3,181

Luxury Homes for Sale in Memphis, TN

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  • /40

    $3,700,000

    • 5 Beds
    • 7 Baths
    • 7,000+ Sq Ft

    6211 Dovecote Ln, Memphis, TN 38120

    Normandy Park’s prestigious 24/7 guard-gated community,this smart luxury estate showcases elevated living at its finest. Behind custom French iron double doors, a grand entry with soaring 12’ ceilings and abundant natural light leads to an open-concept design ideal for refined living and entertaining. The chef’s kitchen w/premium Wolf appliances flows into expansive living and dining areas.

    Cali Neal KAIZEN Realty, LLC

    6211 Dovecote Ln, Memphis, TN 38120
  • /5

    $3,550,000

    • Land
    • 15.29 Acres
    • $232,178 per Acre

    10117 US 64 Hwy, Memphis, TN 38002

    Development Property. zoned commercial and office uses. All utilities on site. Can be divided.

    Glen Bascom Bascom Realty

    10117 US 64 Hwy, Memphis, TN 38002
  • /40

    $2,500,000

    • 6 Beds
    • 4 Baths
    • 11,144 Sq Ft

    1397 Central Ave, Memphis, TN 38104

    Live, celebrate, and make history at Ashlar Hall a true Memphis’ Castle. Set in Central Gardens, this National Register landmark (1896) blends storybook stone architecture with a fresh, full renovation for modern events or refined private living. Behind the crenellated façade, grand rooms, period millwork, and sweeping bay windows create unforgettable backdrops for weddings, galas, and brand

    Garth Ward eXp Realty, LLC

    1397 Central Ave, Memphis, TN 38104
  • /27

    $2,495,000

    • 8 Beds
    • 6 Baths
    • 6,314 Sq Ft

    401 N Sanga Rd, Cordova, TN 38018

    Set on nearly 15 acres in the heart of Cordova, this beautiful sprawling property is an exceedingly rare opportunity with potential only limited by the imagination. 401 N. Sanga Road features FIVE matching renovated homes, a stocked pond, six pickleball courts, fenced areas for horses and additional space prepared for wherever its new owner's inspiration leads them. Whether it be a family

    James Harvey Jr Keller Williams

    401 N Sanga Rd, Cordova, TN 38018
  • /40

    $2,495,000

    • 4 Beds
    • 5.5 Baths
    • 5,200+ Sq Ft

    551 Magnolia Mound Dr, Memphis, TN 38103

    Prepare to be mesmerized by this stunning riverfront masterpiece in the prestigious South Bluffs community, designed by Looney Ricks Kiss and expertly built by Tom Archer of Archer Custom Builders. Offering arguably the most breathtaking views of the Mighty Mississippi, this residence showcases unparalleled quality and thoughtful design. Enjoy panoramic river vistas from all three floors, coupled

    Judy McLellan Crye-Leike, Inc., REALTORS

    551 Magnolia Mound Dr, Memphis, TN 38103
  • /40

    $2,375,000

    • 4 Beds
    • 6.5 Baths
    • 7,023 Sq Ft

    202 Cloister Green Ln, Memphis, TN 38120

    The height of architectural design & material finishes defines this ultra-sophisticated master-work home designed by Doug Enoch in the spirit of nationally renowned architect A. Hays Town. Authenticity abounds in the Louisiana "low country", Acadian theme, as finely executed as only a small number of homes in our area. The tone is set with a most impressive true slate roof, barrel-vaulted

    Jimmy Reed Marx-Bensdorf, REALTORS

    202 Cloister Green Ln, Memphis, TN 38120
  • /40

    $1,999,000

    • 4 Beds
    • 9 Baths
    • 11,011 Sq Ft

    8671 Tournament Dr, Memphis, TN 38125

    Most iconic home in Southwind! This 11,000 sq ft home designed & finished in the majestic style of Loxley Hall is an extraordinary masterpiece! You're greeted by a grand foyer w/intricate wood ceiling design. Floorplan is open yet divided w/enormous rooms that flow seamlessly. Formal DR, large enough for a table of 20! Cozy fp w/ornate mantle. Laser cut wood trim w/fleur-de-lis on corbel. Large

    Sue Stinson-Turner Crye-Leike, Inc., REALTORS

    8671 Tournament Dr, Memphis, TN 38125
  • /40

    $1,990,000

    • 4 Beds
    • 9 Baths
    • 9,000+ Sq Ft

    8750 Players Fwy, Memphis, TN 38125

    In the GATED & GUARDED neighborhood of Southwind, home of the Fedex St.Jude World Cup Championship Golf Tournament! This astounding home features oversized rooms, 30'ceilings,circular staircase,outdoor living that will entertain over 100 people! No detail was overlooked.The construction (by Doyle Ricks)is impeccable. Floor plan is sensible and provides for privacy. Gunite pool has it's own

    Melinda Merkle Crye-Leike, Inc., REALTORS

    8750 Players Fwy, Memphis, TN 38125
  • /2

    $1,900,000

    • Land
    • 9.29 Acres
    • $204,521 per Acre

    0 Summer Ave Unit 10200827, Memphis, TN 38134

    Opportunity to own 9.29 acres (approx. 404,803 SF) of CMU-3 commercial mixed-use land in a high-traffic Summer Avenue corridor, zoned for flexible development in Shelby County. Conveniently located near White Station schools, with easy access to I-40, this large parcel is ideal for retail, office, or multi-use redevelopment. Flood zone minimal in most areas, with utilities available. Priced

    Agent Photo

    Walter Jones

    BEST Real Estate Company

    (901) 657-6826

    0 Summer Ave Unit 10200827, Memphis, TN 38134
  • /40

    $1,795,000

    • 6 Beds
    • 4.5 Baths
    • 7,233 Sq Ft

    227 Stonewall St, Memphis, TN 38112

    Once in a generation does not begin to describe this 5-year, ground-up restoration. Completed in 2024, all of the historic character is fully preserved, and every system has been rebuilt from scratch. 7000+ sq ft, 6 beds, 4.5 baths, luxurious first floor primary suite, rare 1-acre double lot and so much more. The completely custom kitchen stuns with La Cornue induction range, custom brass-clad

    David Da Ponte Sowell, Realtors

    227 Stonewall St, Memphis, TN 38112
  • /21

    $1,795,000

    • 50 Beds

    1695 & 1707 Ontario Ave, Memphis, TN 38127

    This completely renovated 25-unit apartment complex has undergone comprehensive upgrades. All renovations were executed with high standards and attention to detail. Improvements feature new roofing, luxury vinyl plank flooring, updated electrical panels, upgraded water and sewer lines, and energy-efficient windows. Onsite laundry facilities are available to enhance tenant convenience. The

    John Cornes Braden, Braden & Braden LLC

    1695 & 1707 Ontario Ave, Memphis, TN 38127
  • /18

    $1,749,000

    • Land
    • 13.84 Acres
    • $126,373 per Acre

    7540 Highway 70 E, Memphis, TN 38133

    13.84 Acres of Opportunity in the Heart of Bartlett! Location, location, location! This cleared 13.84-acre commercial parcel is a developer's dream. Strategically located near retail hubs, grocery stores, and community amenities like the performing arts center and newly renovated YMCA, this property is ready to make your vision a reality. With city approval needed for builds, the future here is

    Nancy Moore Crye-Leike, Inc., REALTORS

    7540 Highway 70 E, Memphis, TN 38133
  • /39

    $1,699,949

    • 5 Beds
    • 6 Baths
    • 7,690 Sq Ft

    9141 Forest Bend Ct, Memphis, TN 38138

    Exceptional gated estate on 3 acres offering 5–6 bedrooms, 5.5 baths, elevator access, and custom molding throughout. Flexible layout includes a private 3-room nanny/caretaker suite with full kitchen. Two laundry areas (up and down); upstairs washer/dryer remain, and pool table stays. Bright interiors feature skylights, double-pane windows, gas fireplace, and abundant storage. Major

    Lauren Cansler Crye-Leike, Inc., REALTORS

    9141 Forest Bend Ct, Memphis, TN 38138
  • /39

    $1,699,000

    • 5 Beds
    • 5.5 Baths
    • 7,000+ Sq Ft

    425 River Oaks Rd, Memphis, TN 38120

    Welcome to this stunning 5-bedroom, 5.5-bath home with over 7,500 square feet of carefully thought-out and designed excellence. You will fall in love with the stunning character of this home, where every detail tells a story and has a specific function. This home is complete with a luxury kitchen, laundry room upstairs and downstairs, a caterer's kitchen, workout room, walk-in closets, a bonus

    Landon Twisdale Weichert, REALTORS-BenchMark

    425 River Oaks Rd, Memphis, TN 38120
  • /40

    $1,695,000 New Construction

    • 5 Beds
    • 6 Baths
    • 6,000+ Sq Ft

    4798 Normandy Ln, Memphis, TN 38117

    Beautiful new construction custom home in the heart of East Memphis features 5 Bedrooms, 4 full and 2 1⁄2 bathrooms. Gormet kitchen is perfect for entertaining with a separate butler’s pantry. The kitchen opens to a spaciaous great room with a gas fireplace and breakfast room. Separate formal dining room and dry bar. Luxruious primary bath. Large vaulted bonus room upstairs. Laundry rooms up and

    Camille Zanone Crye-Leike, Inc., REALTORS

    4798 Normandy Ln, Memphis, TN 38117
  • /15

    $1,650,000

    • 18 Beds

    31 S Mclean Blvd, Memphis, TN 38104

    This charming 16 unit multi family is located near the heart of Midtown Memphis. The units include studios, one bedrooms and two bedrooms with central heating and air. This property may be acquired individually. However, it must close concurrently with 23 S. Mclean. The scheduled monthly income is 17500. Please do not disturb residents, drive by only.

    Jeffrey Moore Crye-Leike Commercial

    31 S Mclean Blvd, Memphis, TN 38104
  • /11

    $1,650,000

    • 17 Beds
    • 15,260 Sq Ft

    23 S Mclean Blvd, Memphis, TN 38104

    This charming 16 unit building is located near the heart of Midtown and on one of the more active visible streets in the area. The units include studios, 1 bedrooms and 2 bedroom. The scheduled monthly income is 16575. This building may be acquired individually, but it must close concurrently with the 16 unit building at 23 S. Mclean.

    Jeffrey Moore Crye-Leike Commercial

    23 S Mclean Blvd, Memphis, TN 38104
  • /40

    $1,550,000

    • 5 Beds
    • 8 Baths
    • 7,396 Sq Ft

    4565 Normandy Rd, Memphis, TN 38117

    Expertly crafted and designed by Charles Shipp and Byrnes/Ostner, this .5 acre gated-drive estate has every feature & room you could ever want! So much attention detail with features including beautiful reclaimed pine floors & brick entry & hallways, handsome millwork and molding throughout,12 ft plus ceilings w/ gorgeous beams, & beautiful windows with natural light in every room.The main level

    Conlee Stringfellow Ware Jones, REALTORS

    4565 Normandy Rd, Memphis, TN 38117
  • /26

    $1,549,000 Open Thu 11AM - 1PM

    • 4 Beds
    • 6 Baths
    • 6,592 Sq Ft

    5352 N Clover Dr, Memphis, TN 38120

    Commanding 6,500+ sq ft estate on nearly an acre in coveted Pleasant Acres—one of East Memphis’ most established and desirable neighborhoods. A freshly painted exterior, circular drive, and dramatic domed entry create an unforgettable first impression. Inside, soaring ceilings, plantation shutters, and hardwood floors flow throughout (tile kitchen and baths). Designed for effortless entertaining,

    Agent Photo

    Charlene Bailey

    Bespoke Realty

    (901) 673-3504

    5352 N Clover Dr, Memphis, TN 38120
  • /40

    $1,500,000

    • 5 Beds
    • 7 Baths
    • 6,566 Sq Ft

    4525 Barfield Rd, Memphis, TN 38117

    Truly a fine property located in one of Memphis’ finest locations! Quality built by one of our city’s top builders 21 years ago, it is a solid, well planned home inside and out with a grand feel boasting high ceilings, beautiful hardwood floors and extensive millwork throughout. All living areas connect with great flow for entertaining. The primary suite is downstairs as well as a second bedroom

    Richard Howle Keller Williams

    4525 Barfield Rd, Memphis, TN 38117
  • /32

    $1,500,000 New Construction

    • 3 Beds
    • 5 Baths
    • 3,600+ Sq Ft

    5393 Alladin Ave Unit 5, Memphis, TN 38120

    The Charleston Brownstones—5 levels, a private elevator, and elevated designer finishes. This new construction townhome offers a rare layout: 2-car garage with wine cellar, office/flex space, and half bath; open-concept living with a stunning kitchen featuring light oak cabinetry, a 12-ft waterfall island, Wolf range, Bosch ovens, and walk-in pantry; full-floor primary suite with spa bath,

    Ashley Wisch eXp Realty, LLC

    5393 Alladin Ave Unit 5, Memphis, TN 38120
  • /4

    $1,494,995 New Construction

    • 4 Beds
    • 4.5 Baths
    • 4,684 Sq Ft

    9087 Freeman Oaks Cove, Memphis, TN 38018

    Privately set on 1.5 acres, this exquisite estate showcases timeless architecture & elevated design throughout. A grand two-story foyer introduces the home, highlighted by barrel ceilings, arched openings, & refined detailing that create a sense of elegance & flow. The main level features a well-appointed family room, formal living room, dining room, & private executive office—each thoughtfully

    Tammie Ross New Roots Realty LLC

    9087 Freeman Oaks Cove, Memphis, TN 38018
  • /40

    $1,450,000

    • 4 Beds
    • 4.5 Baths
    • 5,195 Sq Ft

    704 W Clover Dr, Memphis, TN 38120

    Spectacular one acre +/- English garden estate in the heart of Memphis, tucked in a quiet, established neighborhood. Designed to maximize views of the natural setting & back yard amenities, this home features lots of natural light, rich black walnut and oak floors, and stunning millwork. A chef’s kitchen with custom cabinetry, gas cooktop, double ovens, dual dishwashers, and built-in refrigerator

    Judy McLellan Crye-Leike, Inc., REALTORS

    704 W Clover Dr, Memphis, TN 38120
  • /5

    $1,400,000

    • Land
    • 39.85 Acres
    • $35,132 per Acre

    0 Highway 64 Hwy, Unincorporated, TN 38002

    This expansive 39.85-acre property presents a rare opportunity with incredible potential. Currently zoned for farming, it offers the possibility for rezoning, with residential development on one side and commercial property on the other. The land consists of two parcels—one measuring 13.25 acres and the other 26.59 acres—both within the Green Belt, providing valuable tax benefits. Utilities,

    Michael Bryan Bryan Realty Group

    0 Highway 64 Hwy, Unincorporated, TN 38002
  • /40

    $1,399,000

    • 3 Beds
    • 2.5 Baths
    • 3,800+ Sq Ft

    555 Magnolia Mound Dr, Memphis, TN 38103

    NEW PRICE! Perched high atop the Mississippi River bluff, this architecturally stunning two-story contemporary home offers breathtaking views from nearly every room. Designed by award-winning LRK Architects, it features a dramatic open floor plan with soaring 20-foot ceilings and walls of soundproof glass that seamlessly connect indoor and outdoor living. Multiple balconies and terraces,

    Angie Ware Coldwell Banker Collins-Maury

    555 Magnolia Mound Dr, Memphis, TN 38103
  • /25

    $1,349,500

    • 5 Beds
    • 8 Baths
    • 6,325 Sq Ft

    2302 Madison Ave, Memphis, TN 38104

    Nestled in the heart of a charming Historic Midtown Memphis. This home provides every modern amenity, from mirrors to an outdoor paradise. The open layout connects the living, dining, and kitchen areas, creating a perfect space for entertaining or simply relaxing with loved ones. A sleek kitchen features state-of-the-art appliances, a Sub-Zero fridge/freezer, a walk-in wine pantry, and ample

    Joseph Jackson BenchMark REALTORS, LLC

    2302 Madison Ave, Memphis, TN 38104
  • /40

    $1,349,000

    • 5 Beds
    • 7 Baths
    • 6,574 Sq Ft

    1840 Overton Park Ave, Memphis, TN 38112

    Exquisitely designed and built to complement Paisley Hall next door, this completely gated .75 acre English Tudor estate brings the best of new while keeping with the history of Evergreen HD. Hardwoods throughout this natural light filled house, coming in through diamond paned, or pointed arch casement windows. Two BRs down, w Primary suite featuring a sitting room with one of 3 wood burning

    Jake Lawhead Ware Jones, REALTORS

    1840 Overton Park Ave, Memphis, TN 38112
  • /40

    $1,295,000

    • 4 Beds
    • 5 Baths
    • 4,319 Sq Ft

    481 Tennessee St, Memphis, TN 38103

    Riverfront Home in Downtown Memphis. Custom Built home overlooking Tom Lee Park and the Mississippi River. Features include 10' ceilings, solid 8' doors, Elevator, Viking Gas Cook Top, Central Vacuum, Gunite Cocktail Pool, home sound system, Large garage, Home Gym in Basement, Screened balcony w/natural gas grill on 2nd floor w/river views, Unscreened balcony on 3rd floor, XL laundry room, plus a

    Chris Garland Crye-Leike, Inc., REALTORS

    481 Tennessee St, Memphis, TN 38103
  • /2

    $1,295,000 New Construction

    • 4 Beds
    • 4.5 Baths
    • 4,000 Sq Ft

    131 Forest Hill-Irene Rd, Memphis, TN 38018

    Privately situated on 1.5 acres, this refined one-level estate is designed with intention & architectural excellence. The thoughtfully zoned layout creates both openness & privacy, anchored by a dramatic family room. The primary suite is a true retreat, featuring generous sleeping quarters, a spa-style bath with an expansive shower, & an oversized walk-in closet—designed to feel more like a

    Tammie Ross New Roots Realty LLC

    131 Forest Hill-Irene Rd, Memphis, TN 38018
  • /40

    $1,280,000

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

    511 Monteigne Blvd, Memphis, TN 38103

    Experience treetop living in South Bluff, a coveted gated community in downtown Memphis. This architectural gem features windows on all three levels, flooding the home with natural light and showcasing sweeping views of the river and historic fountain. Enjoy balconies on three sides of the home across every floor, plus a screened patio where you can hear the fountain while enjoying serene

    Tracie Gaia BHHS McLemore & Co., Realty

    511 Monteigne Blvd, Memphis, TN 38103
  • /40

    $1,280,000

    • 5 Beds
    • 4.5 Baths
    • 5,000+ Sq Ft

    55 Saint Andrews Fwy, Memphis, TN 38111

    The Cornerstone Home of Hedgemoor now has an exciting NEW PRICE! Originally intended to be the sellers’ “Forever Home” a job transfer means this is your opportunity to own this 1927 English Tudor. Blending timeless craftsmanship with thoughtful updates and expanded in 2008 by architect Charles Shipp, the 5,100+ sq ft home (plus basement & attic) offers hardwood floors throughout, vintage

    Judy McLellan Crye-Leike, Inc., REALTORS

    55 Saint Andrews Fwy, Memphis, TN 38111
  • /40

    $1,250,000

    • 5 Beds
    • 3.5 Baths
    • 6,555 Sq Ft

    1520 Central Ave, Memphis, TN 38104

    *Historic Landmark in Central Gardens * Discover a Memphis treasure—the city’s first home built with steel framing and reinforced concrete, set on the largest lot in Central Gardens. This iconic estate blends historic elegance with modern comfort and architectural significance. Admire the stately presence, natural millwork, vintage stained glass, and unique details, including a garage that once

    Shelly Rainwater Ware Jones, REALTORS

    1520 Central Ave, Memphis, TN 38104
  • /12

    $1,250,000

    • Land
    • 46.76 Acres
    • $26,732 per Acre

    4087 Singleton Pkwy, Memphis, TN 38128

    This 47 acres R-10 Zoned parcel presents a great development opportunity with 620 feet of road frontage on Singleton Pkwy. The area has seen growth with new businesses like Starbucks, Chic-Fil-A, and the multi-million-dollar Raleigh library. Walmart, Kroger, Methodist North hospital, and other businesses are within a quarter-mile radius. Ford's Blue Oval City is less than 40 minutes away.

    John Cornes Braden, Braden & Braden LLC

    4087 Singleton Pkwy, Memphis, TN 38128
  • /25

    $1,249,000

    • Studio
    • 9,100 Sq Ft

    179 Vance Ave, Memphis, TN 38103

    Multifamily****AIRBNB****This place is HUGE with 9000 sqft. 2 Units. Each Unit is 7 bedrooms 3 Baths. Private parking lot that has 12 parking spaces. Building is 2 blocks from the FedEx Forum. Please note: this is not a luxury place. Its shabby-chic so don’t expect high end finishes.

    Chris Garland Crye-Leike, Inc., REALTORS

    179 Vance Ave, Memphis, TN 38103
  • /5

    $1,225,000

    • Land
    • 10.77 Acres
    • $113,742 per Acre

    8727 Thor Rd, Cordova, TN 38018

    10.77 Acres Multifamily Development and residential opportunity With 1088 ft Frontage on Sanga Rd with Several access points to neighborhood and boasts option for division into several lots, near to elementary and historical notable Cordova city. Accommodate both commercial and residential visionary interests.

    Nataraja Krishnaraju Crye-Leike, Inc., REALTORS

    8727 Thor Rd, Cordova, TN 38018
  • /2

    $1,200,000

    • Land
    • 11.55 Acres
    • $103,896 per Acre

    0 Stage Rd Unit 10201799, Memphis, TN 38128

    11.55 Acres, Zoned CMU-2, Surrounded by Home Depot, Starbucks, Etc. Uses Include, Single Family Homes, Apts./ Multi Family (minimum size 20,000 SqFt), Medical Space & More. Less than 20 mins. to Downtown Memphis.

    John Cornes Braden, Braden & Braden LLC

    0 Stage Rd Unit 10201799, Memphis, TN 38128
  • /30

    $1,200,000

    • 4 Beds
    • 5.5 Baths
    • 5,847 Sq Ft

    120 Founders Ln, Memphis, TN 38103

    REGISTER & PLACE BID AUCTION.COM REDUCED - Beautiful DOWNTOWN LOCATION, PERFECT WITH 3RD FLOOR TERRACE VIEW- SEE COLOR BROCHURE-3 CAR GARAGE AMPLE PARKING 3 STORY BUILDING CLOSE TO FAMOUS BEALE ST & OTHER DOWNTOWN ATTRACTIONS THIS IS A MUST SEE Dynamic LOCATION In ground POOL, LARGE PATIO AREA FOR GATHERINGS, EXERCISE ROOM, LARGE THEATRE THE PERFECT LOCATION FOR ENTERTAINING. MEMPHIS DOWNTOWN

    ANTHONY WILLOUGHBY Germantown Luxury Homes, LLC

    120 Founders Ln, Memphis, TN 38103
  • /13

    $1,200,000

    • Land
    • 28.58 Acres
    • $41,987 per Acre

    4118 Austin Peay Hwy, Memphis, TN 38128

    Welcome to 4118 Austin Peay Hwy, Memphis, TN. This prime property sits in a bustling corridor of North Memphis, steps from Methodist North hospital, offering exceptional visibility and high traffic count. The property boasts ample room for parking and easy access from major thoroughfares, making it convenient for almost any buyer. Space can be tailored to suit retail, office, or service-oriented

    Angela Davis Epique Realty

    4118 Austin Peay Hwy, Memphis, TN 38128
  • /40

    $1,199,000

    • 4 Beds
    • 6 Baths
    • 8,000+ Sq Ft

    4051 Baronne Way Unit 83, Memphis, TN 38117

    **MOTIVATED SELLER — all serious offers will be carefully considered** Step into luxury living with this historic gem transformed into modern elegance. Originally built on 27 acres in 1925 by the late Mr & Mrs Frank M. Crump, this 8,500 sqft residence boasts timeless craftsmanship on 4 levels. Indulge in modern comforts like an elevator, surround sound, luxury appliances, steam shower and wine

    John Moore Keller Williams

    4051 Baronne Way Unit 83, Memphis, TN 38117
  • /40

    $1,150,000

    • 4 Beds
    • 4.5 Baths
    • 4,637 Sq Ft

    311 E Cherry Cir, Memphis, TN 38117

    Spectacular custom designed Modern designed for privacy, views to the gardens & for displaying art collection. Architect, Nolan Blass drew plans to owner/artist's specifications & vision & blt by Swift Treadwell. Deeply set on Tom Pellet designed 1.1 acre, this home offers sophistication & style. Striking Foyer, w geometric stone floors framed by polished copper-wrapped columns, sets the tone for

    Barbie Dan Ware Jones, REALTORS

    311 E Cherry Cir, Memphis, TN 38117

Showing Results 1 - 40, Page 1 of 18

Frequently Asked Questions

What is the average home price in Memphis, TN?
Homes for sale in Memphis, TN have an average home price of $258,176.
How many homes have sold over the last 12 months in Memphis, TN?
6,609 homes have sold in Memphis, TN over the last 12 months.
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, 38112, 38104, 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 Frayser, East Memphis, Cordova, Whitehaven and Berclair.
How much do you need to make to afford a house in Memphis?
The median home price in Memphis is $204,900. If you put a 20% down payment of $41,000 and had a 30-year fixed mortgage with an interest rate of 6.38%, your estimated principal and interest payment would be $1,020 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $44K a year to afford the median home price in Memphis. Learn how much home you can afford with our Home Affordability Calculator.
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 Trends in Memphis, TN

Housing Trends

Median Sale Price
$200,000
Median Single Family Sale Price
$195,000
Median Townhouse Sale Price
$399,900
Median 2 Bedroom Sale Price
$148,000
Median 1 Bedroom Sale Price
$140,077
Average Price Per Sq Ft
$132
Number of Homes for Sale
2,326
Last 12 months Home Sales
6,609
Months of Supply
4.20
Median List Price
$204,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
6%
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