Compare: Shelby Forest-Frayser vs Cordova-Appling
Home Values in Shelby Forest-Frayser and Cordova-Appling
|Zillow Home Value IndexWhat's this?||$44,700||vs||$127,100|
|Median List Price||$24,900||vs||$136,900|
|Median Sale Price||$31,100||vs||$132,100|
|Total Homes Sold in Oct||56 homes||vs||164 homes|
Shelby Forest-Frayser, Memphis tends to be less expensive for home buyers than Cordova-Appling, Memphis. During the last year, Shelby Forest-Frayser home values have risen by 17.0%, while Cordova-Appling home values have risen by 10.4%. The median sale price in Shelby Forest-Frayser is $31,100, but the median listing price was $24,900, a 24.9% increase. Meanwhile in Cordova-Appling, the median selling price is $132,100, and the starting price had a median of $136,900, a 3.5% discount. In October, Shelby Forest-Frayser home sellers managed to move 56 houses, while Cordova-Appling saw 164 transactions.
Demographics in Shelby Forest-Frayser and Cordova-Appling
|Median Household Income||$28,104||vs||$62,772|
|Homes with Kids||30.5%||vs||35.0%|
|Average Household Size||2.9||vs||2.5|
|Average Commute Time (Minutes)||28||vs||27|
At $62,772, the median income in Cordova-Appling is $34,669 more than in Shelby Forest-Frayser, and $18,260 higher than the national average. Shelby Forest-Frayser has a younger median age, at 30, compared to 33 in Cordova-Appling, and a longer average commute. The average commute in Cordova-Appling is 27 minutes and the average commute in Shelby Forest-Frayser is 28 minutes.