Compare: Shelby Forest-Frayser vs Memphis

Home Values in Shelby Forest-Frayser and Memphis

Shelby Forest-Frayser
Zillow Home Value IndexWhat's this?
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.
1-Year Change+1.7%vs+3.5%
Median List Price$23,000vs$90,000
Median Sale Price$22,500vs$125,400
Shelby Forest-Frayser, Memphis tends to be less expensive for home buyers than Memphis, TN. During the last year, Shelby Forest-Frayser home values have risen by 1.7%, while Memphis home values have risen by 3.5%. 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 Memphis, the median selling price is $125,400, and the starting price had a median of $90,000, a 39.3% increase.

Why is Shelby Forest-Frayser better than Memphis?

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.

Memphis, TN

Map of Memphis, TN
Memphis is a city in Shelby county, TN with a population of 658,464. The median household income is $32,285.