Memphis Real Estate Market
The median mortgage debt is $95,376.
The price per square foot for listings in this area is $103.
The median sale price in February for single family homes is $127,250. The sale prices dropped by -11.57% from the previous month.
The price per square foot for sales in this area is $46.
The number of active listings in Memphis dropped by 35% from the previous month.
The median number of days active properties have been listed is 64. This is significantly shorter than the national average.
The number of sales increased by 300% from the previous month.
The percent of unoccupied properties is very low in Memphis. It is -9.46% below the national average.
The percent of owner occupied properties in Memphis is 27.04% above the national average.
The percent of rental properties in Memphis is 14.78% below the national average.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.
