Shelby Forest-Frayser, Memphis Real Estate & Homes For Sale
244 homes
Use arrow keys to navigateNEW - 1 DAY AGO0.25 ACRESAdvantage Property Management, MAAR
Use arrow keys to navigateNEW - 1 DAY AGO0.73 ACRESKAIZEN Realty, LLC, MAAR
Use arrow keys to navigateNEW - 1 DAY AGOFoundation Property Management, MAAR
Use arrow keys to navigate
Use arrow keys to navigateThe Firm, MAAR
FOR SALE BY OWNER0.31 ACRES
Use arrow keys to navigateTrelora Realty, MAAR
0.28 ACRESCrye-Leike, Inc., REALTORS, MAAR
0.26 ACRESEvernest Too, LLC, MAAR
0.27 ACRESFast Track Realty, LLC, MAAR
0.26 ACRESFoundation Property Management, MAAR
0.93 ACRESBraden, Braden & Braden LLC, MAAR
NEW CONSTRUCTIONKAIZEN Realty, LLC, MAAR
NEW CONSTRUCTIONKAIZEN Realty, LLC, MAAR
0.3 ACRESMid-South Realty, Inc., MAAR
0.25 ACRESSkyline Realty, MAAR
0.26 ACRESChurchey Realty, MAAR
0.25 ACRESHarris & Harris Realty Group,, MAAR
0.29 ACRESAdvantage Property Management, MAAR
Shelby Forest-Frayser, Memphis, TN Real Estate Trends
Learn about the Shelby Forest-Frayser, Memphis, TN housing market through trends and averages.Affordability of Living in Shelby Forest-Frayser, Memphis, TN
The median home value is $87,776
| Month | Median home value |
|---|---|
| May 2025 | $94,059 |
| June 2025 | $92,630 |
| July 2025 | $91,450 |
| August 2025 | $91,135 |
| September 2025 | $91,106 |
| October 2025 | $91,131 |
| November 2025 | $90,771 |
| December 2025 | $90,188 |
| January 2026 | $89,639 |
| February 2026 | $89,465 |
| March 2026 | $88,813 |
| April 2026 | $87,776 |
Trends and affordability stats are provided by third party data sources.
Average Home Value in Shelby Forest-Frayser, Memphis, TN, by Home Size
| Home Size | Home Value* |
|---|---|
| 2 bedrooms (See homes) | $66,270 |
| 3 bedrooms (See homes) | $88,366 |
| 4 bedrooms (See homes) | $114,085 |
Explore the Neighborhood
672 Homes For You- Buy: $2.4k - $4.2m
Neighborhood stats provided by third party data sources.
What Locals Say about Shelby Forest-Frayser
Review Highlights
Shelby Forest-Frayser offers budget-friendly homes, watchful neighbors, and solid school options. People like the tight-knit feel, affordable homes, and nearby schools. They dislike gunshots, burglaries, stray dogs, few parks, and weak police and transit.
AI-generated summary of moderated reviews.
Learn more about Shelby Forest-Frayser
See information on schools, amenities and more.See Shelby Forest-Frayser Insights
Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.
Some or all of the listings displayed may not belong to the firm whose website is being visited.
Some or all of the listings displayed may not belong to the firm whose website is being visited.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.