Compare: Shelby Forest-Frayser vs Midtown
Home Values in Shelby Forest-Frayser and Midtown
|Zillow Home Value IndexWhat's this?||$44,700||vs||$53,800|
|Median List Price||$24,900||vs||$99,000|
|Median Sale Price||$31,100||vs||$136,400|
|Total Homes Sold in Oct||56 homes||vs||106 homes|
Shelby Forest-Frayser, Memphis tends to be less expensive for home buyers than Midtown, Memphis. During the last year, Shelby Forest-Frayser home values have risen by 17.0%, while Midtown home values have risen by 17.0%. The median sale price in Shelby Forest-Frayser is $31,100, but the median listing price was $24,900, a 24.9% increase. Meanwhile in Midtown, the median selling price is $136,400, and the starting price had a median of $99,000, a 37.8% increase. In October, Shelby Forest-Frayser home sellers managed to move 56 houses, while Midtown saw 106 transactions.
Demographics in Shelby Forest-Frayser and Midtown
|Median Household Income||$28,104||vs||$28,259|
|Homes with Kids||30.5%||vs||23.0%|
|Average Household Size||2.9||vs||2.3|
|Average Commute Time (Minutes)||28||vs||23|
At $28,259, the median income in Midtown is $156 more than in Shelby Forest-Frayser, and $16,253 lower than the national average. Shelby Forest-Frayser has a younger median age, at 30, compared to 36 in Midtown, and a longer average commute. The average commute in Midtown is 23 minutes and the average commute in Shelby Forest-Frayser is 28 minutes.