Real Estate Data for Memphis

Memphis market trends indicate an increase of $11,700 (11%) in median home sales over the past year. The average price per square foot for this same period rose to $75, up from $70.

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Median Sales Price in Memphis

Median Sales Price
Number of Sales
  • No. Bedrooms
    Nov 23 - Feb 22
    y-o-y
    3 months prior
    1 year prior
    5 years prior
  • 1 Bedroom
    $133,040
    + 15.7%
    $107,500
    $115,000
    $80,000
  • 2 Bedroom
    $95,000
    + 30.1%
    $114,500
    $73,000
    $65,000
  • 3 Bedroom
    $105,000
    + 6.9%
    $108,500
    $98,250
    $72,615
  • 4 Bedroom
    $165,000
    -6.3%
    $192,000
    $176,000
    $144,500
  • All Properties
    $117,700
    + 11.0%
    $120,000
    $106,000
    $84,000

Median Rent in Memphis

Median Rent
Number of Rentals