The University District housing market is somewhat competitive. The median sale price of a home in University District was $255K last month, up 2.0% since last year. The median sale price per square foot in University District is $194, up 5.7% since last year.
What is the housing market like in University District today?
In May 2025, University District home prices were up 2.0% compared to last year, selling for a median price of $255K. On average, homes in University District sell after 44 days on the market compared to 48 days last year. There were 271 homes sold in May this year, up from 266 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$255,000
+2.0% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
University District, TN
$255,000
+2.0%
United States
To compare other locations to the University District 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 University District housing market?
University District is somewhat competitive. Homes sell in 29.5 days.
0
100
56
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 3% below list price and go pending in around 30 days.
Hot homes
can sell for around list price and go pending in around 7 days.
Learn about schools in the University District area
Elementary
Middle
High
GreatSchools Rating
8/10
Campus School
Public • K-5
398
Students
12 reviews
6/10
Grahamwood Elementary School
Public • PreK-5
861
Students
18 reviews
5/10
White Station Elementary School
Public • PreK-5
766
Students
15 reviews
5/10
William Herbert Brewster Elementary School
Public • PreK-5
479
Students
6 reviews
5/10
Willow Oaks Elementary School
Public • PreK-5
648
Students
4 reviews
Only showing 5 of
15 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 University District housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in University District.
Flood Factor - Minor
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
University District has a minor risk of flooding. 1,610 properties in University District are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in University District. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
University District has a moderate risk of wildfire. There are 49 properties in University District that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in University District.
99% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
University District has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. University District is most at risk from hurricanes. 23,918 properties in University District 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 72 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 79 mph.
85% of properties are at major
risk of heat over the next 30 years
Heat Factor
University District has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 85% of homes in University District have a Major Heat Factor®.
University District is expected to see a 185% increase in the number of days over 109ºF over the next 30 years. University District is expected to experience 6