Memphis - TN housing market
Current home values, days on market, and price-cut activity for the Memphis - TN metro. Data refreshed from Zillow Research monthly.
How to read this data
The typical home value ($244,084) is the Zillow Home Value Index for the Memphis - TN metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are down 0.2% over the past year. A home worth $244,573 last year is now worth roughly $244,084.
About 23.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in TN
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Nashville - TN | $453,873 | -0.8% | 0d |
| Knoxville - TN | $361,804 | +1.3% | 0d |
| Chattanooga - TN | $322,364 | +0.1% | 0d |
| Clarksville - TN | $293,289 | -0.7% | 0d |
| Kingsport - TN | $242,934 | +0.7% | 0d |