3,555

Newest Homes for Sale in Memphis, TN

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  • /29

    $155,000

    • 1 Bed
    • 1 Bath
    • 680 Sq Ft

    109 N Main St Unit 907, Memphis, TN 38103

    The Historic Claridge House Condos if you adore downtown this one is for you totally renovated fresh paint new flooring new stove and dishwasher and a washer and dryer. A great view of the river from the roof top

    Agent Photo

    Frances Anderson

    Crye-Leike, Inc., REALTORS

    (901) 589-5867

    109 N Main St Unit 907, Memphis, TN 38103
  • /16

    $134,900

    • 3 Beds
    • 2 Baths
    • 1,076 Sq Ft

    3834 Windermere Rd, Memphis, TN 38128

    Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No wholesaler or assignment of contract offers will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    3834 Windermere Rd, Memphis, TN 38128
  • /32

    $330,000

    • 2 Beds
    • 2 Baths
    • 1,231 Sq Ft

    239 Island Village Dr, Memphis, TN 38103

    Welcome to Mud Island living! Situated on a desirable corner lot, this beautifully updated home offers one of the larger fenced yards you'll find on the Island, plus a two-car garage. Inside, you'll love the updated flooring, creating a seamless & modern feel from room to room. Tall ceilings & abundant natural light make the home feel spacious & inviting. The fully renovated kitchen features

    Katie McLemore BHHS McLemore & Co., Realty

    239 Island Village Dr, Memphis, TN 38103
  • /16

    $230,000

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

    4009 Tessland Rd, Memphis, TN 38128

    This home on the borders the Memphis neighborhoods of Millington and Raleigh. It's a blank canvas waiting on your personal touch. This 5 bedroom, 3 bathroom home is over 2600 square feet. It offers a detached garage and three quarters of an acre. Come see how this home fits your family needs!

    Ricki Fitzpatrick Keller Williams

    4009 Tessland Rd, Memphis, TN 38128
  • /15

    $65,000

    • 3 Beds
    • 1 Bath
    • 1,230 Sq Ft

    2757 Steele St, Memphis, TN 38127

    Large 3 bedroom home with living room, den, dining room, and detached storage building with garage. Home has wood floors and it is being offered at a great price. Home has big front yard and very convenient location. Excellent opportunity to buy this home at a great price, rehab it and flip it, BRRRR it, or just make it your primary residence. Utilities are on. ONLINE VIDEO AVAILABLE UPON

    Tyler Tapley Crye-Leike, Inc., REALTORS

    2757 Steele St, Memphis, TN 38127
  • /25

    $164,999

    • 3 Beds
    • 1.5 Baths
    • 1,126 Sq Ft

    3115 Curtis St, Memphis, TN 38118

    Don't miss this inviting home featuring 3 bedrooms, 1.5 bathrooms, and a 2-car attached carport. The functional layout offers comfortable living space with room to relax, entertain, and make it your own. The spacious living areas provide flexibility for everyday living, while the bedrooms offer space for family, guests, or a home office. The attached 2-car carport provides convenient covered

    Vicki Testerman Mainstay Brokerage, LLC

    3115 Curtis St, Memphis, TN 38118
  • /36

    $475,000

    • 4 Beds
    • 3 Baths
    • 2,558 Sq Ft

    7637 Cross Village Dr, Germantown, TN 38138

    Beautiful 4BR/3BA Germantown home in the sought-after Germantown School District! Set on a landscaped .40+ acre lot, this move-in ready property offers a bright, spacious floor plan with an updated kitchen featuring granite countertops, new stainless appliances, dishwasher, low-profile microwave, smooth cooktop, double ovens, breakfast bar & sunny eat-in area. Main level includes 3 large bedrooms

    Heath Gooch STIXNBRIX

    7637 Cross Village Dr, Germantown, TN 38138
  • /23

    $190,000

    • 4 Beds
    • 2 Baths
    • 2,441 Sq Ft

    3843 Blue Jay Rd, Memphis, TN 38116

    Welcome to 3843 Blue Jay Road, a beautifully updated one-and-a-half story home situated on a desirable corner lot. This charming property features a brand-new dual HVAC system, a new 30-year dimensional roof, and a new hot water tank, offering peace of mind for years to come. Inside, you’ll find freshly refinished hardwood floors throughout, complemented by tile flooring in the kitchen,

    Trevor Wallace Crye-Leike, Inc., REALTORS

    3843 Blue Jay Rd, Memphis, TN 38116
  • /33

    $130,000

    • 1 Bed
    • 1 Bath
    • 693 Sq Ft

    66 Monroe Ave Unit 405, Memphis, TN 38103

    Live it up in the heart of Downtown Memphis in the beautifully converted Shrine Building! This charming 1-bedroom, 1-bath condo offers an unbeatable location near the medical district, law school, restaurants, festivals, and entertainment. Whether you’re a student, professional, or someone who loves city living, this condo is a fantastic option. Enjoy great amenities, including a community pool,

    Romeo Ayala REMAX Experts

    66 Monroe Ave Unit 405, Memphis, TN 38103
  • /15

    $59,990

    • 3 Beds
    • 1.5 Baths
    • 1,326 Sq Ft

    4487 Aline Rd, Memphis, TN 38127

    Investor Special in a Strong Rental Market! This 3-bedroom, 1-bath home offers approximately 1,300 square feet and is already partially renovated, making it an ideal opportunity for investors, landlords, or savvy buyers looking to add value. Much of the heavy lifting has been started, allowing the next owner to finish the project and maximize returns. Located in a proven rental pocket with strong

    Lawson Roberts Renshaw Company, REALTORS

    4487 Aline Rd, Memphis, TN 38127
  • /24

    $189,900

    • 3 Beds
    • 1 Bath
    • 968 Sq Ft

    4883 Kimball Ave, Memphis, TN 38117

    Welcome Home! This meticulously updated 3BR/1BA ranch-style home perfectly blends classic character with modern luxury. Situated on a highly desirable corner lot in the heart of Colonial Acres, every inch of this property has been thoughtfully refreshed and is completely move-in ready. Step inside to find a brand-new kitchen and bathroom boasting contemporary finishes complemented by new designer

    Jimmie Finch Crye-Leike, Inc., REALTORS

    4883 Kimball Ave, Memphis, TN 38117
  • /40

    $365,000

    $12K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,120 Sq Ft

    717 S Riverside Dr Unit 307, Memphis, TN 38103

    Fantastic condo in the Artesian! Sweeping Mississippi River views, plus views of the Harahan Bridge from the balcony, Living Room and Primary Bedroom. This condo has 10-foot ceilings and 8-foot doors, to make for a spacious feel. The kitchen has gas cooking, with stainless Frigidaire appliances. The Primary suite has walk-in closets, double vanity in the bathroom, plus a large soaking tub and

    Mike Parker The Firm

    717 S Riverside Dr Unit 307, Memphis, TN 38103
  • /34

    $599,999

    • 5 Beds
    • 3.5 Baths
    • 4,144 Sq Ft

    9426 Alex Dickson Cove, Memphis, TN 38133

    Beautifully renovated 5BR/3.5BA home situated on 1.08 acres in a quiet cove in sought-after Davies Plantation! This spacious home offers an ideal floor plan with a huge open kitchen featuring abundant cabinet space, oversized island, breakfast bar, and an open flow into the great room—perfect for entertaining and everyday living. Enjoy multiple living spaces including a formal dining room plus a

    Ashley Onsby MidSouth Residential, LLC

    9426 Alex Dickson Cove, Memphis, TN 38133
  • /14

    $65,000

    • 3 Beds
    • 1 Bath
    • 1,008 Sq Ft

    2188 Shannon Ave, Memphis, TN 38108

    Nice 3 bedroom 1 bathroom brick home on corner lot that is priced to sell. Home has central heat and air and a nice floor plan. Utilities are on. Could be a great primary residence or buy and hold rental. Home needs minor cosmetic repairs but could be worth a lot of money once rehabbed. Large backyard that is fenced. ONLINE VIDEO AVAILABLE UPON REQUEST. Utilities are on. Seller is also selling

    Tyler Tapley Crye-Leike, Inc., REALTORS

    2188 Shannon Ave, Memphis, TN 38108
  • /7

    $159,000

    • 3 Beds
    • 1.5 Baths
    • 1,078 Sq Ft

    5115 Aureen Dr, Memphis, TN 38109

    ?? Investment Opportunity – 5115 Aureen, Memphis, TN Looking to add a cash-flowing property to your portfolio? This tenant-occupied investment property at 5115 Aureen, Memphis, TN is available for $159,000 and currently rents for $1,350 per month, providing immediate income from day one. ? Current Rent: $1,350/month ? Purchase Price: $159,000 ? Tenant Occupied – Start collecting rent at closing ?

    Agent Photo

    Austin Hall

    Evernest Too, LLC

    (901) 582-6621

    5115 Aureen Dr, Memphis, TN 38109
  • /25

    $279,000

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

    6508 Ames Cove, Memphis, TN 38134

    Bartlett Cove Cutie! Move-in ready & just in time to get settled before school starts! This charming 3-bedroom, 2-bath home with a designated office is tucked away in a quiet cove & walking distance to Alturia Elementary. You'll love the carpet-free interior featuring engineered hardwood & tile flooring throughout. Both bathrooms have been tastefully renovated with new vanities, new showers, new

    Jan Jones Groome & Co.

    6508 Ames Cove, Memphis, TN 38134
  • /29

    $245,000

    Open Sat 1PM - 3PM
    • 3 Beds
    • 2 Baths
    • 1,642 Sq Ft

    5084 Woodlark Ave, Memphis, TN 38117

    Welcome to 5084 Woodlark Ave! This one-level home offers comfortable living in an established Memphis neighborhood. Featuring 3 bedrooms, 2 full baths, and 1,642 sqft of functional space, the layout includes a living room with traditional brick floors, separate dining room, eat-in kitchen with ample cabinetry, a dedicated laundry area, and a versatile sitting room or office. Hardwood floors flow

    Adam Dawson Dawson Realty Group

    5084 Woodlark Ave, Memphis, TN 38117
  • /27

    $310,000

    • 4 Beds
    • 2.5 Baths
    • 2,583 Sq Ft

    3990 Clubview Dr, Memphis, TN 38125

    Welcome home to this beautiful and spacious 4-bedroom, 2.5-bath residence offering over 2,500 square feet of comfortable living space in a highly desirable Southeast Memphis location. This well-maintained home features a versatile floor plan with generous living and dining areas, perfect for both everyday living and entertaining. The large kitchen offers plenty of cabinet and counter space, while

    Agent Photo

    Blake Clothier

    Premier Realty Group, LLC

    (901) 668-3994

    3990 Clubview Dr, Memphis, TN 38125
  • /25

    $429,900

    • 3 Beds
    • 3 Baths
    • 2,163 Sq Ft

    4124 Hedge Hills Ave, Memphis, TN 38117

    This beautifully maintained 3-bedroom, 3-bath home combines comfort, style & thoughtful upgrades throughout. Hardwood floors add warmth & character to the living spaces, while two gas fireplaces create inviting gathering areas for relaxing or entertaining - a wonderful balance of charm and functionality. The spacious eat-in kitchen offers a welcoming setting for everyday meals & casual dining, &

    Anna-Grace Williams Adaro Realty, Inc.

    4124 Hedge Hills Ave, Memphis, TN 38117
  • /4

    $100,000

    • 2 Beds
    • 2 Baths
    • 938 Sq Ft

    6705 Majestic Oak Place Unit 4, Memphis, TN 38120

    Whispering Oaks condo for sale! Second story unit. Tenant occupied currently on under market value month-to-month lease at $725/mo. 30-day notice to vacate. Condo fees include clubhouse, swimming pool. DO NOT DISTURB TENANT. Inspection after accepted contract. Sold AS IS.

    Zach Thomas Sell901 Real Estate

    6705 Majestic Oak Place Unit 4, Memphis, TN 38120
  • /24

    $465,000

    New Construction
    • 3 Beds
    • 3 Baths
    • 2,000 Sq Ft

    5490 Park Ave, Memphis, TN 38119

    ATTRACTIVE LOW PRICE! East End Village is a brand new exclusive gated community of 26 luxury townhomes in the heart of East Memphis. Designed by Shapiro & Co. & built by Griffin Elkington, sleek, quality finishes are showcased throughout. Featuring 3 BR, 3 BA a modern open floor plan w/ wood floors & 10ft ceilings down, evoking an easy luxury turn lifestyle. The premium kitchen features quartz

    Laura Sherman River City Land Co., LLC

    5490 Park Ave, Memphis, TN 38119
  • /15

    $279,900

    • 4 Beds
    • 2.5 Baths
    • 2,106 Sq Ft

    8551 Kettering Dr, Cordova, TN 38016

    Major Updates Throughout And Move-In Ready! This 4BR/2.5BA Home (Or 3BR Plus Bonus) Has Been Thoughtfully Improved From Top To Bottom Over The Past Six Years. The Renovated Kitchen Features Quartz Countertops And New Appliances, While All Three Bathrooms Have Been Beautifully Remodeled. Additional Improvements Include A New Roof, New Windows, New Gutters, Updated Electrical Panel With EV Charger,

    Brandon Smith Smith Family Real Estate, LLC

    8551 Kettering Dr, Cordova, TN 38016
  • /18

    $70,000

    • 3 Beds
    • 1 Bath
    • 1,151 Sq Ft

    1373 Vicoscia Ave, Memphis, TN 38127

    Great Investment Home! This Beautiful brick home features 3 bedrooms, 1 full bath, with a Huge fenced in backyard.

    Marilyn Taylor Crye-Leike, Inc., REALTORS

    1373 Vicoscia Ave, Memphis, TN 38127
  • /37

    $1,500,000

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

    5352 N Clover Dr, Memphis, TN 38120

    Discover timeless quality and exceptional craftsmanship in this Doug Enoch custom-built home by renowned builder Floy Nunnelee, located in one of the area’s most sought-after neighborhoods. A stunning domed entry welcomes you into an elegant interior featuring hardwood floors throughout the main living areas.Designed for both comfortable living and entertaining, the home offers two spacious

    Channing Shaw Emmett Baird Realty, LLC

    5352 N Clover Dr, Memphis, TN 38120
  • /15

    $250,000

    • 3 Beds
    • 2 Baths
    • 1,549 Sq Ft

    8784 Overcup Oaks Dr, Cordova, TN 38018

    Charming 3-bed, 2-bath home with a garage in the heart of Cordova! This property features a unique, earthy-inspired primary bathroom that adds warmth and character. Enjoy a prime dining area and convenient breakfast bar, perfect for entertaining. Located within walking distance to Cordova Elementary and Cordova Middle. Seller is offering up to $10,000 in BUYER CONCESSIONS-an incredible

    Shanice Williams KAIZEN Realty, LLC

    8784 Overcup Oaks Dr, Cordova, TN 38018
  • /4

    $200,000

    • 4 Beds
    • 3 Baths
    • 2,895 Sq Ft

    1019 Brownlee Rd, Memphis, TN 38116

    Wonderful 4 bedroom 3 bath home on a spacious almost half acre lot. Traditional styled home with finished 2nd floor with bonus room, bathroom, and bedroom. Detached 2 car garage with spacious backyard.

    Shirley Kay Harris Crye-Leike, Inc., REALTORS

    1019 Brownlee Rd, Memphis, TN 38116
  • /14

    $229,999

    • 4 Beds
    • 2 Baths
    • 1,596 Sq Ft

    570 Marianna St, Memphis, TN 38111

    Don't miss this charming 1-story home featuring 4 bedrooms and 2 bathrooms with a spacious layout designed for comfortable everyday living. The inviting living areas provide plenty of room for relaxing or entertaining, while the functional floor plan offers flexibility for a variety of lifestyles. The generously sized bedrooms provide space for family, guests, or a home office. Enjoy the

    Vicki Testerman Mainstay Brokerage, LLC

    570 Marianna St, Memphis, TN 38111
  • /27

    $99,000

    • 3 Beds
    • 1 Bath
    • 1,181 Sq Ft

    2314 Pendleton St, Memphis, TN 38114

    Charming, move-in ready one story home in Memphis offering a functional 3-bed, 1-bath layout with thoughtful living spaces throughout. Everything is new - including the roof and central heat. The open floor plan connects a spacious living room and dining area, ideal for everyday living and entertaining. The kitchen features white cabinets, tile backsplash, and ample counter space. All three

    Jorge Consejo Real Estate Agency

    2314 Pendleton St, Memphis, TN 38114
  • /20

    $139,900

    • 3 Beds
    • 2 Baths
    • 1,608 Sq Ft

    3042 Curtis St, Memphis, TN 38118

    Charming all-brick ranch with soaring vaulted ceilings and rustic exposed wood beams that give this home real character. The open-concept living and dining area features a stunning full brick accent wall and flows into the spacious eat-in kitchen. Spacious bedrooms offer beautiful hardwood floors and great natural light. The primary bedroom features an en-suite half bath. Mature trees and solid

    Jennifer Carstensen Real Estate Agency

    3042 Curtis St, Memphis, TN 38118
  • /2

    $125,000

    • Land
    • 9.15 Acres
    • $13,661 per Acre

    0 W St Elmo Ave Unit 10224507, Memphis, TN 38128

    Property is zoned for single family residential. The property is over 9 acres.

    Jabari Bailey The Bailey Company Realty, Inc

    0 W St Elmo Ave Unit 10224507, Memphis, TN 38128
  • /11

    $189,900

    • 3 Beds
    • 2 Baths
    • 1,095 Sq Ft

    7056 Petten Dr, Memphis, TN 38133

    Nice home convenient to everything in Bartlett and Memphis. Home features new roof in 2026 with gutters already in place. Updated flooring throughout with new carpet in the bedrooms and vinyl plank in dining, living room and kitchen. Maintenance free exterior with vinyl siding. Fresh paint throughout the interior. New roll-away blinds in every room. New security doors on both the front and back.

    Andy Gordon MidSouth Residential, LLC

    7056 Petten Dr, Memphis, TN 38133
  • /2

    $110,000

    • 4 Beds
    • 3 Baths
    • 1,590 Sq Ft

    3174 Given Ave, Memphis, TN 38112

    Duplex for sale. Rented for a total of $1150 per month. Both tenants have been there for serveral years and are on month to month leases. Propert yprofessionally managed. Great addition to your portfolio. No wholesale or owner finance offers please.

    Jimmy Kennedy Trek Property Management

    3174 Given Ave, Memphis, TN 38112
  • /25

    $205,000

    • 2 Beds
    • 2 Baths
    • 1,214 Sq Ft

    3612 Sunray Cove, Memphis, TN 38135

    Don't miss this well-maintained Bartlett townhome featuring 2 bedrooms, 2 full baths, and 1,214 square feet of comfortable living space. The spacious living room welcomes you with vaulted ceilings, abundant natural light, and a cozy gas fireplace. The kitchen opens to the dining area, creating an easy flow for everyday living and entertaining. Recent updates include LVP flooring (2023), a Goodman

    Melissa Adams Groome & Co.

    3612 Sunray Cove, Memphis, TN 38135
  • /40

    $1,389,000

    • 4 Beds
    • 5 Baths
    • 5,955 Sq Ft

    3595 S Galloway Dr, Memphis, TN 38111

    Open the front door to gorgeous views of Galloway Golf Course and back windows showcase an oasis - beautiful pool, spa & meticulous landscaping. 37x8 grand entry w/ charming brick floors & gorgeous random width heart of pine flrs in other rms. 4br5ba Completely renovated kitchen has 6 eye Wolf gas stove top and oven, sub zero, beautiful granite, ebony wood island and flows into a keeping rm w/ a

    Robbie Ann Pahlow Ware Jones, REALTORS

    3595 S Galloway Dr, Memphis, TN 38111
  • /33

    $425,000

    • 3 Beds
    • 2 Baths
    • 2,379 Sq Ft

    53 W Walnut Grove Cir, Memphis, TN 38117

    Stunning 3 bed, 2 bath Ranch style home tucked away in Pigeon Estates. This home has room to spread out with a separate living room, dining room, den AND keeping room. Featuring an updated kitchen, beautiful hardwood floors, built-ins, interior shutters and huge fully fenced in backyard, this home has it all. Don't miss this gem!

    Stephanie Adney Coldwell Banker Collins-Maury

    53 W Walnut Grove Cir, Memphis, TN 38117
  • /7

    $125,000

    • 4 Beds
    • 2 Baths
    • 1,375 Sq Ft

    3038 Sinclair St, Memphis, TN 38127

    This duplex is prime for investment opportunity! Both units are 2 bed/1 bath. 3038 Sinclair is tenant occupied for $725/mo through July 26th, 2026. 3040 Sinclair can be shown since it's vacant and ready for a new tenant! Call for your private showing today!

    Joshua Cooper Sowell, Realtors

    3038 Sinclair St, Memphis, TN 38127
  • /15

    $50,000

    • 3 Beds
    • 1 Bath
    • 1,089 Sq Ft

    747 N Holmes St, Memphis, TN 38122

    Lovely 3 bedroom 1 bathroom home that is priced to sell! This could be a great long term investment property, or primary residence. Many homes in this area are being rehabbed and sold for more money. Home has a large front porch, big backyard, fireplace, wood laminate floors, and nice sized laundry room. Lot of space for the money. Cash offers only. No Creative Or Owner Financed Offers. No

    Tyler Tapley Crye-Leike, Inc., REALTORS

    747 N Holmes St, Memphis, TN 38122
  • /20

    $330,000

    • 4 Beds
    • 3 Baths
    • 2,720 Sq Ft

    4295 Thunderstone Cir W, Memphis, TN 38125

    No city taxes in gorgeous Richwood Subdivision!!! This 4 bedroom (two down) 3 bath turnkey property boasts of new LVP and carpet in the downstairs area, new dishwasher, and disposal. Separate LR, Dining room with French doors leading to Den with fireplace. Roof 7 yrs, HVAC, windows, gutters, aluminum siding approx. 2018. Woodburning or gas FP completely redone 2/26. All new interior paint . Crown

    Toni Withers Stewart Crye-Leike, Inc., REALTORS

    4295 Thunderstone Cir W, Memphis, TN 38125
  • /27

    $320,000

    • 4 Beds
    • 2.5 Baths
    • 2,745 Sq Ft

    1996 Brownsford Ln, Cordova, TN 38016

    Welcome to 1996 Brownsford Ln. This beautifully updated 4BR/2.5BA home is move-in-ready, featuring fresh interior paint and brand new baseboards/trim. The main level offers a versatile, separate dining room -perfect for a private home office -alongside a spacious living room filled with natural light, built-in bookshelves, & a cozy fireplace. The kitchen is equipped with new SS appliances,

    Kimberly Wilkinson Dean Real Estate Agency

    1996 Brownsford Ln, Cordova, TN 38016
  • /21

    $205,000

    • 3 Beds
    • 2 Baths
    • 1,618 Sq Ft

    1744 Goodhaven Dr, Memphis, TN 38116

    This charming home may qualify for a 100% loan program, making it an excellent opportunity for savvy homebuyers! Featuring 3 bedrooms, 2 full bathrooms, and a dedicated office area, this move-in-ready property offers comfort and convenience. Included are essential appliances: washer, dryer, stove, and refrigerator. Recent updates include a new roof, concrete driveway, and a fenced yard, adding to

    Lakesha Lilly Leatherwood The Home Partners Realty

    1744 Goodhaven Dr, Memphis, TN 38116

Showing Results 1 - 40, Page 1 of 18

Frequently Asked Questions

What is the average home price in Memphis, TN?
Homes for sale in Memphis, TN have an average home price of $266,170.
How many homes have sold over the last 12 months in Memphis, TN?
6,600 homes have sold in Memphis, TN over the last 12 months.
What is the average household income in Memphis, TN?
The average household income in Memphis, TN is $67K.
Is Memphis, TN a safe city?
In general, the safest neighborhoods in Memphis, TN with lower crime scores are River Oaks, Poplar Pines, Greentrees, Gray's Creek and Southern Shelby County.
What are the most popular zip codes in Memphis, TN?
The most popular zip codes in Memphis, TN include 38111, 38104, 38112, 38114 and 38122.
What are the most popular neighborhoods in Memphis, TN?
The most popular neighborhoods in Memphis, TN with the most homes for sale are East Memphis, Frayser, Cordova, Whitehaven and Berclair.
How much do you need to make to afford a house in Memphis?
The median home price in Memphis is $210,000. If you put a 20% down payment of $42,000 and had a 30-year fixed mortgage with an interest rate of 6.47%, your estimated principal and interest payment would be $1,060 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $45K a year to afford the median home price in Memphis. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Memphis is $67K.
How are the schools in Memphis, TN?
Memphis, TN has highly rated public and private schools. Some of the best schools in Memphis based on Niche Grades are Christian Brothers High School, Heritage Baptist Academy and Hutchison School. The neighborhoods in Memphis with the highest rated schools are River Oaks, Kirby Woods and Poplar Pines. Browse all the schools in Memphis, TN to learn more.

Home Prices in Memphis, TN

Home Price Trends

Median Sale Price
$206,000
Median Single Family Sale Price
$199,900
Median Townhouse Sale Price
$419,000
Median 2 Bedroom Sale Price
$125,020
Median 1 Bedroom Sale Price
$131,750
Average Price Per Sq Ft
$133
Number of Homes for Sale
2,614
Last 12 months Home Sales
6,600
Months of Supply
4.80
Median List Price
$210,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
6%
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