River Oaks, Memphis, TN—38120
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$428,000
1.6% YoY Growth
Household Income
$119,000
26.6% YoY Growth
Days on Market
45
12.0% Longer YoY
Home Price Forecast
0.3%
Median Rent
$1,620
13.9% YoY Growth
1-Bed Rent
$1,020
3.9% YoY Growth
2-Bed Rent
$1,180
18.3% YoY Growth
3-Bed Rent
$1,700
12.7% YoY Growth
Home Price Trends — River Oaks, Memphis, TN
As of May '26, the median home price in River Oaks, Memphis, TN is $428,000, with a year-over-year change of -1.6%. This indicates that home prices in River Oaks, 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 | $428,000 | -1.6% |
| Single Family | $443,000 | -1.6% |
| Condos | $295,000 | -1.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |