Home Values in Shelby Forest-Frayser and Downtown
|Zillow Home Value Index||$40,100||vs||$38,600|
|Median List Price||$24,800||vs||$135,000|
|Median Sale Price||$31,900||vs||$196,700|
Shelby Forest-Frayser, Memphis tends to be more expensive for home buyers than Downtown, Memphis. During the last year, Shelby Forest-Frayser home values have fallen by 7.2%, while Downtown home values have fallen by 14.0%. The median sale price in Shelby Forest-Frayser is $31,900, but the median listing price was $24,800, a 28.6% increase. Meanwhile in Downtown, the median selling price is $196,700, and the starting price had a median of $135,000, a 45.7% increase.