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 $157,822. The average price per square foot is $77. There are currently 1,384 homes for sale with 534 new listings added in the last month.

  Comparing Month to Month
Recent Month Last Year % change
New Listings 534 556 -3.96%
Avg. List Price $177,039 $155,290 14.01%
Avg. Price Sq/Ft $74 $72 2.78%
Avg. Days on Market 96 168 -42.86%
Recent Month of 03/01/17 - 03/31/17 to Last Year 03/01/16 - 03/31/16
Comparing Year to Year
Recent Year Previous Year % change
5,491 5,362 2.41%
$157,822 $149,176 5.8%
$77 $71 8.45%
74 118 -37.29%
Recent Year of Apr 11, 2016 - Apr 10, 2017 to Last Year Apr 11, 2015 - Apr 10, 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 $716,410 $120
4 Bedrooms $319,979 $90
3 Bedrooms $96,051 $58
2 Bedrooms $69,417 $63
1 Bedroom $10,000 (N/A)

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
330 Olive Branch, MS 38654 Stats | Listings
227 Collierville, TN 38017 Stats | Listings
184 Memphis, TN 38127 Stats | Listings
147 Arlington, TN 38002 Stats | Listings
117 Memphis, TN 38128 Stats | Listings

Solds – Based on total # homes sold
# City, State Zip Explore Area
1,409 Olive Branch, MS 38654 Stats | Listings
1,001 Collierville, TN 38017 Stats | Listings
958 Cordova, TN 38016 Stats | Listings
915 Arlington, TN 38002 Stats | Listings
761 Cordova, TN 38018 Stats | Listings

Price – Based on highest avg. home price
Price City, State Zip Explore Area
$1,073,437 Memphis, TN 38103 Stats | Listings
$802,161 Memphis, TN 38120 Stats | Listings
$799,383 Germantown, TN 38139 Stats | Listings
$789,502 Eads, TN 38028 Stats | Listings
$650,000 Waterford, MS 38685 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 Apr 11, 2016 - Apr 10, 2017. Previous year figures are from Apr 11, 2015 - Apr 10, 2016. This includes a total of 13,806 active listings and 11,875 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.