How much do homes in Memphis, TN cost?
Median List Price
$154,263
Based on all homes listed in the last 12 months.
Difference Since February 2020
+$19,355(+14.3%)
Key Takeaway
The list price of homes in Memphis has increased by 14.3% since last year.
Housing Market Conditions
Key Takeaway
Unlock the Full Report
Is there room to negotiate on listing prices?- Do you need to act fast to put in an offer?
- And much more...
Noteworthy Homes Listed
Nearest to Median Price
$155,000
4 Beds • 2 Baths
#10093657Listing Office: REMAX Experts, LLC
Median List Price By Bedroom Count
| # BEDS | Feb 2020 | Feb 2021 | % |
|---|---|---|---|
| 1 Bedroom | $134K | $135K | +0.7% |
| 2 Bedrooms | $79.8K | $86.7K | +8.6% |
| 3 Bedrooms | $121K | $138.9K | +14.8% |
| 4 Bedrooms | $202.8K | $235.1K | +15.9% |
| 5+ Bedrooms | $304.6K | $389.9K | +28.0% |
How many homes are available in Memphis, TN?
Number of Homes For Sale
| Jan 2021 | Feb 2021 | % |
|---|---|---|
| 2,369 | 2,520 | +6.4% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2021 | Feb 2021 | % |
|---|---|---|---|
| 1 Bedroom | 46 | 49 | +6.5% |
| 2 Bedrooms | 397 | 440 | +10.8% |
| 3 Bedrooms | 1,298 | 1,386 | +6.8% |
| 4 Bedrooms | 499 | 507 | +1.6% |
| 5+ Bedrooms | 129 | 138 | +7.0% |
Asking Price vs. Sold Price
Key Takeaway
Unlock the Full Report
- Is there room to negotiate on listing prices?
- Do you need to act fast to put in an offer?
- And much more...
Average Listing Age
| Feb 2020 | Feb 2021 | % |
|---|---|---|
| 114 Days | 118 Days | +3.8% |
© 2021 of the REALTRACS MLS. All rights Reserved. 