Home Values in Shelby Forest-Frayser and Downtown
|Zillow Home Value Index||$40,400||vs||$38,900|
|Median List Price||$22,900||vs||$137,500|
|Median Sale Price||$27,400||vs||$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.