South Memphis, Memphis, TN—38114
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$73,000
7.8% YoY Growth
Household Income
$32,100
26.1% YoY Growth
Days on Market
67
12.0% Longer YoY
Home Price Forecast
0.3%
Median Rent
$965
6.1% YoY Growth
1-Bed Rent
$725
1.8% YoY Growth
2-Bed Rent
$850
0.1% YoY Growth
3-Bed Rent
$1,100
6.3% YoY Growth
Home Price Trends — South Memphis, Memphis, TN
As of Dec '25, the median home price in South Memphis, Memphis, TN is $73,000, with a year-over-year change of -7.8%. This indicates that home prices in South Memphis, Memphis, TN are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $73,000 | -7.8% |
| Single Family | $73,000 | -8.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |