The South Memphis Planning Dist housing market is somewhat competitive. The median sale price of a home in South Memphis Planning Dist was $80K last month, up 5.3% since last year. The median sale price per square foot in South Memphis Planning Dist is $76, up 18.8% since last year.
What is the housing market like in South Memphis Planning Dist today?
In May 2025, South Memphis Planning Dist home prices were up 5.3% compared to last year, selling for a median price of $80K. On average, homes in South Memphis Planning Dist sell after 40 days on the market compared to 36 days last year. There were 67 homes sold in May this year, down from 107 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$80,000
+5.3% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
South Memphis Planning Dist, TN
$80,000
+5.3%
United States
To compare other locations to the South Memphis Planning Dist 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.
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How hot is the South Memphis Planning Dist housing market?
South Memphis Planning Dist is somewhat competitive. Homes sell in 55 days.
0
100
40
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 7% below list price and go pending in around 55 days.
Hot homes
can sell for around list price and go pending in around 13 days.
Learn about schools in the South Memphis Planning Dist area
Elementary
Middle
High
GreatSchools Rating
7/10
John P. Freeman Optional School
Public • K-8
548
Students
3 reviews
5/10
Riverview Middle School
Public • PreK-8
429
Students
2 reviews
5/10
Ida B Wells Academy
Public • K-8
126
Students
4 reviews
5/10
Westhaven Elementary School
Public • PreK-5
762
Students
1 reviews
4/10
Bruce Elementary School
Public • PreK-5
495
Students
2 reviews
Only showing 5 of
25 elementary schools.
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 Planning Dist housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Memphis Planning Dist.
Flood Factor
We’re working on getting current and accurate flood risk information
Fire Factor
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor
South Memphis Planning Dist has minimal risk of severe winds over the next 30 years
Heat Factor
We’re working on getting current and accurate heat risk information
Provided by First Street Foundation
More real estate resources for South Memphis Planning Dist