Real Estate Data for Memphis

Memphis market trends indicate an increase of $5,750 (5%) in median home sales over the past year. The average price per square foot for this same period rose to $80, up from $76.

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Median Sales Price in Memphis

Median Sales Price
Number of Sales
  • No. Bedrooms
    Apr 21 - Jul 20
    y-o-y
    3 months prior
    1 year prior
    5 years prior
  • 1 Bedroom
    $160,000
    + 88.2%
    $92,000
    $85,000
    $73,000
  • 2 Bedroom
    $107,000
    + 12.6%
    $80,500
    $95,000
    $75,000
  • 3 Bedroom
    $113,950
    + 1.3%
    $97,000
    $112,500
    $78,400
  • 4 Bedroom
    $184,000
    + 5.1%
    $150,000
    $175,000
    $137,000
  • All Properties
    $128,750
    + 4.7%
    $102,500
    $123,000
    $88,000

Median Rent in Memphis

Median Rent
Number of Rentals