Home Values in Shelby Forest-Frayser and Memphis
|Zillow Home Value Index||$40,400||vs||$66,700|
|Median List Price||$22,900||vs||$87,000|
|Median Sale Price||$27,400||vs||$122,300|
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 6.3%, while Memphis home values have risen by 0.5%. 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 Memphis, the median selling price is $122,300, and the starting price had a median of $87,000, a 40.6% increase.