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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 ($)
    Mid-point of the price homes have sold for in Memphis. Half the homes sold above this number and half sold below.
  • Median value per sq. ft. ($)

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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 $200 value/sq foot).
  • Median sale price per sq. ft. ($)

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    Median sale price per sq. ft. ($)
    Mid-point of Memphiss sold prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sold price/sq ft of $200).
  • 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 percentage of all homes in Memphis that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution of 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).
  • Median down payment ($)

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    Median down payment ($)
    Mid-point amount of down payments made on homes in Memphis.
  • Median down payment (%)

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    Median down payment (%)
    Mid-point of the percentage of home value made in a down payment (e.g. a down payment of $20k on a $100k home is a down payment of 20%). The percentage takes into account all down payments made in Memphis.
  • 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.
  • Property tax ($)

  • $77,700
  • -11.3% Y-o-Y
  • Calculated 07/01/2009*
  • *Includes data and transactions through 04/30/2009
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This data is not available for Memphis.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Current
32811
-0.1%
-1.4%
-11.3%
77700
272942
0.8%
0.6%
-13.5%
55300
273348
0.0%
-1.4%
-9.1%
133400
273496
-0.6%
-2.5%
-14.8%
53000
273521
-0.1%
-2.0%
-11.0%
159700
273555
0.0%
-1.1%
-6.9%
97600
273973
-0.7%
-3.2%
-14.3%
99800
274526
0.1%
-0.9%
-9.1%
70300
274983
-0.4%
-1.8%
-11.8%
70100
229214
0.4%
-0.1%
-12.2%
80300
276537
-0.3%
-1.9%
-10.1%
154500
275359
0.0%
-1.1%
-12.4%
56900
276659
-0.4%
-2.0%
-11.6%
68000
276103
-0.6%
-3.5%
-8.0%
173500

 
Zillow Home Value Index Y-o-Y
Memphis $77,700 -11.3%
Germantown $240,300 -8.2%
Bartlett $146,400 -9.4%
Millington $97,200 -10.2%

Zillow© Mortgage Marketplace

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30 year fixed 5.12% 1 min ago
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30 year fixed 5.75% 1 min ago
30 year fixed 5.38% 1 min ago
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30 year fixed 6.25% 1 min ago
30 year fixed 5.75% 2 min ago
30 year fixed 5.00% 2 min ago
20 year fixed (FHA ... 5.25% 3 min ago
30 year fixed (FHA ... 5.25% 3 min ago
30 year home equit ... 5.00% 4 min ago
30 year fixed (FHA ... 5.00% 4 min ago
30 year home equit ... 4.88% 4 min ago
30 year fixed 5.00% 4 min ago
20 year fixed 5.12% 4 min ago
15 year fixed 4.50% 4 min ago
30 year fixed 5.12% 4 min ago
30 year fixed 5.75% 4 min ago
30 year fixed 5.38% 4 min ago
30 year fixed 5.00% 4 min ago
30 year fixed 5.38% 4 min ago
30 year fixed 5.75% 4 min ago
30 year fixed 5.25% 4 min ago
15 year fixed 5.12% 4 min ago
20 year fixed 5.62% 4 min ago
30 year fixed (FHA ... 5.25% 4 min ago
30 year fixed 5.12% 4 min ago
15 year fixed (FHA ... 4.75% 4 min ago
30 year fixed 5.00% 4 min ago
30 year fixed (FHA ... 5.38% 4 min ago
30 year fixed 5.50% 4 min ago
30 year fixed 5.50% 4 min ago
30 year fixed 5.38% 4 min ago
20 year fixed 5.38% 4 min ago
30 year fixed 5.25% 4 min ago
15 year fixed (FHA ... 4.50% 4 min ago
30 year fixed 5.75% 4 min ago
Memphis City Map
Related Links
Zillow Home Values

Zillow calculates home values, average listing prices, sold prices, time on market, price reductions, foreclosure statistics, down payment amounts and many more metrics for Memphis. Get started by finding home values in all Memphis ZIP codes.

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