Compare: Shelby Forest-Frayser vs Downtown

Home Values in Shelby Forest-Frayser and Downtown

Shelby Forest-Frayser
vsDowntown
Zillow Home Value IndexWhat's this?
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Zillow Home Value Index
Mid-point of Zestimate valuations for Shelby Forest-Frayser. Half the Zestimates are above this number and half are below it.
$43,000vs$46,300
1-Year Change+1.7%vs+7.9%
Median List Price$23,000vs$172,000
Median Sale Price$22,500vs$207,700
Shelby Forest-Frayser, Memphis tends to be less expensive for home buyers than Downtown, Memphis. During the last year, Shelby Forest-Frayser home values have risen by 1.7%, while Downtown home values have risen by 7.9%. The median sale price in Shelby Forest-Frayser is $22,500, but the median listing price was $23,000, a 2.2% discount. Meanwhile in Downtown, the median selling price is $207,700, and the starting price had a median of $172,000, a 20.8% increase.

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Shelby Forest-Frayser, Memphis, TN

Map of Shelby Forest-Frayser, Memphis, TN
Shelby Forest-Frayser is a neighborhood in Memphis, TN with a population of 35,254. The median household income is $28,104.

Downtown, Memphis, TN

Map of Downtown, Memphis, TN
Downtown is a neighborhood in Memphis, TN with a population of 54,607. The median household income is $23,676.