Memphis Market Report
$205,849
AVERAGE PRICE OF 1,499 HOMES$1,762,613
AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES$326,347
AVERAGE PRICE OF 83 NEWLY BUILT HOMES$502,601
AVERAGE PRICE OF 146 HOMES WITH A POOL$384,539
AVERAGE PRICE OF 28 REDUCED PRICE HOMESAverage Home
Average Price | $205,849 |
Avg Bedrooms | 3.07 beds |
Avg Bathrooms | 1.75 baths |
Average Price by Bedrooms
1 bedroom | $145,164 |
2 bedrooms | $119,359 |
3 bedrooms | $146,721 |
4 bedrooms | $285,740 |
5 bedrooms | $686,846 |
Memphis Home Price Trends
2/2021 | 1/2021 | 12/2020 | 11/2020 | 10/2020 | |
---|---|---|---|---|---|
Total Listings | n/a | 1,516 | 1,675 | 1,819 | 1,894 |
Average Price | n/a | $201,244 | $201,892 | $212,498 | $219,698 |
Avg Price Change | n/a | -0.32% | -5.25% | -3.39% | -0.26% |
Median Price | n/a | $131,063 | $132,297 | $137,496 | $140,728 |
Med Price Change | n/a | -0.94% | -3.93% | -2.35% | +0.07% |
Avg Bedrooms | n/a | 3.05 beds | 3.03 beds | 3.06 beds | 3.07 beds |
Avg Bathrooms | n/a | 1.78 baths | 1.8 baths | 1.82 baths | 1.84 baths |
Total Homes | Average Price | Avg Days on Site | |
---|---|---|---|
All Homes | 1,499 | $205,849 | 110 days |
Multi-Million Dollar Homes | 31 | $1,762,613 | 133 days |
Newly Built Homes | 83 | $326,347 | 108 days |
Homes with a Pool | 146 | $502,601 | 88 days |
Reduced Price Homes | 28 | $384,539 | 57 days |