What is the housing market like in Summer Ave today?
In May 2025, Summer Ave home prices were down 30.7% compared to last year, selling for a median price of $149K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$149,000
-30.7% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Summer Ave, TN
$149,000
-30.7%
United States
To compare other locations to the Summer Ave 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 Summer Ave housing market?
Summer Ave is somewhat competitive. Homes sell in 23 days.
0
100
54
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 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 23 days.
Hot homes
can sell for about 1% above list price and go pending in around 17 days.
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 Summer Ave housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Summer Ave.
Flood Factor - Moderate
39% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Summer Ave has a moderate risk of flooding. 144 properties in Summer Ave are likely to be
severely affected
by flooding over the next 30 years. This represents 39% of all properties in Summer Ave. 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
Summer Ave has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Summer Ave is most at risk from hurricanes. 485 properties in Summer Ave 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 68 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 77 mph.