$45,000
- 2 Beds
- 1 Bath
- 800+ Sq Ft
1554 Pillow St, Memphis, TN 38106
Chinna Prude-Anderson C21 Patterson & Assoc. Real Es
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4889 Chumbler Dr, Memphis, TN 38128
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Why Live in River Oaks
River Oaks in Memphis is a suburban neighborhood featuring a mix of Traditional, contemporary, ranch-style, and Colonial Revival homes, with some properties showcasing custom designs and unique accents like stone and copper. The area includes both million-dollar estates with backyard pools and ornate courtyards, as well as smaller homes priced between $350,000 and $500,000. Condos and townhouses range from $100,000 to $400,000. The gated Gardens of River Oaks subdivision employs a guard, while other homes are discreetly secured behind gates and brick walls. Shelby Farms, a 4,500-acre park with over 40 miles of trails, 20 lakes, and ponds, offers numerous things to do, including kayaking on Patriot Lake and playing at the Woodland Discovery Playground. The Wolf River Greenway provides a scenic trail extending to downtown Memphis and Germantown. Poplar Avenue features a variety of shops, local eateries, and major company offices like FedEx and International Paper. Dining options include Sweet LaLa’s Bakery, Central BBQ, BABALU, and the Bog & Barley Irish Pub. River Oaks residents are close to East Memphis’ festivals, such as the Memphis Greek Festival and the Delta Fair & Music Festival. While MATA buses serve the area, most residents drive, with downtown Memphis about 12 miles away. The neighborhood is near Baptist Memorial Hospital and Saint Francis Hospital, and Memphis International Airport is 13 miles away. Schools in the area include highly rated White Station Elementary, Middle, and High Schools, as well as private institutions like Lausanne Collegiate School and Memphis University School.
Home Trends in River Oaks, TN
On average, homes in River Oaks, Memphis sell after 71 days on the market compared to the national average of 52 days. The median sale price for homes in River Oaks, Memphis over the last 12 months is $475,000, down 2% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$475,000
Median Single Family Sale Price
$629,000
Median Townhouse Sale Price
$549,500
Median 2 Bedroom Sale Price
$121,000
Median 1 Bedroom Sale Price
$91,950
Average Price Per Sq Ft
$177
Number of Homes for Sale
50
Last 12 months Home Sales
91
Months of Supply
6.60
Median List Price
$537,900
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-2%
River Oaks Types of Homes for Sale
More About Living in River Oaks
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