| Statistic | Memphis | Tennessee | National |
|---|---|---|---|
| Average number of people per household | 2.5 | 2.4 | 3 |
| Median year home built | 1966 | 1972 | 1966 |
| Median year moved in | 1995 | 1993 | 1993 |
| Median value owner occupied home | $115,680 | $144,382 | $216,578 |
| Median asking price for home | $102,880 | $132,511 | $192,591 |
| Median property taxes paid | $959 | $682 | $1,696 |
| Median rent asked | $704 | $571 | $799 |
| Percent owner occupied | 58.6% | 72.2% | 72.3% |
| Percent renter occupied | 41.4% | 27.8% | 27.7% |
The median home value in Memphis, TN is 19.9% less than the Tennessee average and 46.6% less than the national average. The median price asked for homes in Memphis, TN is 22.4% less than the Tennessee average and 46.6% less than the national average. The median rental rates in Memphis, TN is 23.3% greater than the Tennessee average and 11.9% less than the national average.
| # | City | Distance (miles) | Housing Score | User Reviews |
|---|---|---|---|---|
| 1. | Germantown, TN | 10.2 | 8.4 /10 | 0 review |
| 2. | Bartlett, TN | 10.4 | 7.7 /10 | 0 review |
| 3. | Southaven, MS | 10.5 | 7.1 /10 | 0 review |
| 4. | West Memphis, AR | 12 | 6.5 /10 | 0 review |
| 5. | Collierville, TN | 16.9 | 8.3 /10 | 0 review |