Compare: Shelby Forest-Frayser vs East Memphis-Colonial-Yorkshire

Home Values in Shelby Forest-Frayser and East Memphis-Colonial-Yorkshire

Shelby Forest-Frayser
vsEast Memphis-Colonial-Yorkshire
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$92,000
1-Year Change+1.7%vs+6.1%
Median List Price$23,000vs$134,900
Median Sale Price$22,500vs$167,000
Shelby Forest-Frayser, Memphis tends to be less expensive for home buyers than East Memphis-Colonial-Yorkshire, Memphis. During the last year, Shelby Forest-Frayser home values have risen by 1.7%, while East Memphis-Colonial-Yorkshire home values have risen by 6.1%. 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 East Memphis-Colonial-Yorkshire, the median selling price is $167,000, and the starting price had a median of $134,900, a 23.8% increase.

Why is East Memphis-Colonial-Yorkshire more expensive than Shelby Forest-Frayser?

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.

East Memphis-Colonial-Yorkshire, Memphis, TN

Map of East Memphis-Colonial-Yorkshire, Memphis, TN
East Memphis-Colonial-Yorkshire is a neighborhood in Memphis, TN with a population of 105,880. The median household income is $40,745.