Parkway Village, Memphis, TN—38115
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$169,000
1.1% YoY Growth
Household Income
$42,900
33.3% YoY Growth
Days on Market
60
37.0% Longer YoY
Home Price Forecast
-0.4%
Median Rent
$1,380
3.1% YoY Growth
1-Bed Rent
$800
2.2% YoY Growth
2-Bed Rent
$1,050
5.9% YoY Growth
3-Bed Rent
$1,450
0.0% YoY Growth
Home Price Trends — Parkway Village, Memphis, TN
As of May '26, the median home price in Parkway Village, Memphis, TN is $169,000, with a year-over-year change of -1.1%. This indicates that home prices in Parkway Village, Memphis, TN are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $169,000 | -1.1% |
| Single Family | $175,000 | -1.1% |
| Condos | $50,000 | -10.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |