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Memphis Home Prices and Home Values

Zillow Home Value Index
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Zillow Home Value Index
Mid-point of Zestimate valuations for Memphis. 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, 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. Half the homes sold above this number and half sold below.
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. 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 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, 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 $200 value/sq foot).
Median list price per sq. ft. ($)
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Median list price per sq. ft. ($)
Mid-point of Memphiss 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 $200).
Median sale price per sq. ft. ($)
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Median sale price per sq. ft. ($)
Mid-point of Memphiss 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 $200).
Median rent list price per sq. ft. ($)
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Median rent list price per sq. ft. ($)
Mid-point of Memphiss 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 (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 whose price has been reduced in the last 30 days.
Median price cut (%)
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Median price cut (%)
The mid-point of the percentage of price reduction for homes in Memphis 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 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 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 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 whose values have increased in the past year.
Decreasing values (%)
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Decreasing values (%)
The percentage of all homes in Memphis 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 that were sold in the past 12 months.

$89,900
-5.4%Y-o-Y

Calculated 02/01/2012^*
^*Includes data and transactions through 01/31/2012

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RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Jan 2012
32811	Memphis	0.0%	-0.5%	-5.4%	89900
272942	Berclair-Highland Heights	0.0%	-6.0%	-3.8%	37500
273348	Cordova-Appling	2.4%	-2.3%	-3.8%	129900
273496	Downtown	-0.6%	2.3%	5.6%	179000
273521	Eads-Fisherville	-0.8%	-5.5%	-1.6%	118000
273555	East Memphis-Colonial-Yorkshire	-3.2%	-5.9%	-4.0%	120000
273973	Hickory Ridge-South Riverdale	-3.2%	0.5%	0.3%	65800
274526	Midtown	4.2%	-5.7%	-1.0%	99000
274983	Parkway Village-Oakhaven	-10.1%	-11.1%	0.0%	40000
229214	Raleigh	-3.0%	-5.6%	-13.5%	51900
276537	River Oaks-Kirby-Balmoral	7.1%	0.0%	-4.2%	149900
275359	Shelby Forest-Frayser	3.5%	12.8%	0.0%	29900
276659	White Haven-Coro Lake	5.0%	7.7%	-6.7%	42000
276103	Windyke-Southwind

Median list price ($)		Y-o-Y
Memphis	$89,900	-5.4%
Southaven	$142,000	-1.3%
Horn Lake	$94,000	-5.9%
Lynchburg	$129,000	0.2%
Germantown	$295,000	-0.7%
West Memphis	$75,800	-15.7%

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Memphis Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Median rent list price ($)

Total homes sold

Median value per sq. ft. ($)

Median list price per sq. ft. ($)

Median sale price per sq. ft. ($)

Median rent list price per 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.

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States

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Memphis Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Median rent list price ($)

Total homes sold

Median value per sq. ft. ($)

Median list price per sq. ft. ($)

Median sale price per sq. ft. ($)

Median rent list price per 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.

E-mail successfully sent!Submission failed!

Compare Cities Near Memphis

Compare Mortgage Rates

Compare mortgage rates

For Sale Memphis Homes

Related Links

Zillow Dueling Digs