Compare: Shelby Forest-Frayser vs River Oaks-Kirby-Balmoral

Home Values in Shelby Forest-Frayser and River Oaks-Kirby-Balmoral

Shelby Forest-Frayser

River Oaks-Kirby-Balmoral

Zillow Home Value Index

$40,600

$140,800

1-Year Change

+3.8%

+5.7%

Median List Price

$25,900

$185,000

Median Sale Price

$32,800

$178,200

Total Homes Sold in Mar

Data Unavailable.

Shelby Forest-Frayser, Memphis tends to be less expensive for home buyers than River Oaks-Kirby-Balmoral, Memphis. During the last year, Shelby Forest-Frayser home values have risen by 3.8%, while River Oaks-Kirby-Balmoral home values have risen by 5.7%. The median sale price in Shelby Forest-Frayser is $32,800, but the median listing price was $25,900, a 26.6% increase. Meanwhile in River Oaks-Kirby-Balmoral, the median selling price is $178,200, and the starting price had a median of $185,000, a 3.7% discount.

Shelby Forest-Frayser

River Oaks-Kirby-Balmoral

Population

35,254

40,459

Median Household Income

$28,104

$55,717

Median Age

Homes with Kids

30.5%

23.3%

Average Household Size

2.9

2.2

Average Commute Time (Minutes)

At $55,717, the median income in River Oaks-Kirby-Balmoral is $27,614 more than in Shelby Forest-Frayser, and $11,205 higher than the national average. Shelby Forest-Frayser has a younger median age, at 30, compared to 38 in River Oaks-Kirby-Balmoral, and a longer average commute. The average commute in River Oaks-Kirby-Balmoral is 22 minutes and the average commute in Shelby Forest-Frayser is 28 minutes.