Home Values in Shelby Forest-Frayser and Memphis
|Zillow Home Value Index||$43,300||vs||$68,100|
|Median List Price||$23,000||vs||$89,900|
|Median Sale Price||$31,500||vs||$124,900|
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 1.6%, while Memphis home values have risen by 3.7%. The median sale price in Shelby Forest-Frayser is $31,500, but the median listing price was $23,000, a 37.0% increase. Meanwhile in Memphis, the median selling price is $124,900, and the starting price had a median of $89,900, a 38.9% increase.