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Balmoral Homes for Sale

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  • /28

    $235,000

    $10K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,896 Sq Ft

    5809 Lynnfield Cove, Memphis, TN 38119

    Welcome to 5809 Lynnfield Cv — a well-maintained home tucked away in a quiet cove in the heart of East Memphis. This property offers a comfortable and functional layout with inviting living spaces that truly feel like home from the moment you walk in. The cozy living room features a working wood-burning fireplace, creating the perfect gathering space for relaxing evenings and adding warmth and

    Agent Photo

    Blake Clothier

    Premier Realty Group, LLC

    5809 Lynnfield Cove, Memphis, TN 38119
  • /15

    $259,900

    • 3 Beds
    • 2 Baths
    • 1,486 Sq Ft

    2331 Eastover Dr, Memphis, TN 38119

    This is a very nice home with a recent rehab. Separate den with FP. 2 car garage with 2 garage doors. Covered rear patio. Separate laundry room. Great floor plan. Perfect starter home.

    Joe King Marathon REALTORS, LLC

    2331 Eastover Dr, Memphis, TN 38119
  • /36

    $399,500

    $40K PRICE DROP
    • 5 Beds
    • 3 Baths
    • 3,000+ Sq Ft

    5821 Baird Dr, Memphis, TN 38119

    Completely renovated East Memphis gem! This 5-bedroom, 3.5-bath home plus office space, plus media room showcases modern luxury throughout. Approximately 3,300 sq ft. Features include quartz countertops, brand-new soft-close cabinetry, paneled dining room, sleek fireplace wall, designer lighting, waterproof vinyl plank flooring, and a brand-new roof. The spa-like bathrooms are high-end with

    Oksana Piven BEST Real Estate Company

    5821 Baird Dr, Memphis, TN 38119
  • /20

    $300,000

    • 4 Beds
    • 2.5 Baths
    • 2,211 Sq Ft

    5882 Macleod Dr, Memphis, TN 38119

    Beautiful 4BR/2.5BA brick home in a sought-after East Memphis location! This spacious home offers generous living and entertaining areas, and an updated kitchen featuring granite countertops. Step outside to a fully fenced backyard, perfect for children, pets, and outdoor gatherings. A large custom-built storage building provides exceptional space for tools, equipment, hobbies, or additional

    Ihsan Elkhayyat Agner & Associates, LLC

    5882 Macleod Dr, Memphis, TN 38119
  • /40

    $225,000

    $25K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,485 Sq Ft

    5672 Baird Dr, Memphis, TN 38119

    Nicely updated home in a prime East Memphis location, conveniently close to the expressway, restaurants, and shopping. This inviting 3 bedroom, 2 full bath home features attractive gray washed flooring throughout and a welcoming layout ideal for both everyday living and entertaining. The kitchen offers classic Mexican tile, a bright breakfast area, and the refrigerator remains. Formal living and

    Amanda Lott BHHS McLemore & Co., Realty

    5672 Baird Dr, Memphis, TN 38119
  • /37

    $289,995

    • 4 Beds
    • 2.5 Baths
    • 2,408 Sq Ft

    6092 MacInness Dr, Memphis, TN 38119

    4 BEDROOMS - CORNER LOT - TWO-CAR SIDE ENTRY GARAGE - FENCED BACK YARD! MOTIVATED SELLER! This beautifully renovated home sits on a landscaped corner lot and features a spacious fenced backyard along with a two-car side-entry garage. With 4 bedrooms and 2.5 baths, the home offers a great mix of comfort and functionality—ideal for hosting gatherings or enjoying time outdoors under the backyard

    Angela Crowe Hinge Realty

    6092 MacInness Dr, Memphis, TN 38119
  • /38

    $285,000

    • 3 Beds
    • 2 Baths
    • 2,202 Sq Ft

    2524 Lynnfield Rd, Memphis, TN 38119

    Looking for a spacious home just minutes away from the best East Memphis has to offer? This 3BD/2BA home in the Balmoral neighborhood has been thoughtfully updated throughout. You'll love the layout of this home with a ton of natural light, generous room sizes and a beautiful backyard. Recent updates include new roof, removal of wallpaper and new neutral paint, brand new primary bathroom and

    Anna Acosta Snyder Centric Realty LLC

    2524 Lynnfield Rd, Memphis, TN 38119
  • /53

    $399,000

    $10K PRICE DROP
    • 8 Beds
    • 6 Baths
    • 6,204 Sq Ft

    2523 Syon Dr, Memphis, TN 38119

    Introducing a newly priced opportunity to acquire this elegantly renovated residence. The home features impressive new hardwood flooring throughout the first level, freshly painted interiors, updated roof shingles, and a grand entryway enhanced by marble flooring. Encompassing eight rooms, the property offers four full bathrooms—including a newly added shower room with upgraded fixtures—and two

    Momoko Imai Berkshire Hathaway HomeServices Woodmont Realty

    2523 Syon Dr, Memphis, TN 38119
  • /2

    $289,500

    • 4 Beds
    • 2.5 Baths
    • 2,402 Sq Ft

    5960 MacInness Dr, Memphis, TN 38119

    East Memphis at its best! Gracious living abounds in this newly upgraded 2-story home in Balmoral. New paint throughout, new carpet, and all-new fixtures. 4 bedrooms, 2.5 baths, central air/heat, double garage with workshop, and large, fenced backyard with mature trees. Showings begin 5/13

    Sandra J Karns River City Real Estate

    5960 MacInness Dr, Memphis, TN 38119

Why Live in Balmoral

Directly outside I-240 in East Memphis, Balmoral resembles many 20th-century suburbs with its wide drives and calm atmosphere. Residents enjoy the neighborhood’s ease of access to commuting routes and suburban feel, but its affordability compared to ...

Balmoral Home Prices vs. Nearby Memphis, TN Neighborhoods

Balmoral Bartlett East Memphis Cordova
Median Home Price
$285,000
$300,000
$330,000
$320,000
Median Sale Price
$266,000
$283,000
+3% YoY
$324,500
+7% YoY
$240,000
+3% YoY
Median Single Family Price
$269,000
$290,000
$328,000
$305,500
Median Townhouse Price
--
$301,940
$247,000
$289,900
Median Condo Price
--
$272,450
$206,750
$356,010
Total Active Listings
9
264
252
253
Market Conditions
3 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market
4 Months of Supply
Balanced Market
3 Months of Supply
Seller's Market

Frequently Asked Questions

Is Balmoral a good place to live?
Balmoral is a good place to live. Balmoral is considered somewhat walkable and somewhat bikeable. Balmoral has 1 park for recreational activities. It is sparse in population with 1.0 people per acre and a median age of 41. The average household income is $106,560 which is below the national average. College graduates make up 38.6% of residents. A majority of residents in Balmoral are home owners, with 19% of residents renting and 81% of residents owning their home. A local real estate agent serving Balmoral can help you decide if this neighborhood is the right one for you. Learn more on our Balmoral neighborhood guide.
Is Balmoral, TN a safe neighborhood?
Balmoral, TN is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Balmoral?
The median home price in Balmoral is $285,000. If you put a 20% down payment of $57,000 and had a 30-year fixed mortgage with an interest rate of 6.49%, your estimated principal and interest payment would be $1,440 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $62K a year to afford the median home price in Balmoral. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Balmoral is $107K.
What are the best public schools in Balmoral?
The best public schools that serve Balmoral are:
What are the best private schools in Balmoral?
The best private schools that serve Balmoral are:
  • Lausanne Collegiate School has an A+ Niche grade, a student teacher ratio of 6:1 and an average review score of 4.6.
  • Hutchison School has an A+ Niche grade, a student teacher ratio of 7:1 and an average review score of 4.6.
  • Memphis University School has an A+ Niche grade, a student teacher ratio of 7:1 and an average review score of 4.5.
What are the most popular zip codes in Balmoral, Memphis, TN?
The most popular zip codes in Balmoral, Memphis, TN include 38119, 38115, 38117, 38118 and 38138.
What are the most popular neighborhoods near Balmoral, Memphis, TN?
The most popular neighborhoods near Balmoral, Memphis, TN are Kirby Woods, Sea Isle Park, Fox Meadows, Hickory Hill and Shady Grove.
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