Memphis, TN Houses for Sale

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  /40

  $323,900

  • 3 Beds
  • 2.5 Baths
  • 2,606 Sq Ft

  8502 Griffin Park Dr, Cordova, TN 38018

  BEAUTIFUL 3 BEDROOM, 2 1/2 Bath home features open living room kitchen & breakfast room. Formal dining rm. w/ plantations shutters! SS appl. in updated kitchen w/ farm sink. & B-Bar. Primary suite has lux master bath w/dual shower heads & sinks , jetted tub + huge W/I closet & private balcony! Huge 3rd floor bonus rm! also features Dbl rear load garage, Corner lot w/ fenced yard. Tankless water

  

  Lisa Cox

  Groome & Co.

  (901) 668-8287

  8502 Griffin Park Dr, Cordova, TN 38018
• Explore Memphis

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  /40

  $338,000

  • 5 Beds
  • 3 Baths
  • 2,817 Sq Ft

  884 Wood Kirk Cove, Cordova, TN 38018

  Spacious, move-in ready home with value-add potential in a quiet Cordova cove. This clean, well-maintained property offers a solid layout with room for interior cosmetic updates over time. Major systems have been replaced since original construction and are working well. 2nd full HVAC system added by seller. Most windows have been updated to vinyl, dual-pane Low-E. Featuring 5 bedrooms and 3 full

  

  Walter Jones

  BEST Real Estate Company

  (901) 444-3728

  884 Wood Kirk Cove, Cordova, TN 38018
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  /14

  $389,901

  • 3 Beds
  • 2 Baths
  • 2,100 Sq Ft

  3587 Cowden Ave, Memphis, TN 38111

  TWO LOTS for the price of one!!! Potential for an A.D.U. in the back of the property!! All new plumbing, electrical, AC Unit, and roof! 10 car parking, detached garage, separate workshop, all in the backyard of University of Memphis!! Beautifully renovated East Memphis home! Conveniently located off S Highland in a walkable, tree-lined neighborhood, this 3BR/2BA home has been updated top to

  

  Dylan Johnson

  901, REALTORS

  (901) 883-7928

  3587 Cowden Ave, Memphis, TN 38111
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  /29

  $239,901

  • 5 Beds
  • 3 Baths
  • 2,200 Sq Ft

  4309 Beechcliff Ln, Memphis, TN 38128

  Welcome to Springhill Raleigh. Three full luxury tiled bathrooms, and granite countertop eat-in kitchen. Two Primary bedrooms, one downstairs and 4 bedrooms upstairs. Luxury Hardwood Vinyl 22mil premium floors, separate den and dining room. Fenced yard for privacy and pets. Quiet cove like street just minutes from major road access, schools and all major shopping. Why rent when you can buy? This

  

  Pablo Pereyra

  901, REALTORS

  (901) 673-8797

  4309 Beechcliff Ln, Memphis, TN 38128
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  /19

  $364,900

  • 4 Beds
  • 2.5 Baths
  • 2,403 Sq Ft

  6644 Bright Star Ln, Memphis, TN 38134

  This spacious four-bedroom split-level home offers comfort, charm, and versatility throughout. Featuring 2.5 bathrooms and a cozy wood-burning fireplace. A welcoming keeping room adds additional gathering space, ideal for relaxing with family or hosting guests. Step outside to enjoy the covered patio, perfect for year-round outdoor living and entertaining. The generous backyard is a true

  

  Jo Mathes

  Pinnacle Realty

  (901) 459-2796

  6644 Bright Star Ln, Memphis, TN 38134
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  /17

  $109,000

  • 4 Beds
  • 2 Baths
  • 1,100 Sq Ft

  1448 Menager Rd, Memphis, TN 38106

  This home has been renovated and has lots of space. Directly behind Hamilton High School. This property is great for a family or investor.

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 883-7341

  1448 Menager Rd, Memphis, TN 38106
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  /36

  $250,000

  • 4 Beds
  • 2 Baths
  • 1,400 Sq Ft

  19 S Merton St, Memphis, TN 38112

  This charming home features a cozy 3-bedroom, 1-bath main residence filled with warm, inviting spaces. In addition, a separate mother-in-law suite with a full bathroom offers the perfect setup for extended family, guests, or potential rental income—versatile, comfortable, and full of opportunity. Currently operating as an Airbnb, the property can be sold fully furnished for a seamless transition.

  

  Caleb Hall

  Keller Williams

  (901) 660-8093

  19 S Merton St, Memphis, TN 38112
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  /2

  $95,000

  • 3 Beds
  • 2 Baths
  • 1,008 Sq Ft

  1541 Patton St, Memphis, TN 38106

  This home has been renovated and is move in ready! This would make a nice first time buyer home. Three bedrooms and two bathrooms.

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 669-3692

  1541 Patton St, Memphis, TN 38106
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  /11

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,000 Sq Ft

  1075 Kney St, Memphis, TN 38107

  This is a a perfect starter home / Investment property. Home has been renovated and is move in ready! 3 bedrooms/1 bathroom

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 582-7113

  1075 Kney St, Memphis, TN 38107
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  /2

  $185,000

  • 4 Beds
  • 2 Baths
  • 1,654 Sq Ft

  1505 Netherwood Ave, Memphis, TN 38106

  This well built home is spacious, has a long driveway with a two car carport. Ideal for a family needing space. Four bedrooms / two bathrooms, kitchen with separate dining, move in ready!

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 589-4777

  1505 Netherwood Ave, Memphis, TN 38106
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  /13

  $234,901

  • 2 Beds
  • 2 Baths
  • 1,282 Sq Ft

  431 Alexander St, Memphis, TN 38111

  “The Grey castle” in charming Historic East Buntyn! 2 bedrooms, 2 updated baths, office, hardwood floors throughout, classic wood-paneled windows, new tile kitchen with butcher block counters, craftsman details, large backyard with shed, and all appliances included. Quiet, picturesque street, close to Poplar Ave—perfect for lovers of historic character and timeless charm. With walking proximity

  

  Dylan Johnson

  901, REALTORS

  (901) 621-5503

  431 Alexander St, Memphis, TN 38111
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  /27

  $225,000

  • 2 Beds
  • 1 Bath
  • 1,431 Sq Ft

  749 N Avalon St, Memphis, TN 38107

  Charming Craftsman Bungalow in the heart of Memphis's Historic Vollintine-Evergreen District—Midtown's premier walkable neighborhood where outdoor living thrives. Enjoy the community-maintained V&E Greenline (1.7-mile trail on a former rail line) for biking & walking. Steps to Overton Park (Memphis Zoo, Old Forest trails, dog park, Rainbow Lake playground, Levitt Shell concerts) and Crosstown

  

  Todd Adams

  Keller Williams

  (901) 668-6286

  749 N Avalon St, Memphis, TN 38107
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  /37

  $274,900

  • 4 Beds
  • 2 Baths
  • 2,304 Sq Ft

  4349 Cedar Hills Rd, Memphis, TN 38135

  Located in the desirable Spring Lake HOA community, this spacious two-story home features 4 bedrooms, 2 fully renovated bathrooms, and approximately 2,304 square feet of living space on a generous 0.38-acre lot. The flexible layout includes two bedrooms upstairs and two downstairs, along with a living area on each level, ideal for entertaining or multi-generational living. The upper level

  

  Jordan Ray

  eXp Realty, LLC

  (901) 437-6590

  4349 Cedar Hills Rd, Memphis, TN 38135
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  /25

  $170,000

  • 3 Beds
  • 1.5 Baths
  • 1,451 Sq Ft

  3965 Plymouth Ave, Memphis, TN 38128

  Fully renovated 3-bedroom, 1.5 bath home offering approximately 1,451 square feet of comfortable living space in the Raleigh area. Recent updates include refinished hardwood flooring, upgraded kitchen & bath finishes, modern fixtures, refreshed interior paint, & much more. The property also features a fenced-in backyard, providing added privacy & outdoor usability. Improvements create a

  

  Jordan Ray

  eXp Realty, LLC

  (901) 763-8447

  3965 Plymouth Ave, Memphis, TN 38128
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  /17

  $264,901

  • 4 Beds
  • 2 Baths
  • 1,800 Sq Ft

  3725 Spottswood Ave, Memphis, TN 38111

  PRICE REDUCTION!!! This incredible opportunity is located directly across the street from the University of Memphis! This extremely spacious 4-bed, 2-bath home combines classic charm with modern updates — perfect for owner-occupants, students, faculty, or savvy investors. Enjoy the character of original hardwood floors throughout, adding warmth and timeless appeal to the generous living spaces.

  

  Dylan Johnson

  901, REALTORS

  (901) 675-5891

  3725 Spottswood Ave, Memphis, TN 38111
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  /2

  $65,000

  • 3 Beds
  • 1 Bath
  • 1,070 Sq Ft

  2938 Conti Cove, Memphis, TN 38127

  A great investment property to rehab. Great location in a quite cove. Make your best offer.

  

  Jo Mathes

  Pinnacle Realty

  (901) 445-7715

  2938 Conti Cove, Memphis, TN 38127
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  /39

  $739,000

  • 5 Beds
  • 3.5 Baths
  • 5,687 Sq Ft

  126 Wood Grove Rd, Memphis, TN 38117

  This brick, ranch-style home sits on a half acre corner lot in one of the most sought after East Memphis neighborhoods. There are 5 (or even 6) bedrooms and 3.5 baths, so there’s room for everyone. Many rooms are flexible spaces, in that they can be configured to fit your specific needs. The light filled kitchen has quartz countertops, an island, and breakfast room. There is a formal living

  

  Jennifer Steinmetz

  REMAX Experts

  (901) 673-5513

  126 Wood Grove Rd, Memphis, TN 38117
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  /24

  $234,900

  • 3 Beds
  • 2 Baths
  • 1,658 Sq Ft

  1428 Snowden Ave, Memphis, TN 38107

  Located in the historic Speedway Terrace district, this beautifully renovated 3-bedroom, 2-bath home offers the perfect blend of character and modern updates. The spacious layout features updated finishes throughout and a massive upstairs bonus room ideal for a second living area, office, game room, or additional sleeping space. The fenced-in backyard provides privacy and room for outdoor

  

  Jordan Ray

  eXp Realty, LLC

  (901) 446-1749

  1428 Snowden Ave, Memphis, TN 38107
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  /23

  $174,900

  • 3 Beds
  • 1 Bath
  • 1,542 Sq Ft

  1009 McEvers Rd, Memphis, TN 38111

  Just minutes from the University of Memphis. The property features a handicap-accessible front ramp, offering added convenience and accessibility. Rental Details: ?? Market Rent: $1,260/month ?? Section 8 Welcome: Approved rental rate up to $1,780 ? Accessibility: Handicap ramp at front entrance ?? Location Perk: Near the University of Memphis ?? Type: Single-family residential home This home is

  

  Austin Hall

  Evernest Too, LLC

  (901) 698-3839

  1009 McEvers Rd, Memphis, TN 38111
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  /32

  $310,000

  • 4 Beds
  • 2.5 Baths
  • 2,277 Sq Ft

  1229 N Sanga Rd, Cordova, TN 38016

  Well maintained 4 bedroom, 2.5 bath home in the Valmant Place subdivision of Cordova, TN. Near lots of restaurants and shopping. Living room with fireplace. breakfast nook. Primary downstairs with double vanities and luxury tub. Walk in attic. Fenced in back yard.

  

  Jason Miller

  eXp Realty, LLC

  (901) 472-7785

  1229 N Sanga Rd, Cordova, TN 38016
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  /26

  $1,549,000

  • 4 Beds
  • 6 Baths
  • 6,592 Sq Ft

  5352 N Clover Dr, Memphis, TN 38120

  Commanding 6,500+ sq ft estate on nearly an acre in coveted Pleasant Acres—one of East Memphis’ most established and desirable neighborhoods. A freshly painted exterior, circular drive, and dramatic domed entry create an unforgettable first impression. Inside, soaring ceilings, plantation shutters, and hardwood floors flow throughout (tile kitchen and baths). Designed for effortless entertaining,

  

  Charlene Bailey

  Bespoke Realty

  (901) 673-3504

  5352 N Clover Dr, Memphis, TN 38120
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  /29

  $370,000

  • 4 Beds
  • 2 Baths
  • 2,293 Sq Ft

  531 Stonewall St, Memphis, TN 38112

  This stunning home in Evergreen is a classic bungalow that has undergone numerous updates! It features a chef's fully renovated kitchen and two spacious bedrooms on the main floor, including a primary suite. The residence boasts beautiful hardwood floors, an exceptional floor plan, and an inviting fireplace in the living room. Additional amenities include a gated driveway leading to a two-car

  

  Leigh Martin

  Hobson, REALTORS

  (901) 657-2640

  531 Stonewall St, Memphis, TN 38112
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  /39

  $58,000

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  1965 Cloverdale Dr, Memphis, TN 38114

  AS IS Sale in a quiet neighborhood and established area. Great property for Investor or Owner Occupant with minor repairs, was just recently rented. Window Units and Appliances stay. NO Heat in place. Property is spacious with 2 bedrooms, 1 bath, Separate Living Room and Dining area, Spacious Kitchen. Seller will entertain all Reasonable Offers. NO Wholesalers and No Creative Financing. CASH

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 669-6791

  1965 Cloverdale Dr, Memphis, TN 38114
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  /28

  $320,000

  • 3 Beds
  • 2.5 Baths
  • 2,765 Sq Ft

  7743 Freehold Dr, Memphis, TN 38125

  This is the one! This beautifully renovated two-story home located in a highly sought-after neighborhood near the Germantown area. This home offers everything a family desires—space, style, and comfort. The oversized bedrooms provide room to grow, while the stunning primary suite features a double-vanity bathroom and a large walk-in closet. Two additional bedrooms are located upstairs along with

  

  Valencia Gathwright

  Keller Williams

  (901) 668-5441

  7743 Freehold Dr, Memphis, TN 38125
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  /33

  $384,999

  • 2 Beds
  • 2 Baths
  • 1,888 Sq Ft

  2237 Court Ave, Memphis, TN 38104

  Historic 1928 Mediterranean Bungalow in Midtown's Heart! Charming single-story 2BD/2BA; separate guest house. Original hardwood floors, leaded glass windows, tall ceilings, welcoming covered porch, secure electric gate driveway, fenced yard, private floral garden patio. Cozy warmth awaits w/ 3 wood-burning fireplaces in the main house + a 4th in the guest house; perfect for chilly Memphis

  

  Todd Adams

  Keller Williams

  (901) 666-8932

  2237 Court Ave, Memphis, TN 38104
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  /19

  $225,000

  • 4 Beds
  • 2 Baths
  • 1,568 Sq Ft

  1456 Kinilwood St, Memphis, TN 38134

  Welcome to this well-maintained four-bedroom, two-bath home. Currently zoned for White Station High School (buyer to verify). The home is move-in ready and offers the opportunity for light updates or cosmetic enhancements to truly make it your own. The fourth bedroom, includes a private entrance, making it ideal for guests, adult children, or a home office. This home offers a solid foundation,

  

  Vivian Denogean

  Fast Track Realty, LLC

  (901) 676-7974

  1456 Kinilwood St, Memphis, TN 38134
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  /10

  $100,000

  • 3 Beds
  • 1.5 Baths
  • 1,421 Sq Ft

  3279 Hanna Dr, Memphis, TN 38128

  This 3-bedroom, 1.5-bath home features a functional layout with comfortable living space throughout. The property offers a spacious living area, generously sized bedrooms, and a convenient half bath for guests. With solid bones and room for updates, this home presents a great opportunity to add value and make it your own. Conveniently located near schools, shopping, and major roadways for easy

  

  Michael Tally

  Tally Real Estate Group, LLC

  (901) 698-6950

  3279 Hanna Dr, Memphis, TN 38128
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  /18

  $274,900

  • 3 Beds
  • 1 Bath
  • 1,928 Sq Ft

  1958 Vinton Ave, Memphis, TN 38104

  Large Reduction So now is the perfect time ! 3 bedroom 1 bath gem on Vinton that is Priced for you to move in and enjoy! New paint, floors, Granite counter tops, new light fixtures and New HVAC! Great Home in sought after Central Gardens!!!

  

  Juan Casem

  Crye-Leike Inc., REALTORS

  (901) 641-1170

  1958 Vinton Ave, Memphis, TN 38104
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  /40

  $300,000

  • 4 Beds
  • 3 Baths
  • 2,896 Sq Ft

  31 Red Thorn Cove, Cordova, TN 38018

  Welcome to this beautiful traditional home nestled on Red Thorn Cove. This inviting property features a spacious layout with 4 bedrooms and 3 full bathrooms, perfect for family living. The large living areas offer abundant natural light and flexible space for entertaining or relaxing. Enjoy a modern eat-in kitchen with ample cabinetry and counter space, two cozy fireplaces, and a separate dining

  

  Ken Cannon

  Crye-Leike of MS, Inc.

  (901) 582-7180

  31 Red Thorn Cove, Cordova, TN 38018
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  /33

  $364,900

  • 5 Beds
  • 3 Baths
  • 2,530 Sq Ft

  7770 Juniper Cove E, Cordova, TN 38016

  "This show stopper features 5 bedrooms 3 full bath's butler's pantry and amazing closet space. Plus a spacious rec room complete with projector on the main floor. Enjoy outdoor living with an above - ground swimming pool featuring a new liner, a basket ball court , and a large back yard perfect for entertaining. Recent updates includes new flooring and fresh paint throughout." Earnest money held

  

  Jo Mathes

  Pinnacle Realty

  (901) 660-9048

  7770 Juniper Cove E, Cordova, TN 38016
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  /40

  $434,000

  • 4 Beds
  • 2.5 Baths
  • 3,360 Sq Ft

  6487 Wells Fields Cove, Memphis, TN 38135

  Welcome to a beautifully refreshed property featuring a freshly painted interior and -new carpet in all bedrooms and staircase. This home offers 4 bedrooms on the main level with a spacious bonus room upstairs. Perfect for a playroom or media space. Relax in the primary suite complete with its own cozy fireplace and a generous walk-in-closet. You'll also enjoy a second fireplace in the family

  

  Francine Simon

  Epique Realty

  (901) 660-4963

  6487 Wells Fields Cove, Memphis, TN 38135
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  /25

  $229,900

  • 4 Beds
  • 2 Baths
  • 1,495 Sq Ft

  5025 Loch Lomond Rd, Memphis, TN 38116

  Beautifully Renovated Corner Lot 4 - Bedrooms, 2 Full Baths and Den Ranch - Style Home with Modern Upgrades Featuring 4 spacious bedrooms. This open and inviting layout is ideal for both everyday living and entertainment. LVP Flooring, fresh paint and gourmet kitchen with stainless steel appliances. Enjoy peace of mind with a First American Home Warranty. Seller is willing to pay some closing

  

  Jo Mathes

  Pinnacle Realty

  (901) 676-7437

  5025 Loch Lomond Rd, Memphis, TN 38116
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  /40

  $1,125,000

  • 5 Beds
  • 5.5 Baths
  • 4,000 Sq Ft

  59 Devon Way, Memphis, TN 38111

  Sitting on almost a 1/2 acre in the middle of the highly sought-after Hedgemoor neighborhood of East Memphis, this home has been taken down to the studs and completely redesigned inside and out! It now features 5 bedrooms (4 down and 3 are en-suite) and 5.5 baths! SO many NEW details including roof, electrical, plumbing (even the sewer line to the street!), hardwood, tile, hvacs (3 total),

  

  Julianne Carney

  Keller Williams

  (901) 531-9920

  59 Devon Way, Memphis, TN 38111
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  /40

  $330,000

  • 4 Beds
  • 2.5 Baths
  • 2,129 Sq Ft

  3466 Stone Chase Cove, Memphis, TN 38135

  Don't miss this 4 bedroom 2 and half bath home in Stoneridge Subdivision in Bartlett. New carpet. New range. Great home at a great price.

  

  Jason Miller

  eXp Realty, LLC

  (901) 673-3615

  3466 Stone Chase Cove, Memphis, TN 38135
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  /36

  $589,900

  • 4 Beds
  • 2.5 Baths
  • 3,400 Sq Ft

  1930 Peabody Ave, Memphis, TN 38104

  Beautifully renovated 4BR/2.5BA historic home in the heart of Central Gardens! This timeless residence blends classic charm with modern luxury, featuring real hardwood floors, soaring ceilings, and both front and back stairwells. The newly updated kitchen boasts granite countertops and brand-new appliances, while the bathrooms shine with elegant finishes. The spacious primary suite offers a

  

  Reginald Harris

  Harris Realty Services

  (901) 883-5646

  1930 Peabody Ave, Memphis, TN 38104
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  /24

  $100,000

  • 3 Beds
  • 1 Bath
  • 948 Sq Ft

  686 Delta Rd, Memphis, TN 38109

  Get up to $25,000 toward your first home! Move in with the City of Memphis' Citywide DPA program! Charming 3-bedroom, 1-bathroom home offering 948 square feet of comfortable living space on a peaceful street. This well-maintained property presents an excellent opportunity for first-time buyers ready to put down roots or savvy investors seeking solid returns. The thoughtfully designed layout

  

  Jordan Ray

  eXp Realty, LLC

  (901) 660-9403

  686 Delta Rd, Memphis, TN 38109
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  /26

  $221,000

  • 3 Beds
  • 2 Baths
  • 1,152 Sq Ft

  1011 Philadelphia St, Memphis, TN 38104

  Spacious and renovated 3 bedroom 2 bath in Historically Hip Cooper Young. Features renovated kitchen with granite countertops, updated appliances, restored cabinetry, and brand new fresh tile. The home also features ceiling fans throughout, new and fresh tile in bathrooms, private and spacious side yard, a roof less than 3 years old, and an overall well maintained and cared for house. Book your

  

  Corey Steinberg

  River City Land Co., LLC

  (901) 617-4629

  1011 Philadelphia St, Memphis, TN 38104
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  /40

  $350,000

  • 5 Beds
  • 3 Baths
  • 2,642 Sq Ft

  663 Moss Rd, Memphis, TN 38117

  Income-Producing Opportunity in a Quiet Neighborhood. Renovated & Move-In Ready Stop scrolling. This is the one with built-in upside. Beautifully renovated single-family home featuring a fully functional attached suite complete with its own kitchen and private living space. Perfect for offsetting your mortgage, accommodating extended family, or creating immediate rental income. Located in a

  

  Caleb Hall

  Keller Williams

  (901) 660-4078

  663 Moss Rd, Memphis, TN 38117
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  /40

  $329,500

  • 5 Beds
  • 3 Baths
  • 3,376 Sq Ft

  3953 Otter Dr, Memphis, TN 38128

  Escape to Peace and Tranquility on this Stunning Lakefront Property, where an 3376 Sqft., Open Floor Plan seamlessly blends Indoor and Outdoor living. Imagine walking out to a Breath-Taking Lakeview, while sipping on a warm coffee; or just simply Relaxing on a Natural Canvas on almost an Acre of land. This Spacious home has 5 Bedrooms/ 3 Full Baths plus 1 Special Bonus Room with a Commercial

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 910-1964

  3953 Otter Dr, Memphis, TN 38128
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  /26

  $155,000

  • 3 Beds
  • 2 Baths
  • 1,466 Sq Ft

  2535 Clearpark Dr, Memphis, TN 38127

  Move-in ready and affordably priced, this charming 3-bedroom, 2-bathroom home offers comfort and convenience for any lifestyle. The large backyard is perfect for entertaining or relaxing outdoors. Don't miss this incredible opportunity to own a beautiful home that is ready for you to move right in!!

  

  Randell Richmond

  eXp Realty, LLC

  (901) 235-2694

  2535 Clearpark Dr, Memphis, TN 38127

Showing Results 1 - 40, Page 1 of 18

Why Live in Memphis

Memphis stands as the birthplace of Blues, Soul, and Rock 'n' Roll, with legendary music landmarks like Sun Studio, where Elvis Presley and Johnny Cash recorded their earliest hits. The city's rich cultural heritage comes alive through attractions like Graceland, Elvis's iconic mansion, and the National Civil Rights Museum at the Lorraine Motel. Beale Street pulses with live music venues, while outdoor spaces like the 4,500-acre Shelby Farms Park and the Mississippi River waterfront at Tom Lee Park provide natural escapes. The culinary scene features standout restaurants such as Central BBQ, known for hickory-smoked ribs, and Gus's Fried Chicken, a regional icon serving Southern spicy fried chicken.

The Memphis housing market presents diverse options across distinct neighborhoods. Single-family homes in Midtown Memphis have a median price of $310,000, while similar properties in Cooper-Young reach $311,000. Downtown Memphis single-family homes show a median price of $265,000. The median price for townhomes throughout Memphis is $399,000, while one-bedroom condos typically sell for a median price of $161,000.

Memphis maintains a cost of living 10.3% below the national average. A family with school-age children needs approximately $95,000 annually to live comfortably, while single renters require about $55,000. The property tax rate in Shelby County sits at 1.03%, with no state income tax and a combined sales tax rate of 9.56%. Monthly grocery costs average $1,600 for families and $700 for singles. The city's educational landscape includes highly rated institutions like White Station High School serving multiple neighborhoods and private schools such as Hutchison School and Memphis University School. The University of Memphis and Rhodes College add to the academic environment.

Learn more about living in Memphis

Home Trends in Memphis, TN

On average, homes in Memphis, TN sell after 63 days on the market compared to the national average of 55 days. The median sale price for homes in Memphis, TN over the last 12 months is $205,000, up 8% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$205,000

Median Single Family Sale Price

$199,000

Median Townhouse Sale Price

$407,710

Median 2 Bedroom Sale Price

$150,000

Median 1 Bedroom Sale Price

$146,500

Average Price Per Sq Ft

$133

Number of Homes for Sale

2,426

Last 12 months Home Sales

6,674

Months of Supply

4.40

Median List Price

$209,900

Median Change From 1st List Price

4%

Median Home Sale Price YoY Change

8%