Home Values

Memphis Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median price of homes currently listed in Memphis is $189,900.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Memphis is 1.6%, which is lower than the national value of 6.4%.

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Relative ZHVI
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Memphis Market Overview

Data through Dec 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $189,900 Median listing price
  • No data Median sale price
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Memphis Market Health

Data through Dec 31, 2014
  • No recent data
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • 1.6% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Glenview $788,500
Indian Hills $435,700
 

Listings & Sales

Data through Dec 31, 2014
  • $109 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 13.5% Listings with price cut
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Memphis Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $980 Memphis
    $1,043 Louisville/Jefferson County Metro
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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