3,342

Memphis, TN Homes for Sale

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  • /11

    $105,000

    • 3 Beds
    • 1 Bath
    • 1,000 Sq Ft

    1075 Kney St, Memphis, TN 38107

    This is a perfect starter home / Investment property. Home has been renovated and is move in ready! 3 bedrooms/1 bathroom. First month's rent waived!! Book a tour today!

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    Leaser Coleman

    Empire Realty, LLC

    (901) 582-7113

    1075 Kney St, Memphis, TN 38107
  • /34

    $259,000

    • 2 Beds
    • 1 Bath
    • 982 Sq Ft

    307 High Point Terrace, Memphis, TN 38111

    Quintessential High Point Terrace bungalow! This charming 2 bedroom/1 bath home offers classic character with restored original hardwood floors, bright living spaces, and a great use of space for a home this size. Adorable curb appeal & welcoming front porch. Kitchen has painted cabinets, new butcher block countertops, & new stainless appliances with gas cooking. Newly relocated laundry closet in

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    Julie Upchurch

    McWaters & Associates

    (901) 668-5269

    307 High Point Terrace, Memphis, TN 38111
  • /11

    $190,000

    • 2 Beds
    • 1 Bath
    • 930 Sq Ft

    355 Lundee Place, Memphis, TN 38111

    Don’t miss this charming home at 355 Lundee Ave, at $190,000. Nestled in a unique pocket surrounded by beautiful, large historic homes, this quaint property offers both character and value with convenient location. Recently renovated, the home features a brand-new deck—perfect for relaxing or entertaining—as well as a new storage shed for added convenience. Fully fenced in yard for privacy. 1.7

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    Austin Hall

    Evernest Too, LLC

    (901) 668-8644

    355 Lundee Place, Memphis, TN 38111
  • /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.

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    Chasity Blackburn

    Blackburn & Co

    (901) 617-4515

    109 N Main St Unit 806, Memphis, TN 38103
  • /24

    $232,000

    • 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

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    Jordan Ray

    eXp Realty, LLC

    (901) 446-1749

    1428 Snowden Ave, Memphis, TN 38107
  • /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.

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    Jo Mathes

    Pinnacle Realty

    (901) 445-7715

    2938 Conti Cove, Memphis, TN 38127
  • /37

    $375,000

    • 3 Beds
    • 2 Baths
    • 3,011 Sq Ft

    1462 Carr Ave, Memphis, TN 38104

    Situated in the desirable Garden District, this 1912 Midtown home is full of the charm, character, and flexibility today’s buyers are searching for. Offering 3 bedrooms, 2 bathrooms, several bonus rooms, and two kitchens, this property provides a rare opportunity for a variety of living arrangements. One kitchen area could work beautifully for a mother-in-law suite, guest quarters, or flexible

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    Amanda Lester

    NextHome Cornerstone Realty

    (901) 665-2679

    1462 Carr Ave, Memphis, TN 38104
  • /38

    $368,500

    • 3 Beds
    • 2 Baths
    • 1,839 Sq Ft

    164 S Reese St, Memphis, TN 38111

    Meticulously cared for townhouse at Joffre Place has everything you need and more. The outside is picturesque and is accented by beautiful landscaping in full bloom, Japanese maples and other perennials lead to private courtyard. Step inside the front door to a 2 story den and living room. Spacious primary bedroom down with double vanity bathroom. Wonderfully updated kitchen with adjoining

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    Scott Gresham

    Ware Jones, REALTORS

    (901) 621-5472

    164 S Reese St, Memphis, TN 38111
  • /19

    $232,901

    • 2 Beds
    • 1 Bath
    • 1,200 Sq Ft

    708 Loeb St, Memphis, TN 38111

    PRICE REDUCTION!!!! APPLIANCES INCLUDED (w/ acceptable offer) 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

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    Dylan Johnson

    901, REALTORS

    (901) 660-7055

    708 Loeb St, Memphis, TN 38111
  • /40

    $325,000

    • 3 Beds
    • 1 Bath
    • 1,947 Sq Ft

    1591 Forrest Ave, Memphis, TN 38112

    Discover timeless charm in the heart of Evergreen Historic District w/this beautifully preserved home, where historic charm meets modern comfort. Nestled in nature, this home showcases classic architectural details, from the beautifully refinished solid oak hardwoods, to the 11' ft. smooth ceilings w/heavy moldings, built-ins and abundant natural light throughout. The spacious floor plan offers

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    Paige Arnold

    Crye-Leike, Inc., REALTORS

    (901) 676-6557

    1591 Forrest Ave, Memphis, TN 38112
  • /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

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    Dylan Johnson

    901, REALTORS

    (901) 883-7928

    3587 Cowden Ave, Memphis, TN 38111
  • /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

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    Leigh Martin

    Hobson, REALTORS

    (901) 657-2640

    531 Stonewall St, Memphis, TN 38112
  • /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.

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    Tonya McDowell

    The Stamps Real Estate Company

    (901) 250-8595

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

    $64,800

    • 2 Beds
    • 1 Bath
    • 672 Sq Ft

    2152 S Hubert Cir, Memphis, TN 38108

    Priced for a quick sale! Check out this renovated 2 bedroom 1 bath home. Large corner lot, with detached storage building. Move in ready. Perfect for an owner occupant or investor.

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    Walter Jones

    BEST Real Estate Company

    (901) 582-6901

    2152 S Hubert Cir, Memphis, TN 38108
  • /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

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    Dylan Johnson

    901, REALTORS

    (901) 621-5503

    431 Alexander St, Memphis, TN 38111
  • /26

    $229,901

    • 3 Beds
    • 1 Bath
    • 1,337 Sq Ft

    193 N Hollywood St, Memphis, TN 38112

    This charming 3 bedroom home has been completely remodeled. Featuring original hardwood floors, recessed lighting throughout, extended driveway, new quartz kitchen countertops & stainless appliances, and more! Nested between the trending Nearby Broad Ave Arts District and the sought after Midtown scene. Take Poplar and be downtown in minutes. Upstairs also has enough space to create a 4th

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    Pablo Pereyra

    901, REALTORS

    (901) 582-8604

    193 N Hollywood St, Memphis, TN 38112
  • /29

    $499,000

    • 3 Beds
    • 3 Baths
    • 2,519 Sq Ft

    38 W Georgia Ave, Memphis, TN 38103

    This Spacious Contemporary Townhome set in the vibrant South Main district of downtown Memphis. All three floors offer an abundance of natural light, the home emphasizes both functionality and modern urban aesthetics. The ground floor offers a bedroom and bathroom in addition to an open living, dining, and kitchen space with soaring 10ft ceilings with a private patio leading to the two car

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    Hugh Mallory

    Marx-Bensdorf, REALTORS

    (901) 657-3088

    38 W Georgia Ave, Memphis, TN 38103
  • /27

    $225,000

    • 2 Beds
    • 1 Bath
    • 1,431 Sq Ft

    749 N Avalon St, Memphis, TN 38107

    Charming Craftsman Bungalow in the heart of Memphis's Historic Vollintine-Evergreen District—Midtown's premier walkable neighborhood where outdoor living thrives. Enjoy the community-maintained V&E Greenline (1.7-mile trail on a former rail line) for biking & walking. Steps to Overton Park (Memphis Zoo, Old Forest trails, dog park, Rainbow Lake playground, Levitt Shell concerts) and Crosstown

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    Todd Adams

    Keller Williams

    (901) 668-6286

    749 N Avalon St, Memphis, TN 38107
  • /32

    $330,000

    • 3 Beds
    • 2 Baths
    • 1,597 Sq Ft

    1996 Court Ave, Memphis, TN 38104

    WALKING DISTANCE from Overton Square. Step into character with this beautifully preserved 100-year-old home featuring stunning tall ceilings, original woodwork & interior doors + refinished hardwood floors that showcase the craftsmanship of a bygone era.The kitchen offers white cabinetry, black granite, modern tile floors & a well-lit breakfast bar. A conveniently located laundry space

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    Hailey Jowers

    REMAX Experts

    (901) 621-8336

    1996 Court Ave, Memphis, TN 38104
  • /40

    $1,120,000

    • 5 Beds
    • 5.5 Baths
    • 4,000 Sq Ft

    59 Devon Way, Memphis, TN 38111

    Sitting on almost a 1/2 acre in the middle of the highly sought-after Hedgemoor neighborhood of East Memphis, this home has been taken down to the studs and completely redesigned inside and out! It now features 5 bedrooms (4 down and 3 are en-suite) and 5.5 baths! SO many NEW details including roof, electrical, plumbing (even the sewer line to the street!), hardwood, tile, hvacs (3 total),

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    Julianne Carney

    Keller Williams

    (901) 531-9920

    59 Devon Way, Memphis, TN 38111
  • /17

    $109,000

    • 4 Beds
    • 2 Baths
    • 1,100 Sq Ft

    1448 Menager Rd, Memphis, TN 38106

    This home has been renovated and has lots of space. Directly behind Hamilton High School. This property is great for a family or investor.

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    Leaser Coleman

    Empire Realty, LLC

    (901) 883-7341

    1448 Menager Rd, Memphis, TN 38106
  • /31

    $199,900

    • 4 Beds
    • 2 Baths
    • 2,057 Sq Ft

    850 N Willett St, Memphis, TN 38107

    1927 Midtown bungalow with refinished hardwood floors throughout and a functional 4-bedroom layout. Main level includes the primary bedroom plus a second bedroom, full bath (partially renovated), living room, family room, and a large separate dining room. Kitchen features eat-in space, gas cooking, new butcher block countertops, a new farmhouse sink, and ceiling fan. Butler’s pantry with laundry

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    Chasity Blackburn

    Blackburn & Co

    (901) 445-9412

    850 N Willett St, Memphis, TN 38107
  • /30

    $389,900

    • 5 Beds
    • 3 Baths
    • 2,685 Sq Ft

    8678 Ashbury Oak Dr, Cordova, TN 38018

    Tucked away in the hidden gated community of The Traditions, one way in and one way out! This gem is a home that makes you smile the moment you walk in. With 5 bedrooms (THREE down) and 3 baths, there’s room for everyone, and then some. TWO primaries. Freshly dressed, brand-new carpet and fresh interior/exterior paint, this home is crisp and bright with natural light and completely move-in ready.

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    Margie Oneal

    REMAX Experts

    (901) 621-4065

    8678 Ashbury Oak Dr, Cordova, TN 38018
  • /24

    $150,000

    • 4 Beds
    • 2 Baths
    • 1,872 Sq Ft

    1093 N Watkins St, Memphis, TN 38107

    SELLER WILL REPLACE ROOF! Spacious 4-bedroom, 2-bath home offering 1,872 square feet on a 0.22-acre lot in Memphis. This property features two large living areas, providing flexibility for entertaining, relaxing, or creating separate functional spaces. One living room includes a bar area that opens toward the kitchen, enhancing the layout and overall flow. Original hardwood floors add character

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    Jordan Ray

    eXp Realty, LLC

    (901) 472-7123

    1093 N Watkins St, Memphis, TN 38107
  • /19

    $163,000

    • 1 Bed
    • 1 Bath
    • 792 Sq Ft

    2263 Young Ave Unit 212, Memphis, TN 38104

    Welcome to 2263 Young Ave #212, a stylish & low-maintenance condo located in the iconic Pie Factory Condos in the heart of Memphis’ vibrant Cooper-Young District. This 1 bedroom, 1 bath condo offers 792 square feet of comfortable living space with an open layout designed for easy living & entertaining. Inside you'll find a bright living area, functional kitchen, and a spacious bedroom retreat.

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    Amanda Lester

    NextHome Cornerstone Realty

    (901) 472-3272

    2263 Young Ave Unit 212, Memphis, TN 38104
  • /23

    $174,900

    • 3 Beds
    • 1 Bath
    • 1,542 Sq Ft

    1009 McEvers Rd, Memphis, TN 38111

    Just minutes from the University of Memphis. The property features a handicap-accessible front ramp, offering added convenience and accessibility. Rental Details: ?? Market Rent: $1,260/month ?? Section 8 Welcome: Approved rental rate up to $1,780 ? Accessibility: Handicap ramp at front entrance ?? Location Perk: Near the University of Memphis ?? Type: Single-family residential home This home is

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    Austin Hall

    Evernest Too, LLC

    (901) 698-3839

    1009 McEvers Rd, Memphis, TN 38111
  • /12

    $214,800

    • 2 Beds
    • 1 Bath
    • 1,089 Sq Ft

    2274 Vinton Ave, Memphis, TN 38104

    Cooper-Young area under $250K! Check out this move-in ready 2-bedroom home in one of Memphis’s most desirable and walkable neighborhoods. Perfect for a cost-conscious buyer who still wants a prime location. Ideal for a first-time homebuyer or investment property, with consistent demand and short-term rental potential. Large fenced backyard offers room for additional parking or a future garage.

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    Walter Jones

    BEST Real Estate Company

    (901) 621-3520

    2274 Vinton Ave, Memphis, TN 38104
  • /33

    $355,000

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

    4948 Fairfield Cir, Memphis, TN 38117

    Welcome to Greenway Gardens—one of Memphis’ most desirable neighborhoods featuring a mix of charming homes and luxury new construction. This renovated 3BR, 2BA home offers an open floor plan w/ hardwood floors, designer tile, and abundant natural light. The chef’s kitchen features quartz countertops, a large island, stainless steel appliances, gas cooking, and soft-close cabinetry. Split bedroom

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    Amy Woods

    Crye-Leike, Inc., REALTORS

    (901) 621-3617

    4948 Fairfield Cir, Memphis, TN 38117
  • /22

    $265,000

    • 3 Beds
    • 2 Baths
    • 1,596 Sq Ft

    1594 Dorset Dr, Memphis, TN 38117

    Adorable 3 bedroom, 2 bathroom home tucked away on a quiet street in the Colonial Acres neighborhood of East Memphis! This charming home offers a functional and inviting layout with both a front living room—complete with French doors—and a cozy den that opens to the kitchen. The updated kitchen features quartz countertops, porcelain tile flooring, new cabinetry, and a breakfast bar that flows

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    Amanda Lee

    McWaters & Associates

    (901) 668-7253

    1594 Dorset Dr, Memphis, TN 38117
  • /34

    $269,000

    • 2 Beds
    • 1 Bath
    • 1,173 Sq Ft

    3784 Philwood Ave, Memphis, TN 38122

    This 2 bed/1 bath High Point cottage is as cute as a button! Offering easy walkability to High Point Grocery, dining, and the Green Line, there's no need to sacrifice location to get the updated home you've been searching for. The seller has done extensive updates throughout, including a full kitchen renovation, relocating laundry from kitchen to a newly built, inconspicuous closet in den

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    Julie Upchurch

    McWaters & Associates

    (901) 660-5685

    3784 Philwood Ave, Memphis, TN 38122
  • /28

    $320,000

    • 3 Beds
    • 2.5 Baths
    • 2,765 Sq Ft

    7743 Freehold Dr, Memphis, TN 38125

    This is the one! This beautifully renovated two-story home located in a highly sought-after neighborhood near the Germantown area. This home offers everything a family desires—space, style, and comfort. The oversized bedrooms provide room to grow, while the stunning primary suite features a double-vanity bathroom and a large walk-in closet. Two additional bedrooms are located upstairs along with

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    Valencia Gathwright

    Keller Williams

    (901) 668-5441

    7743 Freehold Dr, Memphis, TN 38125
  • /31

    $325,000

    • 3 Beds
    • 2 Baths
    • 1,299 Sq Ft

    313 Fernway Cove, Memphis, TN 38117

    Located in one of East Memphis’ most sought-after neighborhoods, this 3-bedroom, 2-bath home offers privacy, convenience, and thoughtful updates—all on a single level. Tucked in a quiet cove and surrounded by 8’ privacy fencing, the property provides a rare sense of seclusion while remaining minutes from everything East Memphis has to offer. Inside, the updated kitchen features marble countertops

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    Max Rubenstein

    Marx-Bensdorf, REALTORS

    (901) 621-3845

    313 Fernway Cove, Memphis, TN 38117
  • /24

    $100,000

    • 3 Beds
    • 1 Bath
    • 948 Sq Ft

    686 Delta Rd, Memphis, TN 38109

    TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $795/month & the lease expires 4/30/2027. Cash tenant. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Being sold as a package along with 3432 Radford 38111, 5090 Belfast 38127, 686 Delta 38109, 782 Frayser 38127, 4401 Guildhall 38128, & 3651 N

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    Jordan Ray

    eXp Realty, LLC

    (901) 660-9403

    686 Delta Rd, Memphis, TN 38109
  • /26

    $279,000

    • 3 Beds
    • 2.5 Baths
    • 2,284 Sq Ft

    5308 Park Ave, Memphis, TN 38119

    Rare Opportunity in the Highly Desirable Park Estates Area Welcome to this absolutely perfect Park Estates home, ideally suited for today’s market. Centrally located in the heart of Memphis, Tennessee, this beautifully updated townhouse offers the convenience and lifestyle today’s buyers are seeking. This home features 3 bedrooms and 2.5 bathrooms, with the half bath conveniently located

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    Valencia Gathwright

    Keller Williams

    (901) 403-8629

    5308 Park Ave, Memphis, TN 38119
  • /31

    $549,000

    • 4 Beds
    • 3.5 Baths
    • 3,800+ Sq Ft

    226 N White Station Rd, Memphis, TN 38117

    Wonderful East Memphis Home in this well maintained gated community. Lots of updates including the Primary down the with a large walk-in closet. Fabulous large gourmet kitchen and hearth room. Large living room and dining room not to mention the office downstairs with half bath. This home has so much to offer and the east Memphis location can not be beat.

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    Leigh Martin

    Hobson, REALTORS

    (901) 245-5658

    226 N White Station Rd, Memphis, TN 38117
  • /40

    $330,000

    • 5 Beds
    • 3 Baths
    • 2,817 Sq Ft

    884 Wood Kirk Cove, Cordova, TN 38018

    Spacious, move-in ready home with value-add potential in a quiet Cordova cove. This clean, well-maintained property offers a solid layout with room for interior cosmetic updates over time. Major systems have been replaced since original construction and are working well. 2nd full HVAC system added by seller. Most windows have been updated to vinyl, dual-pane Low-E. Featuring 5 bedrooms and 3 full

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    Walter Jones

    BEST Real Estate Company

    (901) 444-3728

    884 Wood Kirk Cove, Cordova, TN 38018
  • /39

    $363,900 Open Sat 2PM - 4PM

    • 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.

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    Catrell Maclin

    KAIZEN Realty, LLC

    (901) 446-0549

    1947 Mount Badon Ln, Cordova, TN 38016
  • /40

    $259,900

    • 2 Beds
    • 1 Bath
    • 1,600 Sq Ft

    633 N Willett St, Memphis, TN 38107

    ADORABLE! You will absolutely fall in love w/this spacious two bedroom, one full bath Vollintine-Evergreen home the minute you step onto the charming front porch! Nestled in nature w/color abound, this tree-lined street w/it's sweet neighbors will welcome you in! The oversized living room offers the original arched fireplace w/brick hearth & is surrounded by gorgeous windows. The light-filled

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    Paige Arnold

    Crye-Leike, Inc., REALTORS

    (901) 519-2469

    633 N Willett St, Memphis, TN 38107
  • /40

    $269,900 Open House 5/17

    • 3 Beds
    • 1 Bath
    • 1,351 Sq Ft

    1831 Young Ave, Memphis, TN 38114

    Nestled in the heart of vibrant Cooper-Young, this adorable home blends timeless character with modern comforts! Thoughtfully updated throughout, you'll appreciate it's original charm and enjoy it's elevated features & functionality. The living room offers the original fireplace & French doors, and flows into the open dining room. The new kitchen is designed for everyday living & entertaining,

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    Paige Arnold

    Crye-Leike, Inc., REALTORS

    (901) 657-4026

    1831 Young Ave, Memphis, TN 38114
  • /26

    $220,000

    • 3 Beds
    • 2 Baths
    • 1,152 Sq Ft

    1011 Philadelphia St, Memphis, TN 38104

    Spacious and renovated 3 bedroom 2 bath in Historically Hip Cooper Young. Features renovated kitchen with granite countertops, updated appliances, restored cabinetry, and brand new fresh tile. The home also features ceiling fans throughout, new and fresh tile in bathrooms, private and spacious side yard, a roof less than 3 years old, and an overall well maintained and cared for house. Book your

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    Corey Steinberg

    River City Land Co., LLC

    (901) 617-4629

    1011 Philadelphia St, Memphis, TN 38104

Showing Results 1 - 40, Page 1 of 18

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.

Frequently Asked Questions

What is the average home price in Memphis, TN?
Homes for sale in Memphis, TN have an average home price of $265,337.
How many homes have sold over the last 12 months in Memphis, TN?
6,672 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, East Memphis, Cordova, Whitehaven and Berclair.
How much do you need to make to afford a house in Memphis?
The median home price in Memphis is $210,000. If you put a 20% down payment of $42,000 and had a 30-year fixed mortgage with an interest rate of 6.3%, your estimated principal and interest payment would be $1,040 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $45K 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

Housing Trends

Median Sale Price
$205,000
Median Single Family Sale Price
$199,000
Median Townhouse Sale Price
$418,000
Median 2 Bedroom Sale Price
$152,500
Median 1 Bedroom Sale Price
$137,500
Average Price Per Sq Ft
$134
Number of Homes for Sale
2,474
Last 12 months Home Sales
6,672
Months of Supply
4.40
Median List Price
$210,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
8%
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