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Memphis, TN Townhomes for Sale

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  • /17

    $129,999

    • 3 Beds
    • 2.5 Baths
    • 1,400+ Sq Ft

    1726 Fox Hunt Ln Unit 21, Memphis, TN 38134

    This move-in ready condo features 3 bedrooms and 2.5 bathrooms. The AC unit and water heater were recently replaced, and there's new hardwood flooring and paint in all bedrooms. Items to remain with home includes Refrigerator and Washer & Dryer. Don't miss this fully equipped home. Schedule your showing today!

    Agent Photo

    Steve Luong

    eXp Realty, LLC

    (901) 675-7957

    1726 Fox Hunt Ln Unit 21, Memphis, TN 38134
  • /24

    $220,000

    • 2 Beds
    • 1.5 Baths
    • 1,400+ Sq Ft

    4764 Eagle Crest Dr Unit 4002, Memphis, TN 38117

    "Welcome to your move-in ready, quiet two bedroom condo in a gated community! Nestled in a private area of the complex, this home offers a spacious den, separate dining room, airy kitchen, and updated baths. The generously-sized primary bedroom features two closets and a private balcony with a serene wooded view. Enjoy the low maintenance fees, community swimming pool, clubhouse, tennis court,

    Agent Photo

    Lakesha Lilly Leatherwood

    The Home Partners Realty

    (901) 499-3229

    4764 Eagle Crest Dr Unit 4002, Memphis, TN 38117
  • /30

    $279,000

    • 2 Beds
    • 1.5 Baths
    • 1,400+ Sq Ft

    2267 Tunis Cove, Memphis, TN 38104

    INCREDIBLE OPPORTUNITY in the heart of Midtown! This charming and meticulously maintained 2-bedroom townhouse, developed by the esteemed Ben Reisman, is brimming with character and modern updates throughout. You'll find gorgeous hardwood floors flowing through the spacious living room, elegant dining room, sunny breakfast room, and updated kitchen. A convenient half bath is tucked away downstairs

    Carol Stout Ware Jones, REALTORS

    2267 Tunis Cove, Memphis, TN 38104
  • /26

    $169,000

    • 2 Beds
    • 1.5 Baths
    • 800+ Sq Ft

    5861 Park Ave, Memphis, TN 38119

    Welcome to this beautifully updated two-story condo in a well-kept, gated neighborhood centrally located in the heart of East Memphis. Inside, you'll find fresh renovations, newer windows, and a bright, open layout that feels like home the moment you walk in. Step outside to a private back patio—perfect for relaxing or entertaining. The neighborhood pool is directly across from the unit, making

    Pam Beall Crye-Leike, Inc., REALTORS

    5861 Park Ave, Memphis, TN 38119
  • /34

    $299,900

    • 2 Beds
    • 2.5 Baths
    • 1,600+ Sq Ft

    621 Denmark Dr Unit 201, Memphis, TN 38103

    One owner 2bed/2.5bath townhome! Downtown living at its finest and this unit has been updated from top to bottom! End cap townhome that has 3 balconies! All windows and exterior doors have been replaced within the last year! All flooring in home is less than 6 months old--RealWood flooring throughout and tile in kitchen! Whether this is your full-time or part-time home you will be a short drive

    Ashley Wisch eXp Realty, LLC

    621 Denmark Dr Unit 201, Memphis, TN 38103
  • /15

    $179,000

    • 2 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft

    5841 Park Ave Unit 2, Memphis, TN 38119

    Completely renovated and move-in ready, this stunning two-story condo in a gated East Memphis community combines modern updates with timeless charm. Step inside to a bright, open living area with brand-new flooring and contemporary finishes throughout. The updated kitchen is a showstopper—featuring all-new cabinetry, sleek countertops, and modern fixtures, perfect for the home chef or

    Michael Bryan Bryan Realty Group

    5841 Park Ave Unit 2, Memphis, TN 38119
  • /25

    $165,000

    • 3 Beds
    • 2.5 Baths
    • 1,600+ Sq Ft

    875 S Yates Rd Unit 4, Memphis, TN 38120

    This 3 bedroom condo is located in the gated community of Yates Village. Incredible central location and gated community. Great floor plan offers a living room, dining room, open kitchen to keeping room and also a private courtyard. There is a neighborhood pool to enjoy as well. Very quiet and private. All three bedrooms are located upstairs. Primary has super-sized closet. Carpet upstairs

    Carrie Benitone Ware Jones, REALTORS

    875 S Yates Rd Unit 4, Memphis, TN 38120
  • /38

    $275,000

    • 3 Beds
    • 2.5 Baths
    • 1,800+ Sq Ft

    6942 Amberly Rd, Memphis, TN 38119

    Move in ready townhouse in the perfect East Memphis location! Seller is paying $12,000 toward the new road assessment: new roads, curbs and inlets/drains! This clean home has no carpet, and new flooring in two bedrooms. Hardwood flooring downstairs in LR and DR. Roof and exterior paint one year old! New interior paint; smooth ceilings down. Updated kitchen that is open to a cozy den. Enjoy

    Marla Pennington Coldwell Banker Collins-Maury

    6942 Amberly Rd, Memphis, TN 38119
  • /23

    $200,000

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

    736 Walnut Woods Cove N, Cordova, TN 38018

    Charming end-unit townhouse with 2 bedrooms, 2 bathrooms, and a spacious loft. The open living area features vaulted ceilings, fireplace and abundant natural light. The kitchen connects seamlessly to the living space, perfect for entertaining. Downstairs also offers a comfortable bedroom with attached shared bathroom, ideal for guests or a home office. Upstairs, the primary suite includes wood

    Donnie Morrow eXp Realty, LLC

    736 Walnut Woods Cove N, Cordova, TN 38018
  • /17

    $145,000

    • 2 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft

    5686 Quince Rd Unit 3, Memphis, TN 38119

    Low Maintenance Living in a Convenient Location! Townhome has been updated with a Beautiful Bathroom ~ Fresh Paint ~ Open Kitchen with White Cabinets and Granite Tops ~ New Hard Surface Floors ~ Enjoy the Community Pool and Courtyard ~ Half Bath Down ~ Ready to Occupy!

    Taj Schuerman Keller Williams Realty

    5686 Quince Rd Unit 3, Memphis, TN 38119
  • /17

    $225,000

    • 3 Beds
    • 2.5 Baths
    • 1,600+ Sq Ft

    4779 Towering Oaks Dr Unit 704, Memphis, TN 38117

    Largest floor plan in complex overlooking pool and tennis courts.

    Karen Braden-Little Crye-Leike, Inc., REALTORS

    4779 Towering Oaks Dr Unit 704, Memphis, TN 38117
  • /32

    $310,000

    • 3 Beds
    • 3 Baths
    • 1,600+ Sq Ft

    2016 Restington Ln, Memphis, TN 38119

    Beautifully updated 3BR/3BA townhome in a prime East Memphis location! Nestled in a well-maintained community with a renovated pool and stylish clubhouse perfect for social gatherings. Inside, you'll find custom drapes, elegant plantation shutters, and rich hardwood floors. The remodeled kitchen and bathrooms feature modern finishes, and recessed lighting adds a warm, upscale feel. Enjoy outdoor

    Mary Grayson Fauser Coldwell Banker Collins-Maury

    2016 Restington Ln, Memphis, TN 38119
  • /31

    $149,900

    • 2 Beds
    • 1.5 Baths
    • 800+ Sq Ft

    5868 Roxbury Dr Unit 5868, Memphis, TN 38119

    Welcome Home! This fabulous gated condo is located in desirable East Memphis subdivision on a quiet street, yet just minutes from shopping, dining, and entertaining. Step inside to gleaming laminate hardwood floors, elegant crown molding, and a bright, inviting eat-in kitchen featuring Viatera quartz countertops, a silver tip backsplash, and a full set of appliances. Upgraded cabinets and

    Anna Palazola Crye-Leike, Inc., REALTORS

    5868 Roxbury Dr Unit 5868, Memphis, TN 38119
  • /17

    $169,000

    • 2 Beds
    • 1.5 Baths
    • 1,200+ Sq Ft

    1031 June Rd, Memphis, TN 38119

    The most adorable unit in wonderful gated Poplar Place condominiums in the heart of east Memphis! Features include brand new carpet, light neutral colors and decor, cool kitchen and bathroom updates, private fenced patio, lots of closet and storage space, gated parking, neighborhood pool and more. Convenient location, close to shopping, restaurants, and interstate access. Come see!

    Mindy Wagerman Marx-Bensdorf, REALTORS

    1031 June Rd, Memphis, TN 38119
  • /4

    $205,500

    • 3 Beds
    • 2.5 Baths
    • 1,600+ Sq Ft

    4262 Balboa Cir Unit 27A, Memphis, TN 38116

    This townhouse will be completely renovated. 3 bedrooms and 2.5 bathrooms. approx 1753 sq ft. This home will have new everything. New roof, siding, cabinets and more. There might still be time for you to make some selections in this home. We have products for you to choose from. Don't wait too long. This property will not last long. Close to Fedex, the airport and expressways. There are

    Francyetta Seward C21 Patterson & Assoc. Real Es

    4262 Balboa Cir Unit 27A, Memphis, TN 38116
  • /21

    $170,000

    • 3 Beds
    • 2.5 Baths
    • 1,400+ Sq Ft

    5676 Quince Rd Unit 7, Memphis, TN 38119

    This condo is in near perfect condition despite it needing updates. Meticulously kept, this spacious 3 bed / 2.5 bath condo has so much potential. Private patio and a front yard view into the courtyard, Yorkshire is a wonderful place to call home. Be sure to check out the pool. Each condo comes with two assigned parking spaces. Chair assist still works if it interests the buyer.

    Amanda Kirkman KAIZEN Realty, LLC

    5676 Quince Rd Unit 7, Memphis, TN 38119
  • /19

    $162,000

    • 3 Beds
    • 2.5 Baths
    • 1,600+ Sq Ft

    1757 Fox Hunt Ln, Memphis, TN 38134

    Fully renovated 3BR/2.5BA townhouse with nearly 200 more sq ft than similar units. Just minutes from I-40, I-240, Summer Ave & Sam Cooper. Features spacious living room, updated flooring, fresh paint, modern finishes, and a smart layout ideal for first-time buyers or small families. New roof, 2-year-old windows, and 1-year-old appliances included. Prime location with quick access to all of

    Julio Prieto Pinnacle Realty

    1757 Fox Hunt Ln, Memphis, TN 38134
  • /16

    $162,500

    • 3 Beds
    • 2.5 Baths
    • 1,400+ Sq Ft

    1759 Fox Hunt Ln Unit 1, Memphis, TN 38134

    Beautifully renovated 3BR/2.5BA townhouse just minutes from I-40 and Sam Cooper! New furnace, updated flooring, fresh paint, one-year-old appliances included. Spacious living area, modern finishes, and easy access to all of Memphis. Perfect for first-time buyers or small families. Seller is the listing agent.

    Julio Prieto Pinnacle Realty

    1759 Fox Hunt Ln Unit 1, Memphis, TN 38134
  • /25

    $199,000

    • 2 Beds
    • 2.5 Baths
    • 1,400+ Sq Ft

    433 S Perkins Rd Unit 17, Memphis, TN 38117

    Nicely updated condo in sought after Perkins Gardens. This unit is at the pool and has a dedicated covered parking space in the garage. The windows have been replaced, secure and gated in the heart of East Memphis. This condo even has a great walk score if you want a more pedestrian lifestyle!! Welcome Home!!

    David Da Ponte Sowell, Realtors

    433 S Perkins Rd Unit 17, Memphis, TN 38117
  • /20

    $159,900

    • 2 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft

    5718 Quince Rd Unit 4, Memphis, TN 38119

    Smart 2 bedroom, 1.5 bath in Yorkshire Gardens, Unit #4 Approximately 1100 sq ft. Fridge, washer & dryer and stove stay in 'as is' condition. Both bedrooms up with carpet. Wood flooring down. Tile in kitchen. Amenities: Club house & in-ground pool. Includes: Trash, grounds maintenance, pest control. Fully fenced patio. Owner is paying $250 monthly for the home owners association. Excellent

    Kim Rasche KAIZEN Realty, LLC

    5718 Quince Rd Unit 4, Memphis, TN 38119
  • /31

    $199,000

    • 3 Beds
    • 2.5 Baths
    • 1,600+ Sq Ft

    5676 Quince Rd Unit 2, Memphis, TN 38119

    Spacious and beautifully updated, this 3BR/2.5BA condo in East Memphis offers over 1,500 sq. ft. of comfortable living. The living room/dining room combo flows seamlessly into a separate den, providing ample space for relaxation and entertaining. Enjoy energy efficiency and low utility bills with the double-paned Anderson windows (2021), Trane HVAC, and 2020 replaced roof. The updated primary

    Elizabeth Bran The Firm

    5676 Quince Rd Unit 2, Memphis, TN 38119
  • /17

    $199,900

    • 2 Beds
    • 3 Baths
    • 1,200+ Sq Ft

    5718 Quince Rd Unit 1, Memphis, TN 38119

    The Best Unit in the Yorkshire Gardens Condominium Complex, Unit #1. Nestled in the heart of East Memphis. Lavish swimming pool right at your front door. Spacious club house. 2 bedrooms and 1 full bath and 2 half baths. Washer/Dryer, Refrigerator Stay. Welcome to your new home in paradise. Call me today !

    Anna Palazola Crye-Leike, Inc., REALTORS

    5718 Quince Rd Unit 1, Memphis, TN 38119
  • /21

    $148,000

    • 3 Beds
    • 2.5 Baths
    • 1,600+ Sq Ft

    5995 Lofty Oak Rd, Memphis, TN 38115

    GREAT INVESTMENT OPPORTUNITY! INVESTORS ONLY, DO NOT DISTURB TENANT. SFH Rented for $1,425/month, professionally managed. Lease expires 7/31/2025. Tenant moved in 7/31/2024. Completely renovated in May 2024 including brand new AC condenser, brand new furnace & A-coil. Spacious kitchen with brand new counter tops, large master bedroom, refurbished bathrooms with tile surround shower, attached

    Jeremy Veldman KAIZEN Realty, LLC

    5995 Lofty Oak Rd, Memphis, TN 38115
  • /33

    $125,000

    • 2 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft

    5720 Quince Rd Unit 3, Memphis, TN 38119

    Welcome to Yorkshire Gardens Condominiums in the heart of East Memphis! This well-kept and inviting 2-bedroom, 1.5-bath condo offers easy living with modern updates and timeless charm. The renovated kitchen features granite countertops, new cabinetry, and stainless steel appliances. Enjoy your morning coffee on the private front porch overlooking the peaceful courtyard or unwind on the back

    Anna Bishop Crye-Leike, Inc., REALTORS

    5720 Quince Rd Unit 3, Memphis, TN 38119
  • /11

    $104,900

    • 2 Beds
    • 2.5 Baths
    • 1,200+ Sq Ft

    8168 Harley St Unit F22, Cordova, TN 38016

    Looking to downsize or just looking to have easy access to everything and anything, this is the place for you. 2 bedroom 2-1/2 bath condominium Minutes away from shopping schools, and the freeway. Separate dining room, Oversized Den with Fireplace, Kitchen with Refrigerator and dishwasher, lots of cabinets, Laundry is upstairs with the bedrooms and baths. Half bath down. Patio off the Den. May

    Dee Tharp Crye-Leike, Inc., REALTORS

    8168 Harley St Unit F22, Cordova, TN 38016
  • /34

    $137,900

    • 3 Beds
    • 2.5 Baths
    • 1,800+ Sq Ft

    5273 Chatfield Dr Unit 63B, Memphis, TN 38116

    A Magnificent Investment Opportunity !! New roof , Washer , Dryer and Refrigerator included, New Interior and New Exterior paint September 2024, Primary bedroom also has a Balcony, New Electric hot water heater ,Front and Rear Tree has been removed, And wait for this...It's Huge (1800 square feet) with 3 Bedrooms & 2.5 bathrooms. 2 car private carport. Currently being Leased . Less than 2 miles

    Robert Farris Crye-Leike, Inc., REALTORS

    5273 Chatfield Dr Unit 63B, Memphis, TN 38116
  • /14

    $68,250

    • 3 Beds
    • 1.5 Baths
    • 1,200+ Sq Ft

    3793 Station Way, Memphis, TN 38115

    Investors, welcome to a lovely 3 Bed/1.1 Bath rental that is cash flowing at $611 per month; $7,332 annual rents! Located close to entertainment and commerce, this neighborhood is prime for growth. The current lease runs through 04/30/2026, so don't miss this opportunity to expand your portfolio! This unit is part of a package of 18 properties.

    Trey McElroy Sowell, Realtors

    3793 Station Way, Memphis, TN 38115
  • /9

    $60,375

    • 2 Beds
    • 1.5 Baths
    • 800+ Sq Ft

    3754 Cambridge Station Dr Unit F2, Memphis, TN 38115

    Investor Special! This recently updated 2 Bed/1.1 bath condo is currently cash flowing at $803 per month in Section 8 rent. Now is the perfectopportunity to upgrade your portfolio! Lease runs through February 2025. This unit is part of a package of 18 properties.

    Trey McElroy Sowell, Realtors

    3754 Cambridge Station Dr Unit F2, Memphis, TN 38115
  • /6

    $87,750

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft

    4784 James Kent Ct, Memphis, TN 38118

    Great starter or rental well maintained property with fireplace. Owner has found a new home and is flexible.

    Barbara Conway The Peyton Co., Inc., REALTORS

    4784 James Kent Ct, Memphis, TN 38118
  • /18

    $129,900

    • 3 Beds
    • 2.5 Baths
    • 1,400+ Sq Ft

    3388 Lord Dunmore Cove, Memphis, TN 38134

    Well maintained 3 bed/2.5 bath condo in Bartlett! Pretty wood laminate floor in living areas ~ Main bedroom offers walk-in closet & full bath. Full hallbath. Huge attic space with attic pulldown. Private fenced patio.

    KC Lam Cordova Realty, Inc.

    3388 Lord Dunmore Cove, Memphis, TN 38134
  • /17

    $70,000

    • 2 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft

    3067 Saint Croix Place Unit 83, Memphis, TN 38127

    If you are looking for a remodeled property that is move in ready to add to your portfolio, for your next renter, or for a First time Homebuyer, then this is the one!

    Sonja Tulacz Crye-Leike, Inc., REALTORS

    3067 Saint Croix Place Unit 83, Memphis, TN 38127
  • /30

    $64,900

    • 2 Beds
    • 2.5 Baths
    • 1,455 Sq Ft

    5430 Gatehouse Dr Unit PD, Memphis, TN 38134

    This 2-bed, 2-bath townhome offers solid bones and tons of potential for the right buyer. Investors or handy homeowners ready to renovate and make it their own. Convenient location near shopping, dining, and schools. Being sold as-is—bring your vision and transform this diamond in the rough!

    Steven Koleno Beycome Brokerage Realty, LLC

    5430 Gatehouse Dr Unit PD, Memphis, TN 38134
  • /11

    $112,000

    • 3 Beds
    • 2.5 Baths
    • 1,600+ Sq Ft

    3179 Flowering Cherry Ln Unit 50, Memphis, TN 38115

    Closing Costs Paid! Discover this beautifully remodeled condo at 3189 Flowering Cherry Lane, Memphis, TN. Spanning a spacious layout, it features new granite countertops, plush carpet, and fresh paint throughout, creating a modern, inviting ambiance. The condo boasts a double garage for ample parking and storage, plus a great patio perfect for outdoor relaxation or entertaining. Nestled in a

    Michael Stansbury Weichert REALTOR-SPM

    3179 Flowering Cherry Ln Unit 50, Memphis, TN 38115
  • /2

    $125,000

    • 3 Beds
    • 2.5 Baths
    • 1,600+ Sq Ft

    3629 Chesterwood Dr Unit 77, Memphis, TN 38118

    Looking for a tenant occupied property that has been rehabbed? This one is it! The current lease is until January 2026. This townhouse has new bathtubs in both bathrooms and new tile, vanities, and toilets, new interior doors, paint, new carpet, new laminate flooring downstairs, new light fixtures, new cabinets in the kitchen, and vent a hood. The exterior has had rotten wood replaced, new

    Jill White Fast Track Realty, LLC

    3629 Chesterwood Dr Unit 77, Memphis, TN 38118
  • /31

    $485,000

    • 4 Beds
    • 2.5 Baths
    • 2,600+ Sq Ft

    406 E Pontotoc Ave, Memphis, TN 38126

    Experience Elevated Downtown Living. Welcome to this stunning 4 bedroom, 2.5 bath luxury townhome development nestled in the heart of downtown Memphis. Just a short walk to Beale Street, Main Street, and the FedEx Forum, you’ll be at the center of the city’s best entertainment, dining, and culture. This modern 4-story townhome, built in 2022, offers rooftop views of the Memphis skyline and

    Donnie Morrow eXp Realty, LLC

    406 E Pontotoc Ave, Memphis, TN 38126
  • /17

    $90,000

    • 3 Beds
    • 2.5 Baths
    • 1,600+ Sq Ft

    2093 Wooden Heart Ct Unit 27, Memphis, TN 38116

    Amazing Investment Opportunity! This well-maintained corner lot property offers 3 spacious bedrooms and 2.5 bathrooms, perfect for comfortable living or rental potential. The expansive great room features a cozy fireplace and built-in wet bar, ideal for entertaining. The kitchen is equipped with an electric cooktop, double ovens, and ample cabinet space. Recent updates in 2024 include a brand-new

    Jessica Niter Keller Williams

    2093 Wooden Heart Ct Unit 27, Memphis, TN 38116
  • /39

    $444,900

    • 3 Beds
    • 2.5 Baths
    • 2,200+ Sq Ft

    780 Eventide Dr Unit 11, Memphis, TN 38120

    Rare opportunity to own in this architecturally significant 41-unit townhome community designed by renowned architect Francis Mah. This spacious 2,400 sqft home is ideally located just steps from the pool with direct water views. Featuring 3 bedrooms, 2.5 baths, an office, and bonus room, it offers a custom iron entry, soaring 10 ft ceilings, fresh paint, hardwood floors, and a dramatic

    Adam Kalin Keller Williams

    780 Eventide Dr Unit 11, Memphis, TN 38120
  • /39

    $350,000

    • 3 Beds
    • 2.5 Baths
    • 1,800+ Sq Ft

    38 Angelus St, Memphis, TN 38104

    This beautifully modern townhome offers 3 spacious bedrooms, 2 stylish bathrooms, and an open-concept layout filled with natural light. The sleek kitchen features quartz countertops and a large island, perfect for entertaining. Includes a serene primary suite with a walk-in closet and modern en-suite bath. Located in a top neighborhood near shops and dining. Comfort, style, and convenience—all in

    Crystal Mitchell Renshaw Company, REALTORS

    38 Angelus St, Memphis, TN 38104
  • /21

    $135,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    585 E Parkway S Unit 5, Memphis, TN 38104

    Outstanding opportunity to get into the midtown market at unreal price! Quiet, hidden property on Harbert, off E Parkway. Rarely available to purchase. 2bd/1bath with patio and parking. Ideal rental. Perfect for students at CBU, UM, UT. Walk to restaurants/entertainment. So much to love! Must see. HOA$200 This will not go conventional or FHA. Leaders Credit Union, Kelly Jones, can do a special

    Alex Turner Hobson, REALTORS

    585 E Parkway S Unit 5, Memphis, TN 38104
  • /24

    $75,000

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft

    3626 Outland Rd Unit 86, Memphis, TN 38118

    Perfect investment property for those looking to expand their portfolio. This 3-bedroom, 2-bathroom home needs a little TLC to maximize its potential. It is tenant occupied with no lease term, Please do not disturb the tenants and Schedule your Showing Today. The roof was replaced a 1 1/2 year ago. This home is also ideal for first-time homebuyers or anyone looking to simply downsize. This is

    Anayeli Vargas Centric Realty LLC

    3626 Outland Rd Unit 86, Memphis, TN 38118

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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.

Home Trends in Memphis, TN

Housing Trends

Median Sale Price
$195,000
Median Single Family Sale Price
$199,900
Median Townhouse Sale Price
$399,000
Median 2 Bedroom Sale Price
$160,000
Median 1 Bedroom Sale Price
$160,000
Average Price Per Sq Ft
$134
Number of Homes for Sale
2,205
Last 12 months Home Sales
5,910
Months of Supply
4.50
Median List Price
$210,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
3%
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