Real Estate Data for Memphis

Memphis market trends indicate an increase of $19,000 (16%) in median home sales over the past year. The average price per square foot for this same period rose to $86, up from $76.

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Median Sales Price in Memphis

Median Sales Price
Number of Sales
  • No. Bedrooms
    May 25 - Aug 24
    y-o-y
    3 months prior
    1 year prior
    5 years prior
  • 1 Bedroom
    $90,000
    + 5.9%
    $90,000
    $85,000
    $103,000
  • 2 Bedroom
    $148,950
    + 49.0%
    $83,000
    $100,000
    $74,550
  • 3 Bedroom
    $123,000
    + 9.8%
    $102,500
    $112,000
    $78,500
  • 4 Bedroom
    $200,500
    + 14.6%
    $155,000
    $175,000
    $140,000
  • All Properties
    $141,000
    + 15.6%
    $115,000
    $122,000
    $87,000

Median Rent in Memphis

Median Rent
Number of Rentals