Memphis, TN Homes for Sale

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  $225,000

  $20K 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

  

  Blake Clothier

  Premier Realty Group, LLC

  5809 Lynnfield Cove, Memphis, TN 38119
• Explore Memphis

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  $300,000

  $25K PRICE DROP

  • 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

  

  Max Rubenstein

  Marx-Bensdorf, REALTORS

  313 Fernway Cove, Memphis, TN 38117
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  $70,000

  • 2 Beds
  • 2 Baths
  • 1,140 Sq Ft

  3983 Grahamdale Cir Unit 3983A, Memphis, TN 38122

  Townhouse-style 2-BR, 2-BA condo in a convenient Memphis location offers a functional and inviting floorplan. Updates include new carpet and laminate flooring, providing a fresh interior feel. The kitchen features a pantry, breakfast bar that opens to the main living areas for everyday living and entertaining. The spacious great room includes a fireplace adding warmth and character. Outdoor r

  

  Sherry Harbur

  Harbur Realty

  3983 Grahamdale Cir Unit 3983A, Memphis, TN 38122
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  $79,500

  $7K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 667 Sq Ft

  635 Patterson St Unit 4, Memphis, TN 38111

  Walking distance to the University of Memphis and local resturants. Upstairs units. 1 bedroom/1 bath. Bedroom and living area is spacious. Sliding door with outside patio area. Parking spaces included. Laundry facilities at complex. Condo fees only $130/mo. HOA replaces all this roofs and repaved the parking lot in 2025.

  

  Scott Carrier

  Keller Williams

  635 Patterson St Unit 4, Memphis, TN 38111
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  $299,901

  $10K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 2,120 Sq Ft

  3882 Tutwiler Ave, Memphis, TN 38122

  This privately gated corner lot ranch has been expanded and upgraded into a 4-bedroom, 3-bathroom home, and a double car garage. Granite kitchen, luxury hardwood vinyl. Perfectly located to East Memphis, walk your kids across the street to an award-winning public school or make one turn on Graham and go all the way to the University of Memphis. If you are looking for an in-law suite, or a home

  

  Pablo Pereyra

  901, REALTORS

  3882 Tutwiler Ave, Memphis, TN 38122
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  $229,000

  $41K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,147 Sq Ft

  725 Loeb St, Memphis, TN 38111

  This top to bottom renovated home presents so many opportunities to investors and owner occupants alike. It could be a productive rooming house, group home, student housing, airbnb, or many more options. This home features fresh paint throughout, new LVP flooring throughout, updated/renovated bathrooms, a new kitchen, new fixtures, additional parking added, and a nice deck just outside the side

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  725 Loeb St, Memphis, TN 38111
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  $249,900

  $50K PRICE DROP

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

  5308 Park Ave, Memphis, TN 38119

  BACK ON THE MARKET!! 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

  

  Valencia Gathwright

  Keller Williams

  5308 Park Ave, Memphis, TN 38119
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  $549,000

  $30K PRICE DROP

  • 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.

  

  Leigh Martin

  Hobson, REALTORS

  226 N White Station Rd, Memphis, TN 38117
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  $279,900

  • 3 Beds
  • 2 Baths
  • 1,319 Sq Ft

  1020 Sandra St, Memphis, TN 38122

  This unique property offers a rare opportunity, presenting a versatile layout ideal for owner occupants or potential multi-tenant rental income. The main house first floor is 1320+/- sq ft and the finished attic space has a full bathroom, making it a great addition to this home that was recently updated with fresh paint and newly renovated kitchen and bathrooms. Just out of the backdoor, is a

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  1020 Sandra St, Memphis, TN 38122
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  $285,000

  $30K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,944 Sq Ft

  4153 Brookhill Ln, Memphis, TN 38135

  NEW PRICE! SELLER WILL PAY BUYERS closing Don’t overlook this standout opportunity in the highly desirable East hill community. Located in a walkable neighborhood with a grammar school just down the street, this beautifully updated 3-bedroom, 2-bath home offers both comfort and convenience. Fresh interior paint, stunning new wide-plank laminate flooring, and plush new carpet in the bedrooms

  

  Steve Boysen

  Crye-Leike, Inc., REALTORS

  4153 Brookhill Ln, Memphis, TN 38135
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  $218,000

  $7K PRICE DROP

  • 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

  

  Corey Steinberg

  River City Land Co., LLC

  1011 Philadelphia St, Memphis, TN 38104
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  $364,900

  $14K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,668 Sq Ft

  3630 Highland Park Place, Memphis, TN 38111

  Check out this gem in the heart of Highpoint Terrace featuring a lovely Living Room with cozy updated gas-log fireplace, a beautifully chandeliered Dining Room, a nicely appointed Kitchen and adjoining Laundry/Utility Rooms, 3 Bedrooms and 2 Bathrooms--(3rd bedroom has been used as a Sunroom and a Primary Bedroom in the past.) Outside, you will see the converted Garage that was used as an Office;

  

  Mary McCall

  Burch Realty Group

  3630 Highland Park Place, Memphis, TN 38111
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  $89,500

  • 2 Beds
  • 2 Baths
  • 924 Sq Ft

  1975 Cloverdale Dr, Memphis, TN 38114

  Looking for a really cute home with 2 bedrooms and 2 FULL BARHS and large fenced backyard, perfect for cookouts and gathering. Master bath is 10 x 7 feet, and the house note is less than $800 per month. This is cheaper than renting. Home completely remodeled and located near S Parkway and Lamar. Close to the expressway, shopping and churches. Don’t wait for the open house. Call today for private

  

  Oliver Peyton

  The Peyton Co., Inc., REALTORS

  1975 Cloverdale Dr, Memphis, TN 38114
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  $347,499

  $28K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 2,181 Sq Ft

  563 S Cox St, Memphis, TN 38104

  Step back in time to Midtown Memphis's golden era at this one-of-a-kind historic home. Once Bryant's Grocery—the beloved corner store where locals (and yes, a young Elvis Presley) grabbed essentials and legendary deli sandwiches—this 1900s building has been masterfully transformed into a stylish 3-bed, 2.5-bath loft-style home. The primary suite anchors the main floor with an attached bath

  

  Todd Adams

  Keller Williams

  563 S Cox St, Memphis, TN 38104
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  $345,000

  • 3 Beds
  • 2 Baths
  • 1,984 Sq Ft

  1830 Forest Ave, Memphis, TN 38112

  Charming 1920 Historic Bungalow in the heart of the Evergreen District! Step into timeless Southern elegance w this beautifully preserved 3-bedroom, 2-bath Craftsman gem. Original hardwood floors, French doors, custom millwork, built-ins, glass doorknobs and crown molding. The inviting covered front porch welcomes you home surrounded by majestic mature trees. Kitchen features a large stainless

  

  Todd Adams

  Keller Williams

  1830 Forest Ave, Memphis, TN 38112
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  $325,000

  $8K PRICE DROP

  • 3 Beds
  • 3.5 Baths
  • 1,980 Sq Ft

  616 Denmark Dr Unit 106, Memphis, TN 38103

  Looking for that perfect blend of city energy and cozy retreat? Welcome to this beautifully updated 3-story condo with tons of natural light, located in the heart of Downtown Memphis. Featuring 3 spacious bedrooms, 3.5 bathrooms, and modern finishes throughout, this home offers the perfect combination of style and functionality. Enjoy an open-concept kitchen with stainless steel appliances, a gas

  

  Ken Cannon

  Crye-Leike of MS, Inc.

  616 Denmark Dr Unit 106, Memphis, TN 38103
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  $248,000

  $7K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,800 Sq Ft

  1069 Tatum Rd, Memphis, TN 38122

  Located in the highly sought-after Grahamwood area, this move-in ready home offers a rare combination of charm, functionality, and location. Inside, you'll find a coveted split-bedroom floorplan, beautiful hardwood flooring throughout, and an attached garage—an uncommon feature for the neighborhood. Updated bathrooms, abundant natural light, and approximately 1,800 square feet provide the perfect

  

  Kim Golden

  Mint Realty Group

  1069 Tatum Rd, Memphis, TN 38122
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  $145,000

  $40K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,654 Sq Ft

  1505 Netherwood Ave, Memphis, TN 38106

  This well built home is spacious, has a long driveway with a two car carport. Ideal for an investor! Income producing!

  

  Leaser Coleman

  Empire Realty, LLC

  1505 Netherwood Ave, Memphis, TN 38106
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  $320,000

  $10K PRICE DROP

  • 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

  3953 Otter Dr, Memphis, TN 38128
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  $329,999

  $9K PRICE DROP

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

  589 Madewood Dr, Memphis, TN 38103

  Welcome to this beautifully maintained 2-story home in the prestigious gated South Bluffs community of Downtown Memphis. This low-maintenance residence offers exceptional value in one of the area’s most exclusive neighborhoods. Featuring hardwood floors, high ceilings, a gas fireplace, and an updated eat-in kitchen with stainless steel appliances, this 2 bed / 2.5 bath home is move-in ready. Both

  

  Todd Adams

  Keller Williams

  589 Madewood Dr, Memphis, TN 38103
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  $539,000

  $10K PRICE DROP

  • 4 Beds
  • 4.5 Baths
  • 5,908 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

  1465 N Parkway, Memphis, TN 38112
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  $209,900

  $15K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,544 Sq Ft

  2040 Courtland Place, Memphis, TN 38104

  Welcome to 2040 Courtland Place, a meticulously maintained duplex nestled on a quiet street in the highly sought-after Idlewild Historic District. Offering flexibility, charm, and an unbeatable location, each side features a 1-bed, 1-bath layout, creating the perfect opportunity to live in one unit while generating rental income from the other, or easily convert the property into a single-family

  

  Zachary Churchey

  Churchey Realty

  2040 Courtland Place, Memphis, TN 38104
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  $105,000

  $16K PRICE INCREASE

  • 4 Beds
  • 2.5 Baths
  • 1,854 Sq Ft

  3340 Kirby Trees Place Unit 18, Memphis, TN 38115

  Newly Renovated Condo located in East Memphis with 4 Bedrooms , 3 baths with an Office Space. Condo is Huge-almost 2000 sqft. Spacious Property is now rented for $1650 a month, One year lease of March 1st,2026. Property was Purchased in a Tax Sale. Title Insurance is available with a Risk Endorsement Policy through Saddle Creek Title. Seller prefers Cash Sale offers. ****Must Present a Valid

  

  Tara Woodley

  Zach Taylor Real Estate

  3340 Kirby Trees Place Unit 18, Memphis, TN 38115
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  $130,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 899 Sq Ft

  3759 Mccain Rd, Memphis, TN 38109

  NEW ROOF! NEW HVAC! NEW FLOORS! NEW KITCHEN! NEW BATHROOM! NEW WATER HEATER! HUGE CORNER LOT!! FRESHLY REMODELED!!! Beautifully updated 3-bed/1-bath home offering 899 square feet in the desirable West Valley subdivision of Memphis. Located in a quiet neighborhood with friendly neighbors, this move-in ready home has been completely remodeled from the inside out with major upgrades already

  

  Jordan Ray

  eXp Realty, LLC

  3759 Mccain Rd, Memphis, TN 38109
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  $245,000

  • 3 Beds
  • 2 Baths
  • 1,591 Sq Ft

  951 Dove Hollow Dr, Cordova, TN 38018

  Well-designed 3-bedroom floor plan with all bedrooms conveniently located downstairs. The open great room with fireplace flows easily into the dining area and kitchen, creating a comfortable space for everyday living and entertaining. The primary bedroom features dual walk-in closets for generous storage. Additional highlights include a walk-in laundry room, large pantry, and spacious garage with

  

  Sherry Harbur

  Harbur Realty

  951 Dove Hollow Dr, Cordova, TN 38018
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  $325,000

  $10K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,129 Sq Ft

  3466 Stone Chase Cove, Memphis, TN 38135

  Don't miss this 4 bedroom 2 and half bath home in Stoneridge Subdivision in Bartlett. New carpet. New range. Great home at a great price.

  

  Jason Miller

  eXp Realty, LLC

  3466 Stone Chase Cove, Memphis, TN 38135
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  $344,900

  Open Sat 12PM - 2PM $5K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 2,182 Sq Ft

  6220 Daybreak Dr, Memphis, TN 38135

  NEW PRICE !!- BACK ON THE MARKET AT NO FAULT OF THE SELLER! HOME APPRAISED OVER ORIGINAL PRICE -INSPECTIONS DONE AND REPAIRS COMPLETED-Don’t Miss It! This stunning 3-bedroom, 2.5-bath home (all on first floor) + bonus room up - move-in ready and designed to impress. From the moment you arrive, you’ll notice the beautifully maintained landscaping and curb appeal. Step inside to soaring ceilings,

  

  Steve Boysen

  Crye-Leike, Inc., REALTORS

  6220 Daybreak Dr, Memphis, TN 38135
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  $669,000

  $106K PRICE DROP

  • 4 Beds
  • 6 Baths
  • 5,266 Sq Ft

  8332 Countrywood Fwy, Cordova, TN 38016

  This is a once and a lifetime opportunity to purchase your dream home on a golf course paradise with one of the most spectacular views in Shelby County. This home has so much to offer a buyer, I don't know where to begin. It's located on the 11th green at Colonial Golf Course with a magnificent view of the lakes, trees and green manicured grass. It has an incredible gunite pool, two hot tubs,

  

  Stephen Mansour

  KAIZEN Realty, LLC

  8332 Countrywood Fwy, Cordova, TN 38016
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  $379,900

  $5K PRICE DROP

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

  8678 Ashbury Oak Dr, Cordova, TN 38018

  NEW PRICE! Behind the gate of The Traditions, this beautifully maintained home offers the perfect blend of elegance, comfort, and convenience in the heart of Cordova. From the moment you enter, you’ll notice the spacious design, soaring ceilings, and natural light that create an inviting atmosphere for everyday living and entertaining alike. The thoughtfully designed floor plan features generous

  

  Margie Oneal

  REMAX Experts

  8678 Ashbury Oak Dr, Cordova, TN 38018
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  $474,000

  $25K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 2,942 Sq Ft

  1591 E Clanlo Dr, Memphis, TN 38104

  Don’t miss this Hidden Gem in Central Gardens! This home is prominently located at the west end of the park like common area in the Highly Desired Clanlo Neighborhood. It has 3 BR & 2 1/2 Baths. There's a Large 1st floor Primary BR with Fireplace, Walk In Closet, & Private Patio. The en suite bath has Double Vanity, Tub, separate Shower & a Skylight providing abundant natural light. Eat In

  

  Hugh Mallory

  Marx-Bensdorf, REALTORS

  1591 E Clanlo Dr, Memphis, TN 38104
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  $347,000

  Open Sun 12PM - 2PM $3K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 2,222 Sq Ft

  931 Bruce St, Memphis, TN 38104

  Located in the highly desirable Cooper-Young area, this well-maintained home offers the feel of newer construction with modern finishes throughout. Built just 8 years ago, this 3-bedroom, 2.5-bath home features all bedrooms upstairs, providing a functional and efficient layout. The interior is clean, updated, and truly move-in ready, making it stand out in today’s market. Enjoy a spacious

  

  Jordan Ray

  eXp Realty, LLC

  931 Bruce St, Memphis, TN 38104
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  $215,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,584 Sq Ft

  7341 Isherwood Rd, Memphis, TN 38125

  Renovated 3 bedroom 2 bathroom home in Burlington Subdivision.

  

  Jason Miller

  eXp Realty, LLC

  7341 Isherwood Rd, Memphis, TN 38125
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  $236,500

  $9K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,876 Sq Ft

  3629 Huckleberry St, Memphis, TN 38116

  Price Reduced!!! More Home for Your Money! Welcome to this spacious 4 bedroom, 2 bath home offering nearly 1,900 square feet of comfortable living space. Inside, you'll find a functional layout with multiple living areas, a cozy fireplace, and an abundance of natural light. The kitchen offers plenty of cabinet and counter space and opens to a casual dining area, making everyday living and

  

  Alissa Anderson

  KAIZEN Realty, LLC

  3629 Huckleberry St, Memphis, TN 38116
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  $362,000

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

  3587 Cowden Ave, Memphis, TN 38111

  MOTIVATED SELLER! MAKE AN OFFER!! University of Memphis backyard!! 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,

  

  Dylan Johnson

  901, REALTORS

  3587 Cowden Ave, Memphis, TN 38111
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  $310,000

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,254 Sq Ft

  8936 Rowley Cove, Cordova, TN 38016

  UPDATED PRICE! Completely renovated and move-in ready! This beautiful 3-bedroom, 2-bath home in Cordova offers modern updates throughout. Enjoy brand-new flooring throughout the home including primary, with new carpet in the secondary bedrooms, fresh interior and exterior paint, brand-new fixtures throughout, and an updated kitchen featuring quartz countertops and plenty of cabinet space. Both

  

  Ronald Sandefer

  Emmett Baird Realty, LLC

  8936 Rowley Cove, Cordova, TN 38016
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  $122,000

  • 1 Bed
  • 1 Bath
  • 944 Sq Ft

  475 N Highland St Unit 3H, Memphis, TN 38122

  AS IS SALE, Bank Owned Asset ---Welcome to 475 N Highland St #3H in the heart of Memphis! This well-maintained unit offers the perfect blend of comfort, convenience, and low-maintenance living. Featuring a spacious layout with abundant natural light, this home is ideal for both homeowners and investors alike. Enjoy a bright and inviting living area, a functional kitchen with ample cabinet space,

  

  Tara Woodley

  Zach Taylor Real Estate

  475 N Highland St Unit 3H, Memphis, TN 38122
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  $349,900

  • 4 Beds
  • 3 Baths
  • 2,000 Sq Ft

  380 Holmes Cir, Memphis, TN 38111

  Fully Renovated 4-Bed in East Buntyn – 830 Holmes Circle, Memphis, TN 38111 – $349,900 Property highlights 4 bedrooms, 3 bathrooms | approx. 2,000 sq ft Garage and side entrance Fully renovated interior with modern finishes Open-concept living/dining with refinished hardwoods and recessed lighting New kitchen: shaker cabinets, quartz countertops, tile backsplash, stainless steel appliances

  

  Austin Hall

  Evernest Too, LLC

  380 Holmes Cir, Memphis, TN 38111
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  $449,999

  $100K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 3,200+ Sq Ft

  4931 Princeton Grove, Memphis, TN 38117

  Luxury without the premium price tag! Gated, secure Princeton Grove Cv, East Memphis. Custom built in 2006, 4-bed/3-bath w/ bonus room; guest bedroom down. Prime spot mins from I-240, top schools, parks, dining & shopping—15 mins to Downtown or Germantown. Updated w/ new paint in & out, refinished floors downstairs, hardwood floors & new carpet up, plus LED lighting. Spacious primary suite

  

  Todd Adams

  Keller Williams

  4931 Princeton Grove, Memphis, TN 38117
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  $240,000

  $25K PRICE DROP

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

  19 S Merton St, Memphis, TN 38112

  This charming home features a cozy 3-bedroom, 1-bath main residence filled with warm, inviting spaces. In addition, a separate mother-in-law suite with a full bathroom offers the perfect setup for extended family, guests, or potential rental income—versatile, comfortable, and full of opportunity. Currently operating as an Airbnb, the property can be sold fully furnished for a seamless transition.

  

  Caleb Hall

  Keller Williams

  19 S Merton St, Memphis, TN 38112
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  $123,650

  $11K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,432 Sq Ft

  760 Garland St, Memphis, TN 38107

  Solid brick bungalow with genuine character that's increasingly hard to find at this price point. Natural stone columns anchor a covered front porch, and the oversized front deck adds functional outdoor living space rarely seen on comparable homes. Inside, the craftsmanship speaks for itself -- tall dark wood baseboards, bold crown molding, and original wood door casings frame every room with a

  

  Christy Cj Pace

  Pace Probity Asset Management

  760 Garland St, Memphis, TN 38107

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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 $263,047.

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

6,605 homes have sold in Memphis, TN over the last 12 months.

What is the average household income in Memphis, TN?

The average household income in Memphis, TN is $67K.

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, 38104, 38112, 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 Cordova, East Memphis, Frayser, Whitehaven and Westwood.

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 6.43%, your estimated principal and interest payment would be $1,050 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. The average household income in Memphis is $67K.

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 Prices in Memphis, TN

The median home sale price in Memphis, TN is $204,500, up 5% year-over-year. Homes in Memphis sell in 69 days on average, compared to the national average of 57 days.

Home Price Trends

Median Sale Price $204,500	Median Single Family Sale Price $199,500
Median Townhouse Sale Price $420,000	Median 2 Bedroom Sale Price $125,000
Median 1 Bedroom Sale Price $135,000	Average Price Per Sq Ft $132
Number of Homes for Sale 2,582	Last 12 months Home Sales 6,605
Months of Supply 4.70	Median List Price $210,000
Median Change From 1st List Price 5%	Median Home Sale Price YoY Change 5%