Real Estate Market Report for Memphis, TN

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Showing market report for Memphis, TN [Change Area].
Market reports are generalized for the area. For detailed statistics or a custom analysis consult with your real estate associate or contact us.


Active Listings Statistics

In Memphis, TN the average list price of a single–family home is $162,734. The average price per square foot is $80. There are currently 1,481 homes for sale with 567 new listings added in the last month.

  Comparing Month to Month
Recent Month Last Year % change
New Listings 567 475 19.37%
Avg. List Price $184,660 $163,668 12.83%
Avg. Price Sq/Ft $77 $74 4.05%
Avg. Days on Market 89 161 -44.72%
Recent Month of 08/01/17 - 08/31/17 to Last Year 08/01/16 - 08/31/16
Comparing Year to Year
Recent Year Previous Year % change
5,915 5,356 10.44%
$162,734 $152,266 6.87%
$80 $73 9.59%
70 113 -38.05%
Recent Year of Sep 07, 2016 - Sep 06, 2017 to Last Year Sep 07, 2015 - Sep 06, 2016

Active Units by Property Type

Active Single Family Homes by Price Range

Average Single Family Home Price by Bedrooms

  List Price Per Sq. Ft.
5+ Bedrooms $628,312 $119
4 Bedrooms $318,524 $94
3 Bedrooms $109,669 $62
2 Bedrooms $53,414 $58

Explore More Areas

Most Popular Top 5 Zips for the Greater Metro Area near Memphis.

Actives – Based on total # homes for sale
# City, State Zip Explore Area
313 Olive Branch, MS 38654 Stats | Listings
219 Collierville, TN 38017 Stats | Listings
178 Memphis, TN 38127 Stats | Listings
168 Arlington, TN 38002 Stats | Listings
143 Southaven, MS 38672 Stats | Listings

Solds – Based on total # homes sold
# City, State Zip Explore Area
1,458 Olive Branch, MS 38654 Stats | Listings
1,020 Collierville, TN 38017 Stats | Listings
918 Arlington, TN 38002 Stats | Listings
913 Cordova, TN 38016 Stats | Listings
759 Cordova, TN 38018 Stats | Listings

Price – Based on highest avg. home price
Price City, State Zip Explore Area
$880,638 Memphis, TN 38103 Stats | Listings
$803,408 Memphis, TN 38120 Stats | Listings
$746,799 Germantown, TN 38139 Stats | Listings
$739,677 Eads, TN 38028 Stats | Listings
$505,206 Germantown, TN 38138 Stats | Listings



Sold Properties Statistics

A Sold Data Report is Available for Memphis, TN

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Sold Real Estate Report

This report is based on MLS activity from Sep 07, 2016 - Sep 06, 2017. Previous year figures are from Sep 07, 2015 - Sep 06, 2016. This includes a total of 14,269 active listings and 12,216 sold listings.


Market reports on our site are generalized. For detailed statistics or a custom analysis consult with your real estate agent, send a request online
or call Crye-Leike at 866-310-3102.