Memphis, TN Homes for Sale

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  $349,000

  • 3 Beds
  • 2 Baths
  • 1,839 Sq Ft

  164 S Reese St, Memphis, TN 38111

  Meticulously cared for townhouse at Joffre Place has everything you need and more. The outside is picturesque and is accented by beautiful landscaping in full bloom, Japanese maples and other perennials lead to private courtyard. Step inside the front door to a 2 story den and living room. Spacious primary bedroom down with double vanity bathroom. Wonderfully updated kitchen with adjoining

  

  Scott Gresham

  Ware Jones, REALTORS

  164 S Reese St, Memphis, TN 38111
• Explore Memphis

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  /15

  $105,000

  • 3 Beds
  • 1 Bath
  • 954 Sq Ft

  736 St Paul Ave, Memphis, TN 38126

  *Move in ready* A lot of love has gone into bringing this 3 bedroom, 1 bath home back to life. With a full wall to wall renovation and a layout that flows effortlessly, this home is ready for someone new to call it home. Schedule an appointment to see it today!

  

  Jennifer Steinmetz

  REMAX Experts

  736 St Paul Ave, Memphis, TN 38126
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  /38

  $394,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,841 Sq Ft

  3038 Yates St, Memphis, TN 38134

  Guest house, pool, gated.. say no more! Impressive outdoor living spaces in Bartlett, just walking distance to Bartlett High School. Situated on a beautifully landscaped lot with mature trees and exceptional curb appeal, the backyard is designed for both everyday enjoyment and unforgettable entertaining. Enjoy multiple decks, a covered gazebo area, a stunning pool, and expansive outdoor spaces

  

  Chasity Blackburn

  Blackburn & Co

  3038 Yates St, Memphis, TN 38134
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  /28

  $225,000

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,367 Sq Ft

  5304 Quince Rd, Memphis, TN 38117

  Welcome home to this beautifully maintained 3-bedroom, 2-bath home in the highly desirable Country Club Estates! Featuring hardwood floors throughout, this home offers multiple living spaces including a spacious living room, separate den, and formal dining room—providing plenty of room for entertaining and everyday living. The updated kitchen includes newer appliances, including the refrigerator,

  

  Aubrey Tilson

  Crye-Leike, Inc., REALTORS

  5304 Quince Rd, Memphis, TN 38117
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  /2

  $65,000

  • 3 Beds
  • 1 Bath
  • 1,070 Sq Ft

  2938 Conti Cove, Memphis, TN 38127

  A great investment property to rehab. Great location in a quite cove. Make your best offer.

  

  Jo Mathes

  Pinnacle Realty

  2938 Conti Cove, Memphis, TN 38127
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  /40

  $369,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 3,011 Sq Ft

  1462 Carr Ave, Memphis, TN 38104

  Situated in the desirable Garden District, this 1912 Midtown home is full of the charm, character, and flexibility today’s buyers are searching for. Offering 3 bedrooms, 2 bathrooms, several bonus rooms, and two kitchens, this property provides a rare opportunity for a variety of living arrangements. One kitchen area could work beautifully for a mother-in-law suite, guest quarters, or flexible

  

  Amanda Lester

  NextHome Cornerstone Realty

  1462 Carr Ave, Memphis, TN 38104
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  /40

  $599,900

  $40K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 3,578 Sq Ft

  3223 Wolstenholme Dr, Memphis, TN 38133

  NEW PRICE ON THIS SUMMER BACKYARD SHOWCASE on one-acre lot, this exceptional property offers a private backyard retreat that feels more like a luxury resort than a home. Discover the true centerpiece of the property, an incredible, huge saltwater pool surrounded by entertaining spaces, and total privacy. Whether hosting summer gatherings, relaxing poolside at sunset, or enjoying quiet mornings

  

  Margie Oneal

  REMAX Experts

  3223 Wolstenholme Dr, Memphis, TN 38133
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  /19

  $310,000

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,542 Sq Ft

  393 Fountain Crest Dr, Memphis, TN 38120

  Seller offering a 1-0 temporary rate buydown for qualified buyers!! Buyer must use NEXA mortgage, subject to lender guidelines and buyer qualification. You'll want to see this charming 3-bedroom, 2-bath home, conveniently situated on one level in the Fountain Pointe gated community. Beautiful hardwood floors flow throughout the main living areas, no LVP here! The fenced backyard is a rare find in

  

  Julianne Carney

  Keller Williams

  393 Fountain Crest Dr, Memphis, TN 38120
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  /33

  $145,000

  • 3 Beds
  • 2 Baths
  • 1,466 Sq Ft

  2535 Clearpark Dr, Memphis, TN 38127

  Move-in ready and located in one of the most desirable areas of Frayser, this spacious 3-bedroom, 2-bath home offers a flexible floor plan, tasteful updates, and excellent curb appeal. Beautiful hardwood floors run throughout much of the home, while the updated kitchen features attractive finishes and a modern vent hood that buyers love to see. With a formal dining room, an additional dining

  

  Jordan Ray

  eXp Realty, LLC

  2535 Clearpark Dr, Memphis, TN 38127
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  /29

  $410,000

  $40K PRICE INCREASE

  • 4 Beds
  • 2 Baths
  • 2,293 Sq Ft

  531 Stonewall St, Memphis, TN 38112

  This stunning home in Evergreen is a classic bungalow that has undergone numerous updates! It features a chef's fully renovated kitchen and two spacious bedrooms on the main floor, including a primary suite. The residence boasts beautiful hardwood floors, an exceptional floor plan, and an inviting fireplace in the living room. Additional amenities include a gated driveway leading to a two-car

  

  Leigh Martin

  Hobson, REALTORS

  531 Stonewall St, Memphis, TN 38112
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  /22

  $129,000

  $11K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,150 Sq Ft

  1220 Chamberlain Dr Unit 4, Memphis, TN 38119

  Great Condo in East Memphis' Chatham Village, the upstairs flat has 2 bed/ 1.5 bath LR DR outdoor covered patio/deck. Convenient t to St Francis, Regalia Park Place This condo has new paint, new floors, an open kitchen, gated parking, is clean and ready to move in. Community laundry room on site for your use. Private covered patio for outdoor living just off the living room.

  

  Tonya McDowell

  The Stamps Real Estate Company

  1220 Chamberlain Dr Unit 4, Memphis, TN 38119
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  /39

  $1,450,000

  $50K PRICE DROP

  • 10 Beds
  • 7.5 Baths
  • 6,011 Sq Ft

  309 N Mclean Blvd, Memphis, TN 38112

  McLean Manor is a beautifully renovated and fully furnished property in the heart of Midtown, offering a rare opportunity. 309 N. McLean blends modern updates with classic charm, featuring thoughtfully designed interiors, stylish finishes, and a layout ideal for comfortable living and hosting. The home has been completely updated, with attention to detail throughout, and is being sold fully

  

  Corey Steinberg

  River City Land Co., LLC

  309 N Mclean Blvd, Memphis, TN 38112
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  /37

  $142,000

  $13K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 720 Sq Ft

  109 N Main St Unit 612, Memphis, TN 38103

  Live in the heart of downtown Memphis at the iconic Claridge House. This thoughtfully maintained condo is located in a mixed-use building with a coffee shop and restaurant on the ground floor and features spacious, light-filled rooms, a large walk-in closet, and built-in shelving. Walk, or ride the Main Street trolley, to many of downtown Memphis's favorite destinations, including Tom Lee Park,

  

  Edwin Scruggs

  BHHS Taliesyn Realty

  109 N Main St Unit 612, Memphis, TN 38103
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  /13

  $207,901

  $27K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,282 Sq Ft

  431 Alexander St, Memphis, TN 38111

  PRICE REDUCTION!!! “The Grey castle” in charming Historic East Buntyn! 2 bedrooms, 2 updated baths, office, hardwood floors throughout, classic wood-paneled windows, new tile kitchen with butcher block counters, craftsman details, large backyard with shed, and all appliances included. Quiet, picturesque street, close to Poplar Ave—perfect for lovers of historic character and timeless charm. With

  

  Dylan Johnson

  901, REALTORS

  431 Alexander St, Memphis, TN 38111
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  /26

  $229,901

  • 3 Beds
  • 1 Bath
  • 1,337 Sq Ft

  193 N Hollywood St, Memphis, TN 38112

  This charming 3 bedroom home has been completely remodeled. Featuring original hardwood floors, recessed lighting throughout, extended driveway, new quartz kitchen countertops & stainless appliances, and more! Nested between the trending Nearby Broad Ave Arts District and the sought after Midtown scene. Take Poplar and be downtown in minutes. Upstairs also has enough space to create a 4th

  

  Pablo Pereyra

  901, REALTORS

  193 N Hollywood St, Memphis, TN 38112
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  /40

  $750,000

  • 4 Beds
  • 4.5 Baths
  • 5,243 Sq Ft

  3606 Fairwood Cove, Memphis, TN 38125

  Welcome to 3606 Fairwood Cove, a stately Memphis home offering 4 bedrooms, 4.5 baths and 5,463 sq ft of polished living space in the Southwind area. From the brick exterior, arched entry and manicured lawn to the expansive driveway and patio, the home makes a memorable first impression. Inside, a dramatic foyer with curved staircase opens to elegant living and dining areas, a comfortable den with

  

  Edwin Scruggs

  BHHS Taliesyn Realty

  3606 Fairwood Cove, Memphis, TN 38125
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  $325,000

  $5K 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
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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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  /31

  $199,800

  $10K 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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  /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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  /40

  $574,900

  $50K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 4,090 Sq Ft

  443 Grandview St, Memphis, TN 38111

  **Priced Below Appraised Value in the Heart of Memphis** Not cookie-cutter. Not ordinary. Just full of possibility. 443 Grandview St offers something increasingly hard to find - nearly an acre in an established East Memphis neighborhood. Built in 1937, this home is filled with original charm and endless possibilities. Whether you're dreaming of restoring historic details, creating a modern

  

  Michelle Shaver-Simpson

  Crye-Leike, Inc., REALTORS

  443 Grandview St, 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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  /31

  $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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  /33

  $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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  /22

  $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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  /28

  $320,000

  $10K 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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  /28

  $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
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  /31

  $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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  /14

  $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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  /32

  $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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  /40

  $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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  /26

  $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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  /31

  $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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  /40

  $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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  /26

  $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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  /35

  $364,900

  Open Sun 2PM - 4PM $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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  /15

  $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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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 $263,170.

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

6,560 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, 38106 and 38112.

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 6.49%, your estimated principal and interest payment would be $1,060 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 $203,000, up 4% 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 $203,000	Median Single Family Sale Price $199,500
Median Townhouse Sale Price $421,500	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 2,593	Last 12 months Home Sales 6,560
Months of Supply 4.70	Median List Price $210,000
Median Change From 1st List Price 5%	Median Home Sale Price YoY Change 4%