The South Memphis Planning Dist housing market is somewhat competitive. The median sale price of a home in South Memphis Planning Dist was $70K last month, down 8.0% since last year. The median sale price per square foot in South Memphis Planning Dist is $62, down 8.8% since last year.
What is the housing market like in South Memphis Planning Dist today?
In January 2025, South Memphis Planning Dist home prices were down 8.0% compared to last year, selling for a median price of $70K. On average, homes in South Memphis Planning Dist sell after 45 days on the market compared to 58 days last year. There were 72 homes sold in January this year, up from 64 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$70,250
-8.0% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
South Memphis Planning Dist, TN
$70,250
-8.0%
United States
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How hot is the South Memphis Planning Dist housing market?
South Memphis Planning Dist is somewhat competitive. Homes sell in 49 days.
0
100
38
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 11% below list price and go pending in around 49 days.
Hot homes
can sell for around list price and go pending in around 22 days.
Learn about schools in the South Memphis Planning Dist area
Elementary
Middle
High
GreatSchools Rating
8/10
John P. Freeman Optional School
Public • K-8
652
Students
3 reviews
5/10
Whitehaven Elementary School
Public • PreK-5
440
Students
1 reviews
4/10
Double Tree Elementary School
Public • PreK-5
409
Students
12 reviews
4/10
Ford Road Elementary School
Public • PreK-5
574
Students
3 reviews
4/10
Cummings Elementary School
Public • PreK-8
414
Students
1 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