Memphis Real Estate Market
The median sale price for homes in Memphis over the last 12 months is $68,000.
The median mortgage debt is $70,384.
Median Listing Price
Median Days on Market
(foreclosures and short sales)
The price per square foot for listings in this area is $70.
The median sale price in February for single family homes is $51,850. The sale prices dropped by -20.23% from the previous month.
The price per square foot for sales in this area is $46.
The percent of owner occupied properties in Memphis is 16.94% below the national average.
The percent of rental properties in Memphis is 20.49% above the national average which is typical for urban areas.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.