Why Live in Orange Mound
Orange Mound, a historic neighborhood in Memphis, is known for its rich cultural heritage and strong community ties. Established in 1890 and incorporated into Memphis in 1919, it holds the distinction of being the first Black neighborhood in the U.S. built by Black homeowners. The area features a variety of home styles, including ranch, bungalow, and shotgun-style houses, many of which were constructed in the 20th century. Residents enjoy local attractions such as Lewis-Davis Park and the Orange Mound Community and Senior Center, which offers an indoor pool. The neighborhood is also home to several locally owned businesses, including the long-standing Orange Mound Grill, Pop’s Tamales, and Wingz Factory. For groceries, residents can visit nearby stores like Landmark Farmers Market and Carnes Mini Market Grocery, with larger retailers like Costco and Walmart within a 12-mile radius. Public transportation is accessible via the Memphis Area Transit Authority, with bus stops along Lamar and Park Avenue. The neighborhood is safer than the national average, providing a sense of security for its residents. Orange Mound is also known for its vibrant community events, such as the annual Southern Heritage Classic parade, which celebrates the local culture and history. The neighborhood is served by Memphis-Shelby County Schools, including Melrose High School, which has a dedicated alumni association that supports students with scholarships. With ongoing development and federal funding for historic preservation, Orange Mound continues to honor its past while looking towards the future.
Home Trends in Orange Mound, TN
On average, homes in Orange Mound, Memphis sell after 64 days on the market compared to the national average of 51 days. The median sale price for homes in Orange Mound, Memphis over the last 12 months is $89,000, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$89,000
Median Single Family Sale Price
$93,880
Median 2 Bedroom Sale Price
$75,000
Median 1 Bedroom Sale Price
$70,000
Average Price Per Sq Ft
$91
Number of Homes for Sale
54
Last 12 months Home Sales
123
Median List Price
$114,900
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
3%