Compare: Memphis vs North Loop

Home Values in Memphis and North Loop

Memphis
vsNorth Loop
Zillow Home Value IndexWhat's this?
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Zillow Home Value Index
Mid-point of Zestimate valuations for Memphis. Half the Zestimates are above this number and half are below it.
$66,300vs$193,200
1-Year Change+2.8%vs+6.7%
Median List Price$79,900vs$275,000
Median Sale Price$99,500vs$255,700
Memphis, TN tends to be less expensive for home buyers than North Loop, Minneapolis. During the last year, Memphis home values have risen by 2.8%, while North Loop home values have risen by 6.7%. The median sale price in Memphis is $99,500, but the median listing price was $79,900, a 24.5% increase. Meanwhile in North Loop, the median selling price is $255,700, and the starting price had a median of $275,000, a 7.0% discount.

Homes for Sale in Memphis and North Loop

Memphis vs North Loop

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Why is North Loop more expensive than Memphis?

Memphis, TN

Map of Memphis, TN
Memphis is a city in Shelby county, TN with a population of 658,464. The median household income is $32,285.

North Loop, Minneapolis, MN

Map of North Loop, Minneapolis, MN
North Loop is a neighborhood in Minneapolis, MN with a population of 4,569. The median household income is $53,601.