Memphis, TN Townhomes for Sale

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  /17

  $129,999

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

  1726 Fox Hunt Ln Unit 21, Memphis, TN 38134

  This move-in ready condo features 3 bedrooms and 2.5 bathrooms. The AC unit and water heater were recently replaced, and there's new hardwood flooring and paint in all bedrooms. Items to remain with home includes Refrigerator and Washer & Dryer. Don't miss this fully equipped home. Schedule your showing today!

  

  Steve Luong

  eXp Realty, LLC

  (901) 675-7957

  1726 Fox Hunt Ln Unit 21, Memphis, TN 38134
• 

  Explore Memphis

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  /10

  $95,000

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

  5101 Wyndance Dr, Memphis, TN 38135

  Looking for a townhouse close to shopping? Look no further! This 3 bedroom / 2 bath is perfect for a first time home buyer or investor looking to improve their portfolio. Schedule your showing today!

  

  Christopher Lucas

  Regency Realty, LLC

  (901) 472-7038

  5101 Wyndance Dr, Memphis, TN 38135
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  /24

  $220,000

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

  4764 Eagle Crest Dr Unit 4002, Memphis, TN 38117

  "Welcome to your move-in ready, quiet two bedroom condo in a gated community! Nestled in a private area of the complex, this home offers a spacious den, separate dining room, airy kitchen, and updated baths. The generously-sized primary bedroom features two closets and a private balcony with a serene wooded view. Enjoy the low maintenance fees, community swimming pool, clubhouse, tennis court,

  

  Lakesha Lilly Leatherwood

  The Home Partners Realty

  (901) 499-3229

  4764 Eagle Crest Dr Unit 4002, Memphis, TN 38117
• 

  

  

  /18

  $60,000

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

  3554 Morning Dew Ct Unit 11, Memphis, TN 38118

  Welcome to 3554 Morning Dew Ct, Memphis, TN 38118! Located in the peaceful Parkway Village neighborhood, this charming single-family home offers a delightful blend of comfort and convenience. Enjoy easy access to major roads such as Perkins Rd and Winchester Rd, placing you just minutes away from an array of shopping, dining, and entertainment options. While this home is a fixer-upper, it already

  

  William Maben

  Epique Realty

  (901) 657-5941

  3554 Morning Dew Ct Unit 11, Memphis, TN 38118
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  /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

  

  Camille Holmes

  Ready Team REALTORS

  (901) 673-9224

  3811 S Mendenhall Rd Unit A6, Memphis, TN 38115
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  /24

  $179,000

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

  1217 Brady Hollow Ln, Cordova, TN 38016

  Adorable and ready for a new family to call home! Updated 2br/2bath patio home. New flooring, paint, granite counters, back splash, painted cabinets & lighting. Open with split bedroom floor plan. Sizable great room with cozy gas fire place. Home comes with brand new SS refrigerator and gently used Bosch washer and dryer. Fenced in private backyard with lockable storage room & large back deck

  Julie Cook REMAX Experts

  1217 Brady Hollow Ln, Cordova, TN 38016
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  /38

  $290,000

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

  674 St Augustine Dr Unit D, Memphis, TN 38104

  Beautiful updated home with 3 bedrooms, 2.5 baths. Updated kitchen with stainless steel appliances. Washer/Dryer closet. Primary bedroom with walk-in closet and built-ins. Updated baths, New Luxury vinyl flooring downstairs. New Trane HVAC with transferable warranty with 9 years left on it! Great patio for entertaining and dog walking for residents. This pearl is in move-in condition and ready

  Connie Lester Crye-Leike, Inc., REALTORS

  674 St Augustine Dr Unit D, Memphis, TN 38104
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  /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
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  /40

  $199,000

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

  2284 Edgewood Cove, Memphis, TN 38104

  Welcome to 2284 Edgewood Cove – a charming 2 bed, 2.5 bath townhouse in the heart of Midtown! This well-maintained home offers a spacious layout with a separate dining room and a bright living room that opens onto a private patio—perfect for relaxing or entertaining. The kitchen is efficiently designed, and a convenient laundry closet adds to everyday ease. Upstairs, both bedrooms feature

  Alex Turner Hobson, REALTORS

  2284 Edgewood Cove, Memphis, TN 38104
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  /21

  $148,900

  • 2 Beds
  • 1.5 Baths
  • 800+ Sq Ft

  1238 Bristol Dr Unit 1238, Memphis, TN 38119

  This is the one you've been looking for! Located in the heart of East Memphis and within walking distance to dining and shopping, this 2 bedroom & 1 1/2 bath two story townhome is just waiting for you to see it. Secure behind a gated entry, this Chatham Village beauty sits in a quiet courtyard and has the most charming patio just waiting for your morning coffee and/or afternoon beverages. With

  Jenny Vergos Marx-Bensdorf, REALTORS

  1238 Bristol Dr Unit 1238, Memphis, TN 38119
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  /39

  $250,000

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

  697 S Belvedere Blvd Unit B, Memphis, TN 38104

  Beautiful Condo in heart of Central Gardens. High demand home includes nice hardwood floors, granite in kitchen, stainless steel appliances, washer & dryer. Large, shaded patio space to enjoy. Rooms are good sized. Gated with security. Play area for pets. Perfect location. FHA and Fannie Mae approved. Well priced and easy to show. SEE 3D VIRTUAL TOUR FOR MORE INFO!

  Michael Frizzell Grind City Realty

  697 S Belvedere Blvd Unit B, Memphis, TN 38104
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  /33

  $269,000

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

  1619 Monroe Ave Unit 1, Memphis, TN 38104

  The Kennedy! Contemporary design, 2 story condos. Gated Community in the heart of midtown. This 2 Br, 2.5 bath offers open concept floor plan, with 9 ft ceilings. Gorgeous hardwood floors throughout. Kitchen is spacious with quartz countertops, ample cabinet space, kitchen island. SS appliances, soft touch cabinets, breakfast bar is perfect for entertaining. Laundry room, and pantry in downstairs

  Jennifer Boyd Heritage Homes Co.

  1619 Monroe Ave Unit 1, Memphis, TN 38104
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  /30

  $275,000

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

  700 St Augustine, Memphis, TN 38104

  Well maintained condo nestled in the heart of historic Central Gardens neighborhood. Step into your own private, fenced courtyard landscaped with perennial plantings—perfect for morning coffee or evening entertaining. Inside, the inviting hearth area boasts a wood-burning fireplace and brand-new French doors with built-in mini blinds that seamlessly connect indoor comfort with the outdoors. The

  Sasha Scott Sowell, Realtors

  700 St Augustine, Memphis, TN 38104
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  /14

  $184,900

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

  8349 Honey Dew Cove, Cordova, TN 38016

  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

  8349 Honey Dew Cove, Cordova, TN 38016
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  /22

  $170,000

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

  5845 Park Ave Unit 5845, Memphis, TN 38119

  Own a corner unit at Chatham Village! Gated condo with a neighborhood pool. This 2 bed/ 1.5 bath unit was recently renovated. Quartz countertops new cabinets, under cabinet lighting, and recessed lighting. Private patio for sitting outside and relaxing or gardening. Large bedrooms, washer and dryer in a laundry closet upstairs.

  Amanda Kirkman KAIZEN Realty, LLC

  5845 Park Ave Unit 5845, Memphis, TN 38119
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  /6

  $139,874

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

  4195 Cedartree Dr, Memphis, TN 38141

  What a great start to Homeownership or to build your portfolio!!! This beautifully renovated 2 bedroom 2 FULL bath town home (END UNIT) QUALIFIES for 100% financing & City of Memphis DPA programs. Close to shopping, restaurants & entertainment in both Memphis & Desoto County...this would make the PERFECT home or investment! Downstairs features a family room with a cozy fireplace, dining or

  Tijuana Wallace Keller Williams

  4195 Cedartree Dr, Memphis, TN 38141
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  /26

  $159,000

  • 2 Beds
  • 1.5 Baths
  • 800+ Sq Ft

  5861 Park Ave, Memphis, TN 38119

  Welcome to this beautifully updated two-story condo in a well-kept, gated neighborhood centrally located in the heart of East Memphis. Inside, you'll find fresh renovations, newer windows, and a bright, open layout that feels like home the moment you walk in. Step outside to a private back patio—perfect for relaxing or entertaining. The neighborhood pool is directly across from the unit, making

  Pam Beall Crye-Leike, Inc., REALTORS

  5861 Park Ave, Memphis, TN 38119
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  /15

  $169,900

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

  5841 Park Ave Unit 2, Memphis, TN 38119

  Completely renovated and move-in ready, this stunning two-story condo in a gated East Memphis community combines modern updates with timeless charm. Step inside to a bright, open living area with brand-new flooring and contemporary finishes throughout. The updated kitchen is a showstopper—featuring all-new cabinetry, sleek countertops, and modern fixtures, perfect for the home chef or

  Michael Bryan Bryan Realty Group

  5841 Park Ave Unit 2, Memphis, TN 38119
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  /17

  $180,000

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

  4779 Towering Oaks Dr Unit 704, Memphis, TN 38117

  Largest floor plan in complex overlooking pool and tennis courts. REDUCTION READY TO MOVE IN

  Karen Braden-Little Crye-Leike, Inc., REALTORS

  4779 Towering Oaks Dr Unit 704, Memphis, TN 38117
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  /20

  $149,900

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

  5718 Quince Rd Unit 4, Memphis, TN 38119

  Well maintained 2br/1.5ba townhome offers approx 1100 sqft. of living space in the desirable Yorkshire Gardens community. The main level features wood flooring, while the kitchen is finished w tile and both bedrooms up are carpeted. The home included a refrigerator, stove and in unit washer/dryer-all in good working condition and included. A fully fenced private patio provides a great space for

  Kim Rasche KAIZEN Realty, LLC

  5718 Quince Rd Unit 4, Memphis, TN 38119
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  /21

  $148,000

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

  5995 Lofty Oak Rd, Memphis, TN 38115

  GREAT INVESTMENT OPPORTUNITY! INVESTORS ONLY, DO NOT DISTURB TENANT. SFH Rented for $1,425/month, professionally managed. Lease expires 7/31/2025. Tenant moved in 7/31/2024. Completely renovated in May 2024 including brand new AC condenser, brand new furnace & A-coil. Spacious kitchen with brand new counter tops, large master bedroom, refurbished bathrooms with tile surround shower, attached

  Jeremy Veldman KAIZEN Realty, LLC

  5995 Lofty Oak Rd, Memphis, TN 38115
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  /2

  $145,500

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

  6893 Snyder Rd, Memphis, TN 38141

  This beautiful brick home has a fresh open floor plan with a relaxing primary suite. Their are 3 bedrooms, 2 baths, walk in closets, and a luxurious bathroom in the primary suite. The spacious great room has a masonry fireplace for ambiance and the lawn and exterior is low maintenance. Tastefully renovated, this one is a must see.

  Sherry Cole John Green & Co., REALTORS

  6893 Snyder Rd, Memphis, TN 38141
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  /28

  $439,000

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

  725 Eventide Dr Unit 34, Memphis, TN 38120

  Step inside to your very own private hideaway-like neighborhood in the most convenient location! Welcome to Eventide at RiverOaks in East Memphis just minutes from great shopping and restaurants and I-240 for ideal convenience to everything. This 3 bed / 2.5 bath offers an updated and modern kitchen with gorgeous fixtures, custom tile backsplash, stone tops and high end appliances including

  Shannan McWaters The Firm

  725 Eventide Dr Unit 34, Memphis, TN 38120
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  /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
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  /13

  $72,000

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

  2109 Wooden Heart Ct Unit 35, Memphis, TN 38116

  Looking for a move-in ready home that won’t break the bank? This beautifully rebuilt 2-bedroom, 1.5-bathroom condo is a hidden gem you don’t want to miss! ? Features: Completely renovated from top to bottom — everything inside is brand new! Two spacious bedrooms located upstairs for added privacy Modern kitchen with updated appliances and sleek finishes Bright and open living area perfect for

  Candace Franklin REMAX Experts

  2109 Wooden Heart Ct Unit 35, Memphis, TN 38116
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  /37

  $525,000

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

  932 Harbor View Dr, Memphis, TN 38103

  Wonderful Townhome in Harbor Town Proper — Just Steps from the Mississippi River! This beautiful corner-lot townhome offers both charm and convenience in one of Memphis’s most desirable communities. Inside, you’ll find hardwood floors, granite countertops and soaring 9-ft ceilings that create an open, inviting feel. Enjoy a cozy den complete with a wood-burning fireplace framed by built-in

  Tracie Benetz Emmett Baird Realty, LLC

  932 Harbor View Dr, Memphis, TN 38103
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  /30

  $80,000

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

  6208 Summer Hills Cir, Memphis, TN 38134

  Spacious, smart multi-level condo with a layout that's great for privacy and functionality. It provides flexibility for living, entertaining, or working remote. Large windows allow for natural light. Included are two convenient covered parking spaces with direct entry. Perfect for investment/tenant or first-time homeowner! Generous size bedrooms, 2 full baths, and private fenced patio. Come and

  Clarenda Hurd Keller Williams

  6208 Summer Hills Cir, Memphis, TN 38134
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  /11

  $99,900

  • 2 Beds
  • 1.5 Baths
  • 1,191 Sq Ft

  1809 Grovehaven Cir Unit 8, Memphis, TN 38116

  PLEASE DO NOT DISTURB TENANT. Long term tenant pays $1100/month under lease until Jan 2026. Home is very well kept, with both roof and hot water tank recently replaced. No major issues whatsoever. Property is an attached unit, on a street with both single family and other attached units. NO HOA. Please make your offer contingent upon inspection. Call listing agent for more information.

  Frank Malvezzi CB Properties of Memphis, LLC

  1809 Grovehaven Cir Unit 8, Memphis, TN 38116
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  /26

  $63,500

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

  4731 Wild Plum Ct Unit 113, Memphis, TN 38118

  MOVE-IN READY!! This cute 2 level condo is perfect as an investment property OR for a homeowner who doesn't need/want a lot of space or yard to maintain. This freshly painted unit has 2 bedrooms, both upstairs, 1 full bath upstairs, 1/2 bath downstairs. NO carpet, as flooring is laminant wood and tile. The eat-in kitchen has stove, refrigerator and dishwasher. The laundry area has washer/dryer

  Lisa Todd KAIZEN Realty, LLC

  4731 Wild Plum Ct Unit 113, Memphis, TN 38118
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  /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
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  /8

  $85,000

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

  5432 Gatehouse Dr Unit PD, Memphis, TN 38134

  Calling all investors, flippers and visionaries! This 2-bedroom, 2-bathroom condo is bursting with potential and ready for a transformation. The condo is tucked away in a quiet neighborhood close to shopping and amenities with lots of potential. The property needs repairs and updates throughout - Sold AS IS. Cash and creative financing welcome. Bring your vision and make it shine.

  Rachelle Maier Crye-Leike, Inc., REALTORS

  5432 Gatehouse Dr Unit PD, Memphis, TN 38134
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  /29

  $79,900

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

  4148 Meadow Heath Ln, Memphis, TN 38115

  Great rehab opportunity, 3 beds 2 full baths, mostly brick some siding, Zero lot . As is where it is sale, Property has Fire Damage full rehab needed.

  Ralph Harvey List With Freedom.Com, Inc.

  4148 Meadow Heath Ln, Memphis, TN 38115
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  /25

  $226,000

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

  218 S Walnut Bend Rd, Cordova, TN 38018

  Spacious attached townhome with no HOA! 3 beds/ 2 baths with primary down. Ample side patio and backyard space perfect for gardening. Large bedrooms upstairs with updated baths! Vaulted ceilings make this home feel even larger and more grand. Color drenched rooms make this home trendy and relevant. New windows, appliance to stay!

  Amanda Kirkman KAIZEN Realty, LLC

  218 S Walnut Bend Rd, Cordova, TN 38018
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  /23

  $229,900

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

  2275 Edgewood Cove, Memphis, TN 38104

  Located in the lovely and convenient Lennox neighborhood at Union and East Parkway, this striking, end-unit brick townhome in a boutique 12-unit community has been tastefully renovated. This turnkey property offers stylish living including a NEW kitchen featuring extensive cabinetry, quartz countertops and new SS appliances. 2 ensuite baths have been updated including a double vanity in the

  Steve Solomon Sowell, Realtors

  2275 Edgewood Cove, Memphis, TN 38104
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  /38

  $124,900

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

  2795 E Hickory Bluff, Memphis, TN 38128

  Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2795 E Hickory Bluff, Memphis, TN 38128
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  /30

  $390,000

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

  614 Tennessee St Unit 204, Memphis, TN 38103

  Gorgeous, Move-In Ready 3BR/2.5BA Townhome~Spacious Great Room w/Tall Ceilings, Gas Fireplace, Built-Ins & Tons of Natural Light~Stunning Open Kitchen w/Granite Countertops, Ample Cabinet Space & Large Breakfast Bar Island~Convenient Half Bath on Main Level~Upstairs Features a Huge Primary Bedroom Suite w/En-Suite Bath Including Double Vanities, Soaking Tub & Separate Shower~Smart Split Floor

  Jennifer Carstensen Real Estate Agency

  614 Tennessee St Unit 204, Memphis, TN 38103
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  /40

  $519,000

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

  718 Eventide Dr Unit 29, Memphis, TN 38120

  No detail was spared in this fully remodeled, corner-unit townhome in the coveted Eventide at River Oaks, boasting 4BR/2.5BA across 2,763 sq ft (per Assessor) and a rare 3-car garage. Step inside to a clean, contemporary aesthetic with new oak floors throughout, recessed lighting added to every room & hallway and a reimagined wood-burning fireplace with lighted niches. The open kitchen features

  Kenneth Koleyni Renshaw Company, REALTORS

  718 Eventide Dr Unit 29, Memphis, TN 38120
• 

  

  /10

  $89,900

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

  3989 Grahamdale Cir Unit 3989A, Memphis, TN 38122

  Tenant Occupied. Please do not disturb tenants. 3 bed 2 bath. Renting for $1000 to a stable long term tenant. New AC unit Pic are from a previous listing. Seller prefers to sell as a package deal with 3967B & 3981B Large Community Pool. No subject-to No Wholesalers

  Raychel Day C21 Patterson & Assoc. Real Es

  3989 Grahamdale Cir Unit 3989A, Memphis, TN 38122
• 

  

  /19

  $79,900

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

  3981 Grahamdale Cir Unit 3981B, Memphis, TN 38122

  Tenant Occupied! 2/2 renting for $1100/mo lease ends June 30th 2026. Seller prefers to sell as a package deal with 3989A & 3967B. All units recently renovated and rented. Laminate wood floors, Recently Painted Exterior and Interior. Patio and a Large Community Pool! No subject to or wholesalers

  Raychel Day C21 Patterson & Assoc. Real Es

  3981 Grahamdale Cir Unit 3981B, Memphis, TN 38122
• 

  

  /30

  $255,000

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

  6940 Amberly Rd, Memphis, TN 38119

  Welcome to Germantown Village! This beautifully maintained, 2 primary bedrooms, 2.5 bath townhome offers the perfect blend of comfort and style in one of the area’s most sought-after communities. Featuring new carpet! Stunning hardwood and slate floors, this home boasts a renovated kitchen with granite countertops, pantry, and ample cabinetry. Enjoy elegant entertaining in the formal dining

  Tracie Benetz Emmett Baird Realty, LLC

  6940 Amberly Rd, Memphis, TN 38119

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Why Live in Memphis

Memphis stands as the birthplace of Blues, Soul, and Rock 'n' Roll, with legendary music landmarks like Sun Studio, where Elvis Presley and Johnny Cash recorded their earliest hits. The city's rich cultural heritage comes alive through attractions like Graceland, Elvis's iconic mansion, and the National Civil Rights Museum at the Lorraine Motel. Beale Street pulses with live music venues, while outdoor spaces like the 4,500-acre Shelby Farms Park and the Mississippi River waterfront at Tom Lee Park provide natural escapes. The culinary scene features standout restaurants such as Central BBQ, known for hickory-smoked ribs, and Gus's Fried Chicken, a regional icon serving Southern spicy fried chicken.

The Memphis housing market presents diverse options across distinct neighborhoods. Single-family homes in Midtown Memphis have a median price of $310,000, while similar properties in Cooper-Young reach $311,000. Downtown Memphis single-family homes show a median price of $265,000. The median price for townhomes throughout Memphis is $399,000, while one-bedroom condos typically sell for a median price of $161,000.

Memphis maintains a cost of living 10.3% below the national average. A family with school-age children needs approximately $95,000 annually to live comfortably, while single renters require about $55,000. The property tax rate in Shelby County sits at 1.03%, with no state income tax and a combined sales tax rate of 9.56%. Monthly grocery costs average $1,600 for families and $700 for singles. The city's educational landscape includes highly rated institutions like White Station High School serving multiple neighborhoods and private schools such as Hutchison School and Memphis University School. The University of Memphis and Rhodes College add to the academic environment.

Learn more about living in Memphis

Home Trends in Memphis, TN

On average, homes in Memphis, TN sell after 55 days on the market compared to the national average of 52 days. The median sale price for homes in Memphis, TN over the last 12 months is $198,000, up 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$198,000

Median Single Family Sale Price

$200,000

Median Townhouse Sale Price

$410,000

Median 2 Bedroom Sale Price

$155,900

Median 1 Bedroom Sale Price

$155,000

Average Price Per Sq Ft

$135

Number of Homes for Sale

2,330

Last 12 months Home Sales

5,783

Months of Supply

4.80

Median List Price

$214,900

Median Change From 1st List Price

4%

Median Home Sale Price YoY Change

4%