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Parkway Village Homes for Sale

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  • /30

    $190,000

    • 3 Beds
    • 2 Baths
    • 1,200+ Sq Ft

    3339 S Perkins Rd, Memphis, TN 38118

    Call your favorite Real Estate Agent now and schedule an appointment to tour this lovely home! 3 bedrooms, 2 bathrooms, spacious kitchen with dining area. Separate Laundry Room. Beautiful pool. Private backyard for relaxing. Seller requests only pre approved buyers tour the home. Llame su Agente de Bienes Raices favorito y programar una cita a ver esta casa. 3 dormitorios, 2 banos, amplia

    Agent Photo

    Monica Mauricio

    REMAX Experts

    (901) 554-4132

    3339 S Perkins Rd, Memphis, TN 38118
  • /2

    $120,000

    • 3 Beds
    • 2 Baths
    • 1,200+ Sq Ft

    4825 Bridgedale Ave, Memphis, TN 38118

    Great Investment Property! Being sold AS-IS! Seller prefers to sell this property as a package along with 140 E Shelby Dr 38109 - MLS#10204237. No wholesalers! ARV is $175K. Market rents are $1,400 - $1,600. Drive by ONLY! Tenant occupied. DO NOT DISTURB THE TENANT! Leased at $1,150/month until 3/31/2026. Cash tenant. Make offers contingent on inspection. Copy of the lease & ledger available upon

    Agent Photo

    Jordan Ray

    eXp Realty, LLC

    (901) 621-8613

    4825 Bridgedale Ave, Memphis, TN 38118
  • /20

    $139,000

    • 3 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft

    4189 Chippewa Rd, Memphis, TN 38118

    Great opportunity in Memphis! This property has had recent renovations including updated flooring, fresh paint, and more. Functional layout with strong rental potential or a great option for a primary residence. Conveniently located near shopping, schools, and major roadways. Don’t miss your chance to add this one to your portfolio or make it your own!

    Agent Photo

    Blake Clothier

    Premier Realty Group, LLC

    (901) 446-3068

    4189 Chippewa Rd, Memphis, TN 38118
  • /18

    $50,000

    • 2 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft

    3811 S Mendenhall Rd Unit A6, Memphis, TN 38115

    PRICE IMPROVEMENT AS IS WHERE IS Recently painted and new carpet installed

    Agent Photo

    Camille Holmes

    Ready Team REALTORS

    (901) 673-9224

    3811 S Mendenhall Rd Unit A6, Memphis, TN 38115
  • /14

    $214,400 New Construction

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft

    3118 Arrendale St, Memphis, TN 38118

    New Construction Alert! Three bedrooms, two baths, and not a single ghost—because this beauty is brand Shankin new!!! Centrally located in beautiful 38118.. This home is so fresh, even the walls still smell like optimism. Modern finishes, spacious rooms to name a few. Come tour before someone else falls in love it. Schedule to see it today!!

    Agent Photo

    Vivian Denogean

    Fast Track Realty, LLC

    (901) 445-7919

    3118 Arrendale St, Memphis, TN 38118
  • /27

    $232,800 Open Sat 12PM - 3PM

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft

    3199 Dothan St, Memphis, TN 38118

    Welcome to this absolutely beautiful fully renovated home located in a gorgeous east Memphis community. This beauty boasts a newly installed architectural style shingle roof, a new exterior paint makeover, a professionally landscaped yard, new exterior lighting, an exterior shed, and new added gate. Then behold a stunning double door entry accompanied with luxury vinyl plank flooring throughout

    Dewayne Valentine C21 Patterson & Assoc. Real Es

    3199 Dothan St, Memphis, TN 38118
  • /18

    $119,900

    • 3 Beds
    • 2.5 Baths
    • 1,800+ Sq Ft

    3414 Cristil St Unit 34, Memphis, TN 38118

    Spacious 3-bedroom, 2.5 -bath condo with fresh updates! Featuring new flooring, updated paint, back patio and a two-car garage, this move-in ready home offers comfort and convenience. Plus enjoy the bonus of No HOA fees-a rare find in condo living. Don't miss this opportunity.

    Lizette Salameh BHHS McLemore & Co., Realty

    3414 Cristil St Unit 34, Memphis, TN 38118
  • /27

    $179,900

    • 3 Beds
    • 1.5 Baths
    • 1,600+ Sq Ft

    2863 Randy Cove, Memphis, TN 38118

    Totally renovated and move in ready! 3 bedroom and 2 bath. This beautifully updated home features a brand new roof, fresh interior and exterior paint, and all new flooring throughout. New HVAC System, Electrical and plumbing updated. Kitchen shines with updated cabinets. Enjoy expanded living space with an enclosed sunroom, perfect for entertaining and relaxing. A must see for buyers looking for

    Realis Sanders Keller Williams

    2863 Randy Cove, Memphis, TN 38118
  • /15

    $139,950

    • 3 Beds
    • 2.5 Baths
    • 1,800+ Sq Ft

    5281 Scottsdale Ave Unit 6, Memphis, TN 38118

    Move in Ready or Rent ready. 3 bedrooms, 2.5 baths. Open concept.

    Greg Renfrow NextHome Cornerstone Realty

    5281 Scottsdale Ave Unit 6, Memphis, TN 38118
  • /19

    $165,000

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft

    6167 Afternoon Ln, Memphis, TN 38141

    Charming 3-Bedroom Home in a Quiet Memphis Neighborhood Welcome to this spacious 3 bedroom, 2 bathroom home that blends comfort and character in a peaceful residential setting. Step inside to find a large living room with soaring vaulted ceilings, a cozy stone fireplace, and a convenient wet bar—perfect for entertaining or relaxing evenings at home. This home features solid-surface flooring

    Marija Tomic ResiAmerica, Inc.

    6167 Afternoon Ln, Memphis, TN 38141
  • /12

    $115,000

    • 3 Beds
    • 2.5 Baths
    • 1,600+ Sq Ft

    3629 Chesterwood Dr Unit 77, Memphis, TN 38118

    Fantastic spacious 3 Bedroom 2 1/2 Bath Townhome w/covered parking. Fully renovated!!! Fenced patio enclosed with new fence., security doors. Home is tenant occupied, and on month-to-month lease. This home is great for first time home buyers.

    Janice Mathis eXp Realty, LLC

    3629 Chesterwood Dr Unit 77, Memphis, TN 38118
  • /13

    $159,900

    • 3 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft

    3408 Clearbrook St, Memphis, TN 38118

    Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

    Mark Hart Reedy & Company, REALTORS

    3408 Clearbrook St, Memphis, TN 38118
  • /23

    $155,000

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft

    2937 Brandale St, Memphis, TN 38118

    This 3-bedroom, 2-bath home is a fantastic opportunity for first-time homebuyers or investors. With a functional layout, spacious bedrooms, and solid bones, this property offers great potential to personalize or rent out immediately. The home is vacant and ready for a quick close—perfect for buyers looking to move fast. Whether you're starting out or building your portfolio, this one is a smart

    Tina Sandoval Evernest Too, LLC

    2937 Brandale St, Memphis, TN 38118
  • /28

    $149,900

    • 3 Beds
    • 2 Baths
    • 1,499 Sq Ft

    6164 Afternoon Ln, Memphis, TN 38141

    MOTIVATED SELLER! Welcome to 6164 Afternoon Ln, a fantastic investment opportunity or forever home nestled in a peaceful Memphis neighborhood. This 3-bedroom, 2-bathroom single-family ranch home spans 1,499 square feet and sits on a spacious 0.22-acre lot. Bursting with potential, the property offers a solid foundation and is a blank canvas ready for your dream cosmetic renovation. Whether you're

    Conner Parks The Homestead Group

    6164 Afternoon Ln, Memphis, TN 38141
  • /13

    $159,900

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

    6038 Rosewind Cir W, Memphis, TN 38141

    Great solid house that needs some updating.

    Joe King Marathon REALTORS, LLC

    6038 Rosewind Cir W, Memphis, TN 38141
  • /14

    $149,900

    • 3 Beds
    • 1 Bath
    • 1,000+ Sq Ft

    3687 King James Dr, Memphis, TN 38118

    Fantastic home and ready for a new family! Tile and NEW carpet throughout with fresh paint. Neutral colors and a blank pallet ,ready for your own personal touches. Big, fenced backyard, low maintenance!! Easy to show and easy to view! Let's make this your new home today!

    Ryan Woolbright Premier Realty Group, LLC

    3687 King James Dr, Memphis, TN 38118
  • /13

    $159,900

    • 3 Beds
    • 2 Baths
    • 1,200+ Sq Ft

    5128 Jessie Lee Ln, Memphis, TN 38118

    Step into this beautifully maintained and thoughtfully updated 3-bedroom, 2-bathroom home nestled in a peaceful, tree-lined neighborhood. With recent upgrades this home blends classic comfort with modern functionality — perfect for a first-time homebuyer, a small family, or an investor looking for a turnkey rental. Roof replaced (2020) — peace of mind for years to come! Energy-efficient windows

    John Payne BEST Real Estate Company

    5128 Jessie Lee Ln, Memphis, TN 38118
  • /9

    $169,500

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

    4947 Demeter Cove, Memphis, TN 38118

    MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 439.5K Four investment properties available. Seller is seeking bulk offers. Investors only! 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently rented at $895, lease expires 7/30/2026 recent repairs, in good condition, hoa is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for

    Tyler Tapley Crye-Leike, Inc., REALTORS

    4947 Demeter Cove, Memphis, TN 38118
  • /21

    $149,000

    • 4 Beds
    • 3 Baths
    • 2,064 Sq Ft

    5134 Scottsdale Ave, Memphis, TN 38118

    Property is being sold in an "as is" condition, and the condition is unknown and may include defects, possible health or safety hazards, or debris, or be located in a Special Flood Hazard Area. Proof of Funds Required. The seller requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification within 24 hours of the auction. Buyer must obtain a

    JERRY EMERSON KING Williams & Williams Real Estate Auctions

    5134 Scottsdale Ave, Memphis, TN 38118
  • /14

    $120,000

    • 4 Beds
    • 2 Baths
    • 1,200+ Sq Ft

    2961 Allshore St, Memphis, TN 38118

    Nice 4 bedroom 2 bathroom home being offered at a great price in the Parkway Village area (38118 zip code). Home also has a huge detached 2 car garage that could also be used as a workshop. This home is located on a corner lot and it has hardwood floors and a nice floor plan (no stairs). Many homes in this area are being rehabbed and sold for more money. This could be a great primary residence,

    Tyler Tapley Crye-Leike, Inc., REALTORS

    2961 Allshore St, Memphis, TN 38118
  • /15

    $185,000

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft

    3372 Mckenzie St, Memphis, TN 38118

    This stunning 3 bedroom, 2 bathroom home offers the perfect blend of comfort and style with its open floor concept, designed for modern living. The spacious living area flows seamlessly into the kitchen and dining area, creating a bright and airy space ideal for entertaining or family gatherings. Beautiful natural light that enhances every room, with a front porch and a huge backyard. This home

    Anthony Paige C21 Patterson & Assoc. Real Es

    3372 Mckenzie St, Memphis, TN 38118
  • /9

    $120,000

    • 3 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft

    4094 Knight Arnold Rd, Memphis, TN 38118

    Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

    Mark Hart Reedy & Company, REALTORS

    4094 Knight Arnold Rd, Memphis, TN 38118
  • /18

    $234,400

    • 3 Beds
    • 2 Baths
    • 1,200+ Sq Ft

    6696 Autumn Wood Cove, Memphis, TN 38141

    Welcome to your new home, nestled away on a cove lot in a peaceful neighborhood. This property offers a blend of comfort and convenience. With 3 bedrooms and 2 full bath it has a split floorplan and an ample amount of space through out the interior. While on the exterior, you can enjoy a well maintained yard. Priced to sell.

    Mark Logan Harris Realty Services

    6696 Autumn Wood Cove, Memphis, TN 38141
  • /31

    $380,000

    • 4 Beds
    • 2 Baths
    • 2,200+ Sq Ft

    3461 Holman Place, Memphis, TN 38118

    Welcome to this renovated multi-functional 4br 2ba property with flexible layout options to fit your multi usage/business idea. Zoned Commercial. 4br 2b, kitchen, living room, dining room, and laundry closet. Detached brick 30x60 garage/shop w/ two 16ft bay doors. Ample front and back space for parking and equipment storage. Great for a small service business in the back, mechanic repair shop,

    Ana Trujillo Trujillo Realty

    3461 Holman Place, Memphis, TN 38118
  • /23

    $199,000

    • 3 Beds
    • 2 Baths
    • 1,200+ Sq Ft

    5724 Jardin Place, Memphis, TN 38141

    Meticulously Maintained One Level Home With 3 Bedrooms, 2 Baths + Office/Flex Room. 2025 Updates Include New Roof, New Carpet, New Hot Water Heater & New Exterior Siding. The Galley Kitchen Features A Soaring Ceiling, A Dining Space & Garage Entry Door. The Adjacent Living Room Features Vaulted Ceiling, Fireplace & Double Sliding Doors Opening To Backyard Patio. The Spacious Primary

    Sue Deaton C21 Home First, REALTORS

    5724 Jardin Place, Memphis, TN 38141
  • /16

    $179,900

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft

    3373 S Mendenhall Rd, Memphis, TN 38115

    Fantastic home and ready for a new family! NEW ROOF!! Tile and NEW carpet throughout with fresh paint. Neutral colors and a blank pallet, ready for your own personal touches. New roof!! Big, fenced backyard, low maintenance!! Easy to show and easy to view! Let's make this your new home today!

    Ryan Woolbright Premier Realty Group, LLC

    3373 S Mendenhall Rd, Memphis, TN 38115
  • /4

    $35,000

    • Land
    • 0.23 Acre
    • $152,174 per Acre

    3065 Childress Rd, Memphis, TN 38116

    Prime Industrial Lot Near Memphis Airport Location, Location, Location! Strategically positioned just off Airways Blvd, Brooks Rd, Plough Blvd, and adjacent to Memphis International Airport, this 0.36-acre parcel offers high visibility and easy access. It's ideal for developers, contractors, or businesses seeking a central industrial hub. This lot is perfect for commercial display, warehouse, or

    Ken Cannon Crye-Leike of MS, Inc.

    3065 Childress Rd, Memphis, TN 38116
  • /4

    $35,000

    • Land
    • 0.23 Acre
    • $152,174 per Acre

    3061 Childress Rd, Memphis, TN 38116

    Prime Industrial Lot Near Memphis Airport Location, Location, Location! Strategically positioned just off Airways Blvd, Brooks Rd, Plough Blvd, and adjacent to Memphis International Airport, this 0.36-acre parcel offers high visibility and easy access. It's ideal for developers, contractors, or businesses seeking a central industrial hub. This lot is perfect for commercial display, warehouse, or

    Ken Cannon Crye-Leike of MS, Inc.

    3061 Childress Rd, Memphis, TN 38116
  • /6

    $35,000

    • Land
    • 0.23 Acre
    • $152,174 per Acre

    3055 Childress Rd, Memphis, TN 38116

    Prime Industrial Lot Near Memphis Airport Location, Location, Location! Strategically positioned just off Airways Blvd, Brooks Rd, Plough Blvd, andadjacent to Memphis International Airport, this 0.36-acre parcel offers high visibility and easy access. It's ideal for developers, contractors, or businesses seeking acentral industrial hub. This lot is perfect for commercial display, warehouse, or

    Ken Cannon Crye-Leike of MS, Inc.

    3055 Childress Rd, Memphis, TN 38116
  • /8

    $42,000

    • Land
    • 0.36 Acre
    • $116,667 per Acre

    3051 Childress Rd, Memphis, TN 38116

    Prime Industrial Lot Near Memphis Airport Location, Location, Location! Strategically positioned just off Airways Blvd, Brooks Rd, Plough Blvd, and adjacent to Memphis International Airport, this 0.36-acre parcel offers high visibility and easy access. It's ideal for developers, contractors, or businesses seeking a central industrial hub. This lot is perfect for commercial display, warehouse,

    Ken Cannon Crye-Leike of MS, Inc.

    3051 Childress Rd, Memphis, TN 38116
  • /31

    $185,000

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft

    4817 Wooddale Ave, Memphis, TN 38118

    This spacious home features 3 bedrooms—two of which are primary suites—2 full baths, a bright sunroom, and 2-car carports. Enjoy beautiful hardwood floors, a separate living room and a cozy den with a fireplace. Refrigerator to remain.

    Chad Engelke United Real Estate Mid South

    4817 Wooddale Ave, Memphis, TN 38118
  • /9

    $99,900

    • 3 Beds
    • 1 Bath
    • 1,400+ Sq Ft

    4245 Cottonwood Rd, Memphis, TN 38118

    Great Investment Opportunity in 38118! This 3 bed, 1 bath home is priced to sell and ready for your updates. Features include a carport, attached garage in the back, and solid bones—perfect for investors or buyers looking to add value. Don’t miss this opportunity!

    Joshua Moss KAIZEN Realty, LLC

    4245 Cottonwood Rd, Memphis, TN 38118
  • /5

    $132,000

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft

    4022 Cochese Rd, Memphis, TN 38118

    Investors only! Tenant occupied property being marketed to investors. Could be a great addition to your rental portfolio. Please do not disturb or approach the tenant. Professionally managed. Property is currently rented at $1375. No sign in the yard. Seller is also selling 3461 Lichterman which is also tenant occupied (can be bought individually or in bulk). Many homes in this area are being

    Tyler Tapley Crye-Leike, Inc., REALTORS

    4022 Cochese Rd, Memphis, TN 38118
  • /2

    $105,000

    • 3 Beds
    • 1.5 Baths
    • 1,400+ Sq Ft

    4773 Aloha Ave, Memphis, TN 38118

    Investor special looking to add to their portfolio! Home being sold at a 1:1 rent to sales price ratio. Home currently occupied through November and paying $1050! Professionally managed. Please call listing agent for details. Do not disturb tenants. Access upon accepted offer.

    Andrew Akins CB Properties of Memphis, LLC

    4773 Aloha Ave, Memphis, TN 38118
  • /20

    $175,900

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft

    3347 S Perkins Rd, Memphis, TN 38118

    Wonderful 3 bedroom, 2 full bath home that features a family room, dining room large kitchen with new tile floors. NO Carpet in the home. Hard wood floors & tile only. Large covered patio and a huge fenced backyard with a storage shed. A must see!

    Corey Mayhorn BEST Real Estate Company

    3347 S Perkins Rd, Memphis, TN 38118
  • /4

    $35,000

    • Land
    • 0.52 Acre
    • $67,308 per Acre

    0 Millbranch Rd, Memphis, TN 38116

    Prime .52-acre parcel on Millbranch Road in Memphis’ Whitehaven corridor. The level, mostly clear lot offers roughly 22,700 sq ft of buildable space with public utilities at the street and about 80 ft of visible road frontage. Minutes to I-240, Memphis International Airport, and legendary Graceland, this location provides quick access to downtown, major employers, and the Mississippi state line.

    Kenneth Woods eXp Realty, LLC

    0 Millbranch Rd, Memphis, TN 38116
  • /19

    $170,000

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft

    4270 Plum Valley Cove, Memphis, TN 38141

    This charming brick home features classic curb appeal with a welcoming front facade. Inside, the living room offers hardwood floors, a cozy fireplace, and plenty of natural light. The open kitchen is perfect for entertaining. The main-level primary suite boasts an ensuite with dual vanities. A second bedroom and full bath provide comfort for guests. Upstairs, a versatile loft is perfect for an

    Donnie Morrow eXp Realty, LLC

    4270 Plum Valley Cove, Memphis, TN 38141
  • /2

    $135,000

    • 3 Beds
    • 1.5 Baths
    • 1,200+ Sq Ft

    4876 Cottonwood Rd, Memphis, TN 38118

    REDUCED PRICE $ Investor Dream... House in Good Condition just need a little TLC No FHA or VA contracts As-Is Sale owner will not make repairs... Need AC Service and new water heater. Occupied by owner...no lock box, Make offer subject to Inspection Do not approach property without appointment

    ANTHONY WILLOUGHBY Germantown Luxury Homes, LLC

    4876 Cottonwood Rd, Memphis, TN 38118
  • /13

    $114,000

    • 4 Beds
    • 2 Baths
    • 1,600+ Sq Ft

    3116 Domar St, Memphis, TN 38118

    Large 3 bedroom 2 bathroom home with bonus room (could be a small craft room or office) in Parkway Village area. Home has covered parking, large backyard, soaring ceilings, stainless steel appliances, big kitchen, huge floor to ceiling windows, and other nice features. Home needs cosmetic repairs and it won't go FHA. Cash offers only. Several improvements have been done and roof appears to be

    Tyler Tapley Crye-Leike, Inc., REALTORS

    3116 Domar St, Memphis, TN 38118
  • /19

    $117,500

    • 3 Beds
    • 2 Baths
    • 1,000+ Sq Ft

    3405 Windy Hollow Cir, Memphis, TN 38118

    Opportunity is knocking on Windy Hollow Circle! Welcome to this charming one-level, Section 8-approved investment nestled at 3405 Windy Hollow Circle, Memphis, TN?38118. This 3 bedroom, 2 bath gem offers a spacious great room, functional kitchen, and a convenient carport. With a fenced backyard, it’s perfect for privacy and outdoor enjoyment. Currently tenant-occupied (please do not disturb), the

    Melissa Blume Thompson eXp Realty

    3405 Windy Hollow Cir, Memphis, TN 38118

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Why Live in Parkway Village

Parkway Village in southeast Memphis is characterized by its towering oak and hickory trees, providing a picturesque canopy over the quiet residential streets. The neighborhood features predominantly single-family homes, many built in the mid-1900s, with traditional ranch-style designs and brick exteriors. These homes are typically single-story, sitting on modest lots averaging about 9,000 square feet. The area is known for its affordability, attracting both owner-occupiers and investors. Newer constructions, including modern bungalows, are found in the eastern part of the neighborhood. Parkway Village is conveniently located near Interstate 240 and is 15 miles southeast of Downtown Memphis, with Route 36 of the Memphis Area Transit Authority bus providing connections to the city center. The Memphis International Airport is just 5 miles away, making it ideal for frequent travelers. The neighborhood offers several shopping centers, including Village Plaza, which houses Walgreens and Save A Lot. Dining options range from the popular Taco Nganas food truck to Marvin’s Hot Kitchen and Deli. For nightlife, residents can visit the Prohibition Lounge. Green spaces such as McFarland Park and Community Center and Walter K. Singleton Park provide recreational opportunities, including playgrounds, splash pads, and tennis courts. Parkway Village also hosts seasonal events like HauntedWeb at the Trolley Station Shopping Center. The neighborhood is home to the FedEx World Hub, a major local employer. While the Shelby County School District schools in the area have average ratings, the General Choice Transfer process allows students to apply to other public schools.

Frequently Asked Questions

Is Parkway Village a good place to live?
Parkway Village is a good place to live. Parkway Village is considered very car-dependent and somewhat bikeable with minimal transit options. Parkway Village is a suburban neighborhood. Parkway Village has 8 parks for recreational activities. It is sparse in population with 2.0 people per acre and a median age of 32. The average household income is $51,216 which is below the national average. College graduates make up 11.9% of residents. A majority of residents in Parkway Village are renters, with 62.8% of residents renting and 37.2% of residents owning their home. A local real estate agent serving Parkway Village can help you decide if this neighborhood is the right one for you. Learn more on our Parkway Village neighborhood guide.
How much do you need to make to afford a house in Parkway Village?
The median home price in Parkway Village is $149,000. If you put a 20% down payment of $29,800 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $760 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $33K a year to afford the median home price in Parkway Village. The average household income in Parkway Village is $51K.
What are the best public schools in Parkway Village?
The best public schools that serve Parkway Village are:
What are the best private schools in Parkway Village?
The best private schools that serve Parkway Village are:
  • Hutchison School has an A+ Niche grade, a student teacher ratio of 8:1 and an average review score of 4.7.
  • Westminster Academy has an A Niche grade, a student teacher ratio of 7:1 and an average review score of 4.1.
  • Woodland Presbyterian School has a B+ Niche grade, a student teacher ratio of 7:1 and an average review score of 4.7.
What are the most popular zip codes in Parkway Village, Memphis, TN?
The most popular zip codes in Parkway Village, Memphis, TN include 38118, 38115, 38141, 38117 and 38111.
What are the most popular neighborhoods near Parkway Village, Memphis, TN?
The most popular neighborhoods near Parkway Village, Memphis, TN are Oakhaven, Hickory Hill, Fox Meadows, Colonial Acres and Audubon Park.

Home Trends in Parkway Village, TN

Housing Trends

Median Sale Price
$139,500
Median Single Family Sale Price
$145,000
Median 2 Bedroom Sale Price
$39,999
Average Price Per Sq Ft
$99
Number of Homes for Sale
74
Last 12 months Home Sales
227
Months of Supply
3.90
Median List Price
$149,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
3%
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