Downtown Medical Center Real-Estate Market Overview


  • Crime
  • Schools
  • Commute
  • Amenities
  • Affordability
  • Demographics
  • Hazards

Average Listing Price

  • $298,744
  • for week ending Jan 27
  • -$10,774
  • -3.5%
  • w-o-w

Median Sales Price

  • $218,000
  • Oct '15 - Jan '16
  • $5,450
  • -2.4%
  • y-o-y

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Most popular neighborhoods Avg. listing Price
Week ending Jan 27
w-o-w
Midtown $246,155 -4.5%
Frayser - Raleigh PD $46,882 -0.8%
Jackson - University Area PD $137,238 -0.7%
Depot Planning District $56,502 -3.5%
Downtown Medical Center $298,744 -3.5%
Movers & Shakers Avg. listing price
Week ending Jan 27
w-o-w
North Memphis $43,020 -7.1%
Midtown $246,155 -4.5%
Quince - Oakhaven-Parkway PD $40,745 -4.4%
Depot Planning District $56,502 -3.5%
Downtown Medical Center $298,744 -3.5%
View Memphis Home Prices Map

Summary for Downtown Medical Center


The median sales price for homes in Downtown Medical Center, Memphis for Oct 15 to Jan 16 was $218,000 based on 39 sales. Compared to the same period one year ago, the median sales price decreased 2.4%, or $5,450, and the number of sales decreased 7.1%. Average price per square foot for Downtown Medical Center was $147, an increase of 4.3% compared to the same period last year. There are currently 98 resale and new homes in Memphis on Trulia, including 23 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Downtown Medical Center was $298,744 for the week ending Jan 27, which represents a decrease of 3.5%, or $10,774, compared to the prior week.


District Type Grades Schools Students
Shelby County Public PK - 12 51 46,016
Memphis Public PK - 12 217 117,395
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Homes for Sale in Downtown Medical Center
View all Downtown Medical Center Homes for Sale