Home Values in Shelby Forest-Frayser and Memphis
|Zillow Home Value Index||$40,100||vs||$66,600|
|Median List Price||$24,800||vs||$79,000|
|Median Sale Price||$31,900||vs||$120,900|
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 fallen by 7.2%, while Memphis home values have remained the same. The median sale price in Shelby Forest-Frayser is $31,900, but the median listing price was $24,800, a 28.6% increase. Meanwhile in Memphis, the median selling price is $120,900, and the starting price had a median of $79,000, a 53.0% increase.