Memphis, TN Homes for Sale

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  $315,000

  $15K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,323 Sq Ft

  1417 Hawkcrest Cove N, Cordova, TN 38016

  Welcome home to 1417 Hawkcrest Cv N, a magnificent 4BR/2.5BA brick home with 2025 roof and water heater tucked away in a quiet Cordova cove. The expansive great room immediately impresses with its vaulted ceilings, stunning hardwood flooring, and a dramatic floor-to-ceiling fireplace. Step into the fully equipped eat-in kitchen featuring durable granite countertops, a built-in breakfast bar, and

  

  Jason Miller

  eXp Realty, LLC

  1417 Hawkcrest Cove N, Cordova, TN 38016
• Explore Memphis

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  /17

  $109,000

  $10K PRICE DROP

  • 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.

  

  Leaser Coleman

  Empire Realty, LLC

  1448 Menager Rd, Memphis, TN 38106
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  /15

  $84,901

  $8K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 825 Sq Ft

  1633 Orr St, Memphis, TN 38108

  Check out this cute move in ready 2 bedroom home! Perfect for an owner occupant or an investor. No seller financing. No assignable offers.

  

  Walter Jones

  BEST Real Estate Company

  1633 Orr St, Memphis, TN 38108
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  $194,900

  $15K PRICE DROP

  • 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

  

  Chasity Blackburn

  Blackburn & Co

  850 N Willett St, Memphis, TN 38107
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  $390,000

  • 3 Beds
  • 2.5 Baths
  • 2,599 Sq Ft

  6406 Quail Ridge Dr, Memphis, TN 38135

  Luxury Living with Golf Course Views at Quail Ridge. Meticulously maintained and thoughtfully upgraded, this residence offers the perfect blend of elegance, comfort, and modern convenience. You will appreciate the beautiful, laminated floors throughout creating a warm atmosphere. The stunning double-sided see-through Fireplace add charm and sophistication. The Chef-inspired kitchen with center

  

  Erma Williams

  Crye-Leike, Inc., REALTORS

  6406 Quail Ridge Dr, Memphis, TN 38135
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  /19

  $163,000

  $11K PRICE DROP

  • 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.

  

  Amanda Lester

  NextHome Cornerstone Realty

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

  $174,900

  $5K PRICE DROP

  • 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

  

  Austin Hall

  Evernest Too, LLC

  1009 McEvers Rd, Memphis, TN 38111
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  $300,000

  $10K PRICE DROP

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

  3592 Cowden Ave, Memphis, TN 38111

  Welcome to this charming East Memphis home near the Univ of Memphis, w/ easy access to shopping & dining. Blending classic character w/ key updates, this property is ideal for an owner-occupant willing to add a little TLC or an investor seeking a prime location. Inside, you’ll find a spacious living room w/ hardwood floors & a cozy gas fireplace, along w/ a dining room featuring built-ins. The

  

  Amy Woods

  Crye-Leike, Inc., REALTORS

  3592 Cowden Ave, Memphis, TN 38111
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  $480,000

  • 3 Beds
  • 3 Baths
  • 3,053 Sq Ft

  5676 Walnut Grove Place, Memphis, TN 38120

  Walk the line to your new home—Johnny Cash’s iconic place is now up for grabs! This Piece of Memphis' History has been masterfully renovated with a NEW Roof, NEW Appliances, NEW Luxury Bathrooms (3), NEW Water Heater, NEW Granite Countertops, NEWLY refinished Hardwoods Floors, NEW driveway and sidewalk (did we mention is all new?!) SPACIOUS, and rather massive, 33x15ft primary bedrooms. All in

  

  Pablo Pereyra

  901, REALTORS

  5676 Walnut Grove Place, Memphis, TN 38120
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  $355,000

  $45K PRICE DROP

  • 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

  

  Amy Woods

  Crye-Leike, Inc., REALTORS

  4948 Fairfield Cir, Memphis, TN 38117
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  $250,000

  $15K PRICE DROP

  • 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

  

  Amanda Lee

  McWaters & Associates

  1594 Dorset Dr, Memphis, TN 38117
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  $299,900

  $30K PRICE DROP

  • 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

  

  Valencia Gathwright

  Keller Williams

  7743 Freehold Dr, Memphis, TN 38125
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  $214,900

  $30K 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
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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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  $65,000

  $5K PRICE DROP

  • 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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  $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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  $354,900

  $24K 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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  $334,999

  $40K 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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  $339,000

  $6K PRICE DROP

  • 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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  $239,900

  Open Sat 2PM - 4PM $15K PRICE DROP

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

  1069 Tatum Rd, Memphis, TN 38122

  SELLER OFFERING $5,000 TOWARDS BUYER'S CLOSING COSTS!!! 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. Updated bathrooms, abundant natural light, and approximately 1,800 square feet

  

  Kim Golden

  Mint Realty Group

  1069 Tatum Rd, Memphis, TN 38122
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  $499,900

  $25K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 3,366 Sq Ft

  2375 Massey Rd, Memphis, TN 38119

  3,400 SF home w/ incredible flexibility and room to spread out! Features 3 bedrooms + a potential 4th br or office, ideal for guests or working from home. additional flex spaces includes a gym area + large bonus room perfect for media, play, or extra living space. Kitchen features upgraded GE Café appliances, butcher block countertops, refrigerator + w/dryer also remain. Beautiful office space

  

  Karen Taylor

  Chamberwood Realty Group

  2375 Massey Rd, Memphis, TN 38119
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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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  $320,000

  $19K 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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  $289,900

  Open Sun 2:30PM - 4PM

  • 3 Beds
  • 1.5 Baths
  • 1,295 Sq Ft

  4117 Hilldale Ave, Memphis, TN 38117

  This beautifully updated East Memphis home is packed with modern upgrades throughout. The showstopper is a gorgeous, brand-new kitchen featuring an oversized island, double oven, recessed lighting, & quartz countertops. An open-concept layout & oversized front window makes this home feel so spacious. The kitchen flows seamlessly into the living & dining areas — perfect for gathering &

  

  Julie Upchurch

  McWaters & Associates

  4117 Hilldale Ave, Memphis, TN 38117
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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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  $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 $1600 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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  $144,901

  • 3 Beds
  • 1.5 Baths
  • 1,008 Sq Ft

  4956 Helene Rd, Memphis, TN 38117

  Owner agent. No blind offers. Perform all inspections prior to offer. Cash sales only. No financed offers accepted.

  

  Walter Jones

  BEST Real Estate Company

  4956 Helene Rd, Memphis, TN 38117
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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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  $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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  $337,500

  $13K PRICE DROP

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

  6220 Daybreak Dr, Memphis, TN 38135

  OPEN SATURDAY- 07/25- 12:00-2:00-BACK ON THE MARKET-NO FAULT OF THE SELLER !! ALL REPAIRS COMPLETED !!- PRICED $17,500 UNDER CURRENT APPRAISAL! DONT MISS THIS GREAT OPPORTUNITY! 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

  

  Steve Boysen

  Crye-Leike, Inc., REALTORS

  6220 Daybreak Dr, Memphis, TN 38135
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  /17

  $40,000

  • 2 Beds
  • 2 Baths
  • 960 Sq Ft

  2829 Sonora Dr Unit 2, Memphis, TN 38115

  Turnkey and ready to go, this beautiful 2-bedroom, 2-bath condo in The Hamlets is an excellent opportunity for both investors and owner-occupants. Featuring new appliances, including a new oven and refrigerator, this low-maintenance unit is move-in ready from day one. Investors will appreciate the strong rental potential of approximately $850 per month, easily exceeding the 1% rule, while buyers

  

  Jordan Ray

  eXp Realty, LLC

  2829 Sonora Dr Unit 2, Memphis, TN 38115
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  $650,000

  $125K 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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  $369,900

  Open Sat 11AM - 12:30PM $15K PRICE DROP

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

  8678 Ashbury Oak Dr, Cordova, TN 38018

  NEWER PRICE! Now $369,900! Behind the gate of The Traditions, this beautifully maintained home is ready for you! Spacious design, soaring ceilings, and natural light, generous living spaces, kitchen, and a private primary retreat. Peaceful surroundings within this sought-after gated community where privacy and security meet low-maintenance living. Conveniently located near shopping, dining,

  

  Margie Oneal

  REMAX Experts

  8678 Ashbury Oak Dr, Cordova, TN 38018
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  /30

  $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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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 $262,969.

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

6,582 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 38114, 38111, 38104, 38112 and 38106.

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 $209,977. If you put a 20% down payment of $42,000 and had a 30-year fixed mortgage with an interest rate of 6.58%, your estimated principal and interest payment would be $1,070 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $46K 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, Poplar Pines and Kirby Woods. Browse all the schools in Memphis, TN to learn more.

Home Prices in Memphis, TN

The median home sale price in Memphis, TN is $204,900, up 5% year-over-year. Homes in Memphis sell in 70 days on average, compared to the national average of 56 days.

Home Price Trends

Median Sale Price $204,900	Median Single Family Sale Price $198,473
Median Townhouse Sale Price $430,000	Median 2 Bedroom Sale Price $125,000
Median 1 Bedroom Sale Price $140,000	Average Price Per Sq Ft $132
Number of Homes for Sale 2,678	Last 12 months Home Sales 6,582
Months of Supply 4.90	Median List Price $209,977
Median Change From 1st List Price 5%	Median Home Sale Price YoY Change 5%