Westwood, Memphis, TN—38109
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$92,000
8.1% YoY Growth
Household Income
$36,900
22.7% YoY Growth
Days on Market
54
2.0% Shorter YoY
Home Price Forecast
-0.8%
Median Rent
$1,100
3.6% YoY Growth
1-Bed Rent
$600
13.1% YoY Growth
2-Bed Rent
$940
7.3% YoY Growth
3-Bed Rent
$1,100
2.8% YoY Growth
Home Price Trends — Westwood, Memphis, TN
As of May '26, the median home price in Westwood, Memphis, TN is $92,000, with a year-over-year change of -8.1%. This indicates that home prices in Westwood, Memphis, TN are decreasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $92,000 | -8.1% |
| Single Family | $90,000 | -8.2% |
| Condos | $226,000 | -1.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |