What is the housing market like in South Memphis Alliance today?
In April 2025, South Memphis Alliance home prices were up 47.1% compared to last year, selling for a median price of $63K. On average, homes in South Memphis Alliance sell after 62 days on the market compared to 97 days last year. There were 6 homes sold in April this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$62,500
+47.1% YoY | Apr 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2025
Growth
% YoY
South Memphis Alliance, TN
$62,500
+47.1%
United States
To compare other locations to the South Memphis Alliance and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Memphis add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the South Memphis Alliance housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
91.2%
+8.5 pt YoY | Apr 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2025
Growth
% YoY
South Memphis Alliance, TN
91.2%
+8.5 pt
United States
View houses in South Memphis Alliance that sold recently
Learn about schools in the South Memphis Alliance area
Elementary
Middle
High
GreatSchools Rating
4/10
Cummings Elementary School
Public • PreK-8
269
Students
1 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on South Memphis Alliance housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Memphis Alliance.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Memphis Alliance has a minor risk of flooding. 107 properties in South Memphis Alliance are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in South Memphis Alliance. Flood risk is increasing slower than the national average.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
South Memphis Alliance has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. South Memphis Alliance is most at risk from hurricanes. 1,714 properties in South Memphis Alliance have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 70 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 77 mph.
88% of properties are at major
risk of heat over the next 30 years
Heat Factor
South Memphis Alliance has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 88% of homes in South Memphis Alliance have a Major Heat Factor®.
South Memphis Alliance is expected to see a 185% increase in the number of days over 109ºF over the next 30 years. South Memphis Alliance is expected to experience 7