Home Values
- - Zillow Home Value Index
  - List price ($)
  - Sale price ($)
  - Rent list price ($)
  - Zillow Rent Index
  - - Total homes sold
    - Value per sq. ft. ($)
    - List price / sq. ft. ($)
    - Sale price / sq. ft. ($)
    - Rent estimate / sq. ft. ($)
    - Rent list / sq. ft. ($)
    - Sale-to-list price ratio
    - Listings w/ price cut (%)
    - Amount of price cut (%)
    - Sold for loss (%)
    - Sold for gain (%)
    - Homes foreclosed
    - Foreclosure re-sales (%)
    - Increasing values (%)
    - Decreasing values (%)
    - Sold in past year (%)
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Memphis Metro Home Prices and Home Values

Zillow Home Value Index
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Zillow Home Value Index
Mid-point of Zestimate valuations for Memphis Metro. Half the Zestimates are above this number and half are below it.
Median list price ($)
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Median list price ($)
Mid-point of the list price for homes listed on Zillow in Memphis Metro, or the asking price.
Median sale price ($)
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Median sale price ($)
Mid-point of the price homes have sold for in Memphis Metro. Half the homes sold above this number and half sold below.
Zillow Rent Index
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Zillow Rent Index
Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in Memphis Metro. Half the Rent Zestimates are above this number and half are below it.
Median rent list price ($)
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Median rent list price ($)
Mid-point of the rental price for homes listed for rent on Zillow in the Memphis Metro. Half the homes have rent prices above this number and half are below.
Total homes sold
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Total homes sold
Total number of homes sold in Memphis Metro during the prior 30 days.
Median value per sq. ft. ($)
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Median value per sq. ft. ($)
Mid-point of the value of all homes in Memphis Metro, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
Median list price / sq. ft. ($)
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Median list price / sq. ft. ($)
Mid-point of Memphis Metros list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
Median sale price / sq. ft. ($)
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Median sale price / sq. ft. ($)
Mid-point of Memphis Metros sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
Rent estimate / sq. ft. ($)
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Rent estimate / sq. ft. ($)
Mid-point of the estimated monthly rent price of all homes in Memphis Metro, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
Median rent list price / sq. ft. ($)
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Median rent list price / sq. ft. ($)
Mid-point of Memphis Metros rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
Median sale-to-list price ratio
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Median sale-to-list price ratio
Mid-point of the ratio between the sale price and the list price for all homes in Memphis Metro (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
Listings with price cut (%)
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Listings with price cut (%)
The percentage of current listings on Zillow in Memphis Metro whose price has been reduced in the last 30 days.
Median price cut (%)
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Median price cut (%)
Mid-point of the percentage of price reduction for homes in Memphis Metro whose prices have been reduced in the past full month.
Sold for loss (%)
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Sold for loss (%)
The percentage of homes in Memphis Metro that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
Sold for gain (%)
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Sold for gain (%)
The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
Homes foreclosed
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Homes foreclosed
The number of homes in the Memphis Metro per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
Foreclosure re-sales (%)
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Foreclosure re-sales (%)
The percentage of home sales in a given month in Memphis Metro where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
Increasing values (%)
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Increasing values (%)
The percentage of homes in Memphis Metro whose values have increased in the past year.
Decreasing values (%)
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Decreasing values (%)
The percentage of all homes in Memphis Metro whose value has fallen in the last year.
Sold in past year (%)
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Sold in past year (%)
The percentage of all homes in Memphis Metro that were sold in the past 12 months.

$91,700
-3.0%Y-o-Y

Calculated 04/23/2013^*
^*Includes data and transactions through 03/31/2013

RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Mar 2013
394849	Memphis Metro	-0.1%	1.6%	-3.0%	91700
107712	Anthonyville
50762	Arlington	-1.2%	-0.8%	2.0%	184300
35127	Atoka	-0.9%	-2.7%	-1.8%	151400
10264	Bartlett	-0.8%	0.2%	4.6%	145300
10515	Braden
35164	Brighton	-0.5%	-0.4%	-1.6%	117800
51194	Burlison
51215	Byhalia
42073	Coldwater
51487	Collierville	-0.4%	1.2%	5.8%	251900
17609	Covington	-0.6%	0.6%	-0.7%	83800
31098	Crawfordsville
28791	Drummonds	-0.4%	0.4%	2.9%	111700
44998	Dundee
36850	Earle
45089	Edmondson
38639	Gallaway
226784	Garland
11594	Germantown	-0.6%	1.2%	6.4%	260000
31747	Gilmore
55798	Gilt Edge
18548	Hernando
227226	Hickory Withe	-1.9%	-1.6%	-0.9%	300400
25164	Holly Springs
55827	Horn Lake
45816	Horseshoe Lake
12122	Jericho
32351	La Grange
46130	Lakeland	-0.1%	0.6%	7.8%	223200
177114	Lynchburg
49557	Marion
16291	Mason
32811	Memphis	-0.3%	2.7%	1.3%	60600
5963	Millington	-1.1%	0.7%	0.1%	96400
19477	Moscow
53465	Munford	-0.3%	-0.8%	-3.1%	118000
26084	Nesbit
40006	Newport
13076	Oakland	-0.5%	-2.1%	-1.4%	145700
50450	Olive Branch
47129	Piperton
20042	Potts Camp
26703	Red Banks
49519	Robinsonville
47459	Rossville
54316	Sarah
20418	Senatobia
43218	Sledge
16180	Somerville
54492	Southaven
7493	Tunica
34635	Walls
48350	Waterford
14564	West Memphis
7950	Williston

Zillow Home Value Index		Y-o-Y
Memphis Metro	$91,700	-3.0%
Dyersburg Metro	$72,000	5.6%
Jackson Metro	$88,200	2.0%

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Memphis Metro Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Zillow Rent Index

Median rent list price ($)

Total homes sold

Median value per sq. ft. ($)

Median list price / sq. ft. ($)

Median sale price / sq. ft. ($)

Rent estimate / sq. ft. ($)

Median rent list price / sq. ft. ($)

Median sale-to-list price ratio

Listings with price cut (%)

Median price cut (%)

Sold for loss (%)

Sold for gain (%)

Homes foreclosed

Foreclosure re-sales (%)

Increasing values (%)

Decreasing values (%)

Sold in past year (%)

This data is not available for Memphis Metro.

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