2

Colonial Acres Condos for Sale

Section Image
  • /22

    $262,500

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft

    5400 Park Ave Unit 302, Memphis, TN 38119

    Stunning! Most sought after largest 1 br floorplan overlooking West grounds. Cleverly designed, recent renovations include knockout kitchen, walk-in shower, dual vanity, laundry area. Grand entrance, 9ft ceilings, crown molding,hardwood thru out So much natural light, spacious bedroom w/huge walk-in closet. Unmatched amenities & services, friendly community, low HOA fees and utilities. Use the

    Belinda Raines Faith Management & Realty Grou

    5400 Park Ave Unit 302, Memphis, TN 38119
  • /31

    $214,000

    • 2 Beds
    • 2 Baths
    • 1,400+ Sq Ft

    968 Rustling Oaks Cir, Memphis, TN 38117

    Darling 2-bedroom, 2-bath townhome, all on one-floor! All new laminate flooring, fresh paint, hardware and bathroom updates. 2-car garage and nice private patio. Come check it out!

    Mindy Wagerman Marx-Bensdorf, REALTORS

    968 Rustling Oaks Cir, Memphis, TN 38117

Why Live in Colonial Acres

Colonial Acres in Memphis is a neighborhood known for its diverse home styles, including 1950s and '60s ranch-style houses, modern Colonial Revivals, and newer traditional homes, as well as Tudor-style townhouses and condominiums. The ranch-style homes often feature built-in garages or carports and range from 1,000 to 3,600 square feet. Newer homes vary from 1,600 to 4,000 square feet. Local condominium communities, such as The Monarch, offer amenities like a gym, swimming pool, and pickleball courts. Residents enjoy several parks, including Sea Isle Park with its disc golf course, dog park, and playground, and Marquette Park, which features picnic tables, a rental pavilion, and a walking trail. Shopping is convenient with Eastgate Shopping Center nearby, housing retailers like Burlington Coat Factory, Michael's, and T.J. Maxx, as well as grocery stores like The Fresh Market and Kroger. Local dining favorites include Gibson's Donuts and Patrick's, while Neil's Music Room provides dinner and live music. Annual events at Sea Isle Park, such as the Sea Isle Park 5K and the Fourth of July Parade, foster community spirit. Residents primarily rely on cars for transportation, with Interstate 240 providing a 15-mile drive to downtown Memphis, and the Memphis International Airport located 8 miles away. Public transportation is available via the Memphis Area Transit Authority's Park Avenue bus line.

Home Trends in Colonial Acres, TN

Housing Trends

Median Sale Price
$229,000
Median Single Family Sale Price
$245,000
Median Townhouse Sale Price
$205,700
Median 2 Bedroom Sale Price
$169,450
Median 1 Bedroom Sale Price
$250,000
Average Price Per Sq Ft
$166
Number of Homes for Sale
92
Last 12 months Home Sales
331
Months of Supply
3.30
Median List Price
$255,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-5%
How to Buy a Home How to Finance a Home How to Sell a Home