Why Live in Oakhaven
Oakhaven, located on the outskirts of Memphis, Tennessee, is a suburban neighborhood just a mile from the Mississippi state line and adjacent to Memphis International Airport. The area is characterized by a mix of ranch-style homes, brick ranches, Colonial, Cape Cod, and contemporary designs, with prices ranging from $50,000 to $200,000. The neighborhood is known for its beautiful foliage, with streets and yards filled with vibrant red and orange leaves during the fall. Oakhaven is primarily residential with a significant number of residents working at the nearby airport, FedEx, or Amazon distribution center. While the neighborhood lacks a variety of dining options, it features several parks such as Zodiac Park, Medal of Honor Park, and Oakhaven Park, which offer playgrounds, walking trails, and open spaces for recreational activities. The Food Truck Park on Winchester Road is a popular spot for freshly-made meals, and Tom’s Barbecue is a local favorite, known for its Memphis-style barbecue and a feature on Guy Fieri’s Diners, Drive-Ins and Dives. Small grocery stores like County Line Grocery Store and Gary’s Market cater to everyday needs. Oakhaven is conveniently located near Interstate 55 and Highway 78, providing quick access to downtown Memphis, which is under 15 miles away. The neighborhood is part of the Shelby County Schools district, with Oakhaven Elementary, Middle, and High Schools all located within its boundaries.
Home Trends in Oakhaven, TN
On average, homes in Oakhaven, Memphis sell after 42 days on the market compared to the national average of 51 days. The median sale price for homes in Oakhaven, Memphis over the last 12 months is $120,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$120,000
Median Single Family Sale Price
$131,000
Median 2 Bedroom Sale Price
$60,000
Average Price Per Sq Ft
$98
Number of Homes for Sale
24
Last 12 months Home Sales
67
Median List Price
$130,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
8%