split-level home offers comfort, charm, and versatility throughout. Featuring 2.5 bathrooms and a cozy wood-burning fireplace. A welcoming keeping room adds additional gathering space, ideal for relaxing with family or hosting guests. Step outside to enjoy the covered patio, perfect for year-round outdoor living and entertaining. The generous backyard is a true

  

  Jo Mathes

  Pinnacle Realty

  (901) 459-2796

  6644 Bright Star Ln, Memphis, TN 38134
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  /28

  $249,500

  • 3 Beds
  • 2 Baths
  • 2,094 Sq Ft

  823 Novarese Ave, Memphis, TN 38122

  A Berclair Beauty! Completely remodeled baths, this 3-bedroom home is located in the heart of Memphis, TN. Remote controlled private car garage with storage area, open concept Island Kitchen, stainless steel appliances. Private floor plan separates primary bedroom/bath, from rest of home. Conveniently located off I-240/Sam Cooper, just minutes to Downtown Memphis or University of Memphis.

  

  Pablo Pereyra

  901, REALTORS

  (901) 350-2973

  823 Novarese Ave, Memphis, TN 38122
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  /35

  $284,900

  • 4 Beds
  • 2.5 Baths
  • 2,798 Sq Ft

  2040 Ridgeway Rd, Memphis, TN 38119

  Welcome home to this classic brick four-bedroom, 2.5-bath residence filled with abundant natural light and generously sized rooms. All bedrooms are located upstairs, offering privacy and separation from the main living areas. The home features formal living and dining rooms, a cozy den with a large marble-surround gas fireplace, smooth ceilings downstairs, and convenient half bath down. The

  

  Margie Oneal

  REMAX Experts

  (901) 621-3073

  2040 Ridgeway Rd, Memphis, TN 38119
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  $364,900

  • 5 Beds
  • 3 Baths
  • 2,905 Sq Ft

  1947 Mount Badon Ln, Cordova, TN 38016

  High-end taste & Quality meet affordability in this property! Beautiful 5BED/3BATH Corner Lot Home boasting 2905 SqFt inside hugs you in all the right places w/ perfect floor plan w/ 3BEDS/2BATHS downstairs & 2BEDS/1BATH upstairs! The primary suite features LARGE room with separate Jet Tub & Shower in bath along w/ HIS & HERS Closets! Welcomed by NEW exquisite lighting! Oversized living room/den.

  

  Catrell Maclin

  KAIZEN Realty, LLC

  (901) 445-7036

  1947 Mount Badon Ln, Cordova, TN 38016
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  /22

  $349,000

  • 3 Beds
  • 3 Baths
  • 1,988 Sq Ft

  471 S Reese St, Memphis, TN 38111

  Open house Sunday, March 15 from 2-4. This storybook East Buntyn bungalow is full of charm and natural light. With 3 bedrooms and 3 full baths, the home features very generous room sizes that create an open feel. Gorgeous hardwood floors run throughout the home. Step outside to a picture-perfect front porch, complete with a swing, ideal for enjoying quiet mornings or evening conversations. The

  

  Julianne Carney

  Keller Williams

  (901) 446-0729

  471 S Reese St, Memphis, TN 38111
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  $350,000

  • 2 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  200 Wagner Place Unit 1103, Memphis, TN 38103

  BEAUTIFUL 2 bd/2 ba condo overlooking the MS River w/bridge views offers a lifestyle that's 2nd to none.Thoughtfully designed w/custom built-ins in every rm, you'll enjoy smart storage solutions & stylish touches thru-out. Living Rm Built-in's will be removed by seller prior to closing. Enjoy granite counters & shaker cabinets in every space. Kitchen is equipped w/SS appl, Sub-Zero fridge, wine

  

  Amy Anderson

  Crye-Leike, Inc., REALTORS

  (901) 660-3678

  200 Wagner Place Unit 1103, Memphis, TN 38103
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  /14

  $109,500

  • 4 Beds
  • 2 Baths
  • 1,691 Sq Ft

  2667 Barron Ave, Memphis, TN 38114

  Well priced and move in ready, this 4 bedroom 2 bath home offers central heat and air and 1691 square feet. Ideal entry level opportunity for an owner occupant or an investor. The large partially finished upstairs area provides flexibility for storage or future conversion into additional living space. Recent improvements include a new roof and gutters in March 2024, exterior paint in 2024, fresh

  

  Walter Jones

  BEST Real Estate Company

  (901) 665-3762

  2667 Barron Ave, Memphis, TN 38114
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  $599,900

  • 4 Beds
  • 2.5 Baths
  • 3,400 Sq Ft

  1930 Peabody Ave, Memphis, TN 38104

  Beautifully renovated 4BR/2.5BA historic home in the heart of Central Gardens! This timeless residence blends classic charm with modern luxury, featuring real hardwood floors, soaring ceilings, and both front and back stairwells. The newly updated kitchen boasts granite countertops and brand-new appliances, while the bathrooms shine with elegant finishes. The spacious primary suite offers a

  

  Reginald Harris

  Harris Realty Services

  (901) 883-5646

  1930 Peabody Ave, Memphis, TN 38104
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  /23

  $575,000

  • 3 Beds
  • 2.5 Baths
  • 1,667 Sq Ft

  717 S Riverside Dr Unit 1102, Memphis, TN 38103

  Luxury 11th-floor riverfront condo at The Artesian in downtown Memphis offering sweeping Mississippi River views and full-service high-rise living. This 3-bedroom residence with dedicated office features over 1,600 square feet and a private balcony overlooking the river. The open-concept layout connects the living & dining areas to an updated kitchen with gas cooking, ideal for entertaining.

  

  Toni Green

  Crye-Leike, Inc., REALTORS

  (901) 599-2552

  717 S Riverside Dr Unit 1102, Memphis, TN 38103
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  /40

  $445,900

  • 4 Beds
  • 2.5 Baths
  • 2,200+ Sq Ft

  1855 Oliver Ave, Memphis, TN 38114

  You don't want to miss this 1912 Bungalow styled gem. Located in the heart of Memphis, this home is completely renovated and is currently used as an Airbnb. Home can be purchased fully furnished. NEW HOT WATER TANK, NEW HVAC, NEW FENCE in backyard. Bathrooms feature rain can shower heads. Primary bedroom feature three rain can shower heads and walk in closet. Did we mention the 4th bedroom/Bonus

  

  Reginald Harris

  Harris Realty Services

  (901) 673-3366

  1855 Oliver Ave, Memphis, TN 38114
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  /29

  $239,901

  • 5 Beds
  • 3 Baths
  • 2,200 Sq Ft

  4309 Beechcliff Ln, Memphis, TN 38128

  Welcome to Springhill Raleigh. Three full luxury tiled bathrooms, and granite countertop eat-in kitchen. Two Primary bedrooms, one downstairs and 4 bedrooms upstairs. Luxury Hardwood Vinyl 22mil premium floors, separate den and dining room. Fenced yard for privacy and pets. Quiet cove like street just minutes from major road access, schools and all major shopping. Why rent when you can buy? This

  

  Pablo Pereyra

  901, REALTORS

  (901) 673-8797

  4309 Beechcliff Ln, Memphis, TN 38128
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  /27

  $345,500

  • 3 Beds
  • 2 Baths
  • 1,963 Sq Ft

  6895 Tiffany Oaks Cove, Memphis, TN 38135

  Welcome home to 1,963 heated square feet featuring 3 bedrooms, 2 bathrooms, and a bonus room. Located in a quiet cove, this split-bedroom floor plan offers a seamless, functional layout with spacious, comfortable living areas. The primary suite includes his-and-her closets, a separate shower, and a whirlpool tub for relaxing retreats. The expansive kitchen boasts two pantries and abundant cabinet

  

  Rita Hallum

  Crye-Leike, Inc., REALTORS

  (901) 695-6500

  6895 Tiffany Oaks Cove, Memphis, TN 38135
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  $375,000

  • 5 Beds
  • 3 Baths
  • 3,180 Sq Ft

  7038 Baintree Cove, Memphis, TN 38119

  If your family is in need of space, don't miss this house! Room for everyone! Two bedrooms down, three bedrooms up.(note room sizes!) This home has 3 full baths. Kitchen has new dishwasher and a double oven range. Relax in the sunroom that has sliding windows (that come with a warranty). Entertain and cookout on the covered back porch and huge covered deck. Private fenced yard with a storage

  

  Sherry Hulen

  Crye-Leike, Inc., REALTORS

  (901) 657-4355

  7038 Baintree Cove, Memphis, TN 38119
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  /25

  $236,900 Open Sat 2PM - 4PM

  • 4 Beds
  • 2 Baths
  • 1,495 Sq Ft

  5025 Loch Lomond Rd, Memphis, TN 38116

  Beautifully Renovated Corner Lot 4 - Bedrooms, 2 Full Baths and Den Ranch - Style Home with Modern Upgrades Featuring 4 spacious bedrooms. This open and inviting layout is ideal for both everyday living and entertainment. LVP Flooring, fresh paint and gourmet kitchen with stainless steel appliances. Enjoy peace of mind with a First American Home Warranty. Seller is willing to pay some closing

  

  Jo Mathes

  Pinnacle Realty

  (901) 676-7437

  5025 Loch Lomond Rd, Memphis, TN 38116
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  $329,500

  • 5 Beds
  • 3 Baths
  • 3,376 Sq Ft

  3953 Otter Dr, Memphis, TN 38128

  Escape to Peace and Tranquility on this Stunning Lakefront Property, where an 3376 Sqft., Open Floor Plan seamlessly blends Indoor and Outdoor living. Imagine walking out to a Breath-Taking Lakeview, while sipping on a warm coffee; or just simply Relaxing on a Natural Canvas on almost an Acre of land. This Spacious home has 5 Bedrooms/ 3 Full Baths plus 1 Special Bonus Room with a Commercial

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 910-1964

  3953 Otter Dr, Memphis, TN 38128
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  /19

  $225,000

  • 4 Beds
  • 2 Baths
  • 1,568 Sq Ft

  1456 Kinilwood St, Memphis, TN 38134

  Welcome to this well-maintained four-bedroom, two-bath home. Currently zoned for White Station High School (buyer to verify). The home is move-in ready and offers the opportunity for light updates or cosmetic enhancements to truly make it your own. The fourth bedroom, includes a private entrance, making it ideal for guests, adult children, or a home office. This home offers a solid foundation,

  

  Vivian Denogean

  Fast Track Realty, LLC

  (901) 676-7974

  1456 Kinilwood St, Memphis, TN 38134
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  /18

  $244,901

  • 3 Beds
  • 2 Baths
  • 1,900 Sq Ft

  5345 Scottsdale Ave, Memphis, TN 38115

  LONG GATED DRIVEWAY!! Don't walk, RUN to this fully remodeled 3 bed, 2 bath home with new LVP flooring throughout! Adorable updated kitchen with wet bar, sitting room, dining space, plus bonus area next to a large enclosed sunroom. Open layout ideal for entertaining. Enjoy the charming front porch swing, backyard patio perfect for a fire pit, and storage shed for extra space. Move-in ready with

  

  Dylan Johnson

  901, REALTORS

  (901) 716-7007

  5345 Scottsdale Ave, Memphis, TN 38115
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  /25

  $173,000

  • 3 Beds
  • 1.5 Baths
  • 1,451 Sq Ft

  3965 Plymouth Ave, Memphis, TN 38128

  Fully renovated 3-bedroom, 1.5 bath home offering approximately 1,451 square feet of comfortable living space in the Raleigh area. Recent updates include refinished hardwood flooring, upgraded kitchen & bath finishes, modern fixtures, refreshed interior paint, & much more. The property also features a fenced-in backyard, providing added privacy & outdoor usability. Improvements create a

  

  Jordan Ray

  eXp Realty, LLC

  (901) 763-8447

  3965 Plymouth Ave, Memphis, TN 38128
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  /20

  $169,000

  • 2 Beds
  • 1 Bath
  • 1,000+ Sq Ft

  3524 Autumn Ave, Memphis, TN 38122

  Your next project! This one is so cute.. All Brick exterior and new roof~~hardwood floors~~Needs to be finished~~ Huge front porch , great area close to the University, huge shaded back yard. 2 bedrooms 1 bath. So Much potential here! Cash offers only. Hurry!

  

  Juan Casem

  Crye-Leike Inc., REALTORS

  (901) 660-8691

  3524 Autumn Ave, Memphis, TN 38122
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  $759,900

  • 5 Beds
  • 3.5 Baths
  • 5,687 Sq Ft

  126 Wood Grove Rd, Memphis, TN 38117

  This brick, ranch-style home sits on a half acre corner lot in one of the most sought after East Memphis neighborhoods. There are 5 (or even 6) bedrooms and 3.5 baths, so there’s room for everyone. Many rooms are flexible spaces, in that they can be configured to fit your specific needs. The light filled kitchen has quartz countertops, an island, and breakfast room. There is a formal living

  

  Jennifer Steinmetz

  REMAX Experts

  (901) 673-5513

  126 Wood Grove Rd, Memphis, TN 38117
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  /2

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,000 Sq Ft

  1075 Kney St, Memphis, TN 38107

  This is a a perfect starter home / Investment property. Home has been renovated and is move in ready! 3 bedrooms/1 bathroom

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 582-7113

  1075 Kney St, Memphis, TN 38107
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  /37

  $310,000

  • 3 Beds
  • 2.5 Baths
  • 2,131 Sq Ft

  5275 Annandale Dr, Memphis, TN 38125

  Discover this inviting single-family home located in the desirable Highland Oaks subdivision, offering a blend of comfort and modern updates. This spacious 3-bedroom, 2.5-bathroom brick home boasts approximately 2,131 sq. ft. of living space and sits on a generous 0.27-acre lot.

  

  Jason Miller

  eXp Realty, LLC

  (901) 665-3704

  5275 Annandale Dr, Memphis, TN 38125
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  /34

  $149,900

  • 1 Bed
  • 1 Bath
  • 831 Sq Ft

  109 N Main St Unit 806, Memphis, TN 38103

  This eighth floor condo offers amazing views of the city. A brand new renovated kitchen, 2026. Plenty of space and hardwood floors. This historic building has a multitude of amenities, including an indoor pool, elevator access, and rooftop lounging with stunning views of the Memphis bridge and the city skyline.

  

  Chasity Blackburn

  Blackburn & Co

  (901) 617-4515

  109 N Main St Unit 806, Memphis, TN 38103
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  $150,000

  • 3 Beds
  • 2 Baths
  • 1,512 Sq Ft

  2918 Southern Ave, Memphis, TN 38111

  Location, charm, and timeless character come together in this 3-bedroom, 2-bath bungalow home offering 1,512 sqft of comfortable living. Just minutes from the Highland Strip, the University of Memphis, Simmons Bank Liberty Stadium, the Children’s Museum of Memphis, the Museum of Science & History, and Christian Brothers University, this property also sits next to the Memphis Country Club with

  

  Jordan Ray

  eXp Realty, LLC

  (901) 621-5232

  2918 Southern Ave, Memphis, TN 38111
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  /24

  $235,000

  • 3 Beds
  • 2 Baths
  • 1,658 Sq Ft

  1428 Snowden Ave, Memphis, TN 38107

  Located in the historic Speedway Terrace district, this beautifully renovated 3-bedroom, 2-bath home offers the perfect blend of character and modern updates. The spacious layout features updated finishes throughout and a massive upstairs bonus room ideal for a second living area, office, game room, or additional sleeping space. The fenced-in backyard provides privacy and room for outdoor

  

  Jordan Ray

  eXp Realty, LLC

  (901) 446-1749

  1428 Snowden Ave, Memphis, TN 38107
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  /2

  $65,000

  • 3 Beds
  • 1 Bath
  • 1,070 Sq Ft

  2938 Conti Cove, Memphis, TN 38127

  A great investment property to rehab. Great location in a quite cove. Make your best offer.

  

  Jo Mathes

  Pinnacle Realty

  (901) 445-7715

  2938 Conti Cove, Memphis, TN 38127
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  /19

  $234,901

  • 2 Beds
  • 1 Bath
  • 1,200 Sq Ft

  708 Loeb St, Memphis, TN 38111

  Adorable home just minutes from the University of Memphis! Stunning real hardwood floors have been freshly refinished and stained throughout. The kitchen features beautiful wood countertops, an electric stove, and dishwasher, plus a convenient laundry room. Step outside to a huge fenced backyard with two fire pits, a patio, and a charming porch swing—perfect for relaxing or entertaining. A

  

  Dylan Johnson

  901, REALTORS

  (901) 660-7055

  708 Loeb St, Memphis, TN 38111
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  /14

  $389,901

  • 3 Beds
  • 2 Baths
  • 2,100 Sq Ft

  3587 Cowden Ave, Memphis, TN 38111

  TWO LOTS for the price of one!!! Potential for an A.D.U. in the back of the property!! All new plumbing, electrical, AC Unit, and roof! 10 car parking, detached garage, separate workshop, all in the backyard of University of Memphis!! Beautifully renovated East Memphis home! Conveniently located off S Highland in a walkable, tree-lined neighborhood, this 3BR/2BA home has been updated top to

  

  Dylan Johnson

  901, REALTORS

  (901) 883-7928

  3587 Cowden Ave, Memphis, TN 38111
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  /26

  $155,000

  • 3 Beds
  • 2 Baths
  • 1,466 Sq Ft

  2535 Clearpark Dr, Memphis, TN 38127

  Move-in ready and affordably priced, this charming 3-bedroom, 2-bathroom home offers comfort and convenience for any lifestyle. The large backyard is perfect for entertaining or relaxing outdoors. Don't miss this incredible opportunity to own a beautiful home that is ready for you to move right in!!

  

  Randell Richmond

  eXp Realty, LLC

  (901) 235-2694

  2535 Clearpark Dr, Memphis, TN 38127
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  /29

  $370,000

  • 4 Beds
  • 2 Baths
  • 2,293 Sq Ft

  531 Stonewall St, Memphis, TN 38112

  This stunning home in Evergreen is a classic bungalow that has undergone numerous updates! It features a chef's fully renovated kitchen and two spacious bedrooms on the main floor, including a primary suite. The residence boasts beautiful hardwood floors, an exceptional floor plan, and an inviting fireplace in the living room. Additional amenities include a gated driveway leading to a two-car

  

  Leigh Martin

  Hobson, REALTORS

  (901) 657-2640

  531 Stonewall St, Memphis, TN 38112
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  /22

  $140,000

  • 2 Beds
  • 1.5 Baths
  • 1,150 Sq Ft

  1220 Chamberlain Dr Unit 4, Memphis, TN 38119

  Great Condo in East Memphis' Chatham Village, the upstairs flat has 2 bed/ 1.5 bath LR DR outdoor covered patio/deck. Convenient t to St Francis, Regalia Park Place This condo has new paint, new floors, an open kitchen, gated parking, is clean and ready to move in. Community laundry room on site for your use. Private covered patio for outdoor living just off the living room.

  

  Tonya McDowell

  The Stamps Real Estate Company

  (901) 250-8595

  1220 Chamberlain Dr Unit 4, Memphis, TN 38119
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  /13

  $234,901

  • 2 Beds
  • 2 Baths
  • 1,282 Sq Ft

  431 Alexander St, Memphis, TN 38111

  “The Grey castle” in charming Historic East Buntyn! 2 bedrooms, 2 updated baths, office, hardwood floors throughout, classic wood-paneled windows, new tile kitchen with butcher block counters, craftsman details, large backyard with shed, and all appliances included. Quiet, picturesque street, close to Poplar Ave—perfect for lovers of historic character and timeless charm. With walking proximity

  

  Dylan Johnson

  901, REALTORS

  (901) 621-5503

  431 Alexander St, Memphis, TN 38111

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Why Live in Memphis

Memphis stands as the birthplace of Blues, Soul, and Rock 'n' Roll, with legendary music landmarks like Sun Studio, where Elvis Presley and Johnny Cash recorded their earliest hits. The city's rich cultural heritage comes alive through attractions like Graceland, Elvis's iconic mansion, and the National Civil Rights Museum at the Lorraine Motel. Beale Street pulses with live music venues, while outdoor spaces like the 4,500-acre Shelby Farms Park and the Mississippi River waterfront at Tom Lee Park provide natural escapes. The culinary scene features standout restaurants such as Central BBQ, known for hickory-smoked ribs, and Gus's Fried Chicken, a regional icon serving Southern spicy fried chicken.

The Memphis housing market presents diverse options across distinct neighborhoods. Single-family homes in Midtown Memphis have a median price of $310,000, while similar properties in Cooper-Young reach $311,000. Downtown Memphis single-family homes show a median price of $265,000. The median price for townhomes throughout Memphis is $399,000, while one-bedroom condos typically sell for a median price of $161,000.

Memphis maintains a cost of living 10.3% below the national average. A family with school-age children needs approximately $95,000 annually to live comfortably, while single renters require about $55,000. The property tax rate in Shelby County sits at 1.03%, with no state income tax and a combined sales tax rate of 9.56%. Monthly grocery costs average $1,600 for families and $700 for singles. The city's educational landscape includes highly rated institutions like White Station High School serving multiple neighborhoods and private schools such as Hutchison School and Memphis University School. The University of Memphis and Rhodes College add to the academic environment.

Learn more about living in Memphis

Frequently Asked Questions

What is the average home price in Memphis, TN?

Homes for sale in Memphis, TN have an average home price of $256,860.

How many homes have sold over the last 12 months in Memphis, TN?

6,563 homes have sold in Memphis, TN over the last 12 months.

Is Memphis, TN a safe city?

In general, the safest neighborhoods in Memphis, TN with lower crime scores are River Oaks, Poplar Pines, Greentrees, Gray's Creek and Southern Shelby County.

What are the most popular zip codes in Memphis, TN?

The most popular zip codes in Memphis, TN include 38111, 38112, 38104, 38114 and 38122.

What are the most popular neighborhoods in Memphis, TN?

The most popular neighborhoods in Memphis, TN with the most homes for sale are Frayser, Cordova, East Memphis, Whitehaven and Berclair.

How much do you need to make to afford a house in Memphis?

The median home price in Memphis is $200,000. If you put a 20% down payment of $40,000 and had a 30-year fixed mortgage with an interest rate of 6.11%, your estimated principal and interest payment would be $970 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $42K a year to afford the median home price in Memphis. Learn how much home you can afford with our Home Affordability Calculator.

How are the schools in Memphis, TN?

Memphis, TN has highly rated public and private schools. Some of the best schools in Memphis based on Niche Grades are Christian Brothers High School, Heritage Baptist Academy and Hutchison School. The neighborhoods in Memphis with the highest rated schools are River Oaks, Kirby Woods and Poplar Pines. Browse all the schools in Memphis, TN to learn more.

Home Trends in Memphis, TN

On average, homes in Memphis, TN sell after 62 days on the market compared to the national average of 55 days. The median sale price for homes in Memphis, TN over the last 12 months is $200,000, up 6% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$200,000

Median Single Family Sale Price

$195,000

Median Townhouse Sale Price

$399,450

Median 2 Bedroom Sale Price

$150,000

Median 1 Bedroom Sale Price

$140,154

Average Price Per Sq Ft

$132

Number of Homes for Sale

2,298

Last 12 months Home Sales

6,563

Months of Supply

4.20

Median List Price

$200,000

Median Change From 1st List Price

5%

Median Home Sale Price YoY Change

6%