$37,500
- 3 Beds
- 2 Baths
- 1,000+ Sq Ft
4889 Chumbler Dr, Memphis, TN 38128
Ashlyn Clark Keller Williams
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4889 Chumbler Dr, Memphis, TN 38128
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5257 Weaver Rd, Memphis, TN 38109
5257 Weaver Rd, Memphis, TN 38109Tjuania Redmond Lawrence Johnson, REALTORS
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4457 Benjestown Rd, Memphis, TN 38127
4457 Benjestown Rd, Memphis, TN 38127Laurie Scott John Green & Co., REALTORS
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4062 Hinge Gate Ln, Memphis, TN 38128
4062 Hinge Gate Ln, Memphis, TN 38128Ashlyn Clark Keller Williams
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$155,226 New Construction
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4050 Hinge Gate Ln, Memphis, TN 38128
4050 Hinge Gate Ln, Memphis, TN 38128Ashlyn Clark Keller Williams
Why Live in South Memphis
South Memphis, often referred to as Soulsville, is a neighborhood with a rich history rooted in soul music, highlighted by the Stax Museum, which stands as a symbol of the community's cultural heritage. The area is undergoing significant changes, with newly constructed apartments and housing communities replacing older public housing projects. Many homes in South Memphis are ranch-style properties from the 1950s and 1960s, with some being sold to investors and others to owner-occupants. The neighborhood is served by Memphis-Shelby County Schools, with Soulsville Charter School being a standout option due to its high graduation rate. Local attractions include Martin Luther King Jr. Riverside Park, which offers playgrounds, walking trails, and a lake, and the Carlisle S. Page Arboretum, home to about 1,500 trees. The Green Leaf Learning Farm provides after-school programs focused on gardening and culinary arts. Dining options are plentiful, with The Four Way being a notable soul food restaurant with historical significance. Southgate Shopping Center caters to shopping needs, and the neighborhood's proximity to downtown Memphis, just 3 miles away, ensures quick access to top attractions and major employers. Community organizations like the Soulsville Foundation and The Knowledge Quest are actively working to uplift the area.
Home Trends in South Memphis, TN
On average, homes in South Memphis, Memphis sell after 90 days on the market compared to the national average of 70 days. The median sale price for homes in South Memphis, Memphis over the last 12 months is $280,000, down 28% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$280,000
Median Single Family Sale Price
$422,500
Median Townhouse Sale Price
$349,950
Median 2 Bedroom Sale Price
$180,000
Median 1 Bedroom Sale Price
$325,000
Average Price Per Sq Ft
$238
Number of Homes for Sale
11
Last 12 months Home Sales
69
Months of Supply
1.90
Median List Price
$335,700
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-28%
South Memphis Types of Homes for Sale
South Memphis Real Estate Listings
More About Living in South Memphis
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