The River Oaks housing market is somewhat competitive. The median sale price of a home in River Oaks was $400K last month, down 3.0% since last year. The median sale price per square foot in River Oaks is $175, up 4.8% since last year.
What is the housing market like in River Oaks today?
In January 2025, River Oaks home prices were down 3.0% compared to last year, selling for a median price of $400K. On average, homes in River Oaks sell after 53 days on the market compared to 55 days last year. There were 17 homes sold in January this year, up from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$400,000
-3.0% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
River Oaks, TN
$400,000
-3.0%
United States
To compare other locations to the River Oaks 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 River Oaks housing market?
River Oaks is somewhat competitive. Homes sell in 58.5 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 6 months
Some homes get multiple offers.
The average homes sell for about 6% below list price and go pending in around 59 days.
Hot homes
can sell for about 1% below list price and go pending in around 36 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 River Oaks housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in River Oaks.
Flood Factor - Minor
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
River Oaks has a minor risk of flooding. 273 properties in River Oaks are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in River Oaks. Flood risk is increasing slower than the national average.
19% of properties are at risk of wildfire over the next 30 years
Fire Factor
River Oaks has a moderate risk of wildfire. There are 510 properties in River Oaks that have some risk of being affected by wildfire over the next 30 years. This represents 19% of all properties in River Oaks.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
River Oaks has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. River Oaks is most at risk from hurricanes. 2,590 properties in River Oaks 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 70 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 77 mph.