All Home Types
Downtown Memphis, TN Housing Market
What is the housing market like in Downtown Memphis today?
In February 2025, Downtown Memphis home prices were up 22.4% compared to last year, selling for a median price of $279K. On average, homes in Downtown Memphis sell after 114 days on the market compared to 120 days last year. There were 24 homes sold in February this year, down from 27 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$278,500
+22.4% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Downtown Memphis, TN
$278,500
+22.4%
United States
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Downtown Memphis.
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