Explore Similar Homes Within 25 Miles of Memphis, TN

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Tennessee Shelby County Memphis

Real Estate & Homes for Sale in Memphis, TN

Home Trends in Memphis, TN

On average, homes in Memphis, TN sell after 56 days on the market compared to the national average of 52 days. The median sale price for homes in Memphis, TN over the last 12 months is $199,700, up 5% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$199,700
Median Single Family Sale Price
$203,000
Median Townhouse Sale Price
$414,750
Median 2 Bedroom Sale Price
$158,500
Median 1 Bedroom Sale Price
$140,000
Average Price Per Sq Ft
$135
Number of Homes for Sale
2,316
Last 12 months Home Sales
5,666
Months of Supply
4.90
Median List Price
$215,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
5%

Popular Home Searches in Memphis, TN

Memphis buyers often prioritize spacious homes, timeless architecture, and outdoor areas to enjoy the city’s warm climate and laid-back lifestyle.

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