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South Memphis New Construction Homes for Sale

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    $174,900 New Construction

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

    770 Cherokee Ave, Memphis, TN 38106

    Beautiful new construction in a very nice and quiet block of South Memphis. The home features three bedrooms and two full bathrooms, a primary bedroom, a spacious laundry room, a large open-concept living room, dining room, and a kitchen with soft-close shaker cabinets, quartz countertops, a large island, and a separate pantry. This home is brand new and is already rented for $1,547 per month,

    Jonathan Minerick homecoin.com

    770 Cherokee Ave, Memphis, TN 38106
  • /19

    $189,900 New Construction

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

    1982 Wynton St, Memphis, TN 38106

    Beautiful brand new home! Hard to find 4 bedrooms on one floor! Quality built with above average features including: solid wood, soft close cabinets; quartz countertops; ceramic tile kitchen backsplash; ceramic tile around bath tubs; satin nickel fixtures; ceiling fans; 2 inch vinyl blinds; flood lights; recessed lights; pendant lights and mini chandelier! Maintenance free floors! Fenced yard!

    Jimmie Tapley Crye-Leike, Inc., REALTORS

    1982 Wynton St, Memphis, TN 38106
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    $230,000 New Construction

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

    1061 Shaw Place, Memphis, TN 38126

    12 beautifully crafted 3 & 4 bedroom, 2 bathroom homes, all priced under $241,000. Qualified buyers may receive up to $24,000 in assistance with approved lenders and programs. Great opportunity for buyers seeking affordability with support. Located directly across from LeMoyne-Owen College and just minutes from the Stax Museum and The Soulsville Charter School, this community blends affordable

    Charlene Bailey Exit Realty Blues City

    1061 Shaw Place, Memphis, TN 38126
  • /4

    $179,000 New Construction

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

    484 Lucy Ave, Memphis, TN 38106

    *Amazingly Affordable New Construction 3 Beds and 2 Baths Discover this rare opportunity to own a brand new home in the heart of the 38106 zip code! This charming home offers 3 bedrooms and 2 full baths, perfect for modern living. Enjoy an open-concept floor plan featuring a spacious living area that flows seamlessly into the kitchen, which boasts a large island with seating, stainless steel

    Tina Smith PottersHouse Realty, LLC

    484 Lucy Ave, Memphis, TN 38106
  • /2

    $230,000 New Construction

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

    1069 Shaw Place, Memphis, TN 38126

    12 beautifully crafted 3 & 4 bedroom, 2 bathroom homes, all priced under $250,000. Qualified buyers may receive up to $50,000 in assistance with approved lenders and programs. Great opportunity for buyers seeking affordability with support. Located directly across from LeMoyne-Owen College and just minutes from the Stax Museum and The Soulsville Charter School, this community blends affordable

    Charlene Bailey Exit Realty Blues City

    1069 Shaw Place, Memphis, TN 38126
  • /2

    $220,000 New Construction

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

    1067 Shaw Place, Memphis, TN 38126

    Welcome to Shaw Place Development—a new residential community in South Memphis . Located directly across from LeMoyne-Owen College and just minutes from the Stax Museum and The Soulsville Charter School, this community blends affordable luxury with modern elegance. There is still time to select your lot and customize your finishes. Whether you're a first-time homebuyer or looking to downsize

    Charlene Bailey Exit Realty Blues City

    1067 Shaw Place, Memphis, TN 38126
  • /2

    $220,000 New Construction

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

    1055 Shaw Place, Memphis, TN 38126

    Qualified buyers may receive up to $25,000 in assistance with approved lenders and programs. Great opportunity for buyers seeking affordability with support. These homes feature 10 ft ceilings throughout, 1400–1600 sq ft of well-designed living space, durable tile flooring, stainless steel appliances, kitchen islands with pendant lighting, energy-efficient windows and doors, and concrete

    Charlene Bailey Exit Realty Blues City

    1055 Shaw Place, Memphis, TN 38126

Home Trends in South Memphis, TN

Housing Trends

Median Sale Price
$57,500
Median Single Family Sale Price
$68,125
Median Townhouse Sale Price
$197,000
Median 2 Bedroom Sale Price
$65,000
Average Price Per Sq Ft
$65
Number of Homes for Sale
92
Last 12 months Home Sales
121
Months of Supply
9.10
Median List Price
$80,000
Median Change From 1st List Price
13%
Median Home Sale Price YoY Change
15%
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