Compare: Shelby Forest-Frayser vs Downtown

Home Values in Shelby Forest-Frayser and Downtown

Shelby Forest-Frayser
vsDowntown
Zillow Home Value Index

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.
$40,400vs$38,900
1-Year Change-6.3%vs-12.2%
Median List Price$22,900vs$137,500
Median Sale Price$27,400vs$199,800

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 6.3%, while Downtown home values have fallen by 12.2%. The median sale price in Shelby Forest-Frayser is $27,400, but the median listing price was $22,900, a 19.7% increase. Meanwhile in Downtown, the median selling price is $199,800, and the starting price had a median of $137,500, a 45.3% increase.

Why is Downtown more expensive than Shelby Forest-Frayser?

Nearby real estate