Learn more about homes in Memphis, TN

Welcome to Memphis, TN

The city of Memphis is located in the southwest corner of Tennessee, along the banks of the Mississippi River, in a region that was once dominated by Chickasaw Indians. When Tennessee became a territory of the U.S. in 1790, and later a state in 1796, new settlers took over the area and in 1818, after much struggle, the Chickasaws surrendered. This paved the way for the development of the city of Memphis. General and former President Andrew Jackson, General James Winchester and Judge John Overton are credited with being the founders of Memphis, and together they saw to the design of the city. At that time, Memphis only had a population of about 50 people.

Today Memphis is the largest city in the state of Tennessee with a growing population of over 670,000, and a metropolitan population of over 1.2 million. The city is recognized world-wide as just “Memphis” because there really is only one true Memphis—it is the city where rock ‘n’ roll was born, and the blues were perfected. Memphis’ main attraction is its Beale Street, a historic strip of town dating back to the mid-19th century. Beale Street was all the rage for Memphians in the 1920’s—it offered the best nightlife in town, including clubs, theaters, restaurants, and hot music. Needless to say, much hasn’t changed. Although the area went through a period of decline in the mid-20th century, it was renovated in the 80’s, and now Beale Street is back up and running, filling the city of Memphis with life and music once again.

Memphis Home inventory breakdown by property type

Of the 751 homes for sale in Memphis, the breakdown of property types is as follows:
77% Single Family, 12% Land/lot, 2% Multi Family, 2% Rental and 7% Other.

77% Single Family
12% Land/lot
9% Other

Area details, home facts and figures

Homes for sale 751
Average Home Size 2,000 ft² / 186 m²
Price Range ($750 - $5,100,000)

Weather in Memphis

The average high temperatures in Memphis range from 48 in January to 91 in July

Average home income in Memphis

The average household income of a Memphis resident is $59,402 with an average home value of $134,855

Population of Memphis

Memphis has 703,743 residents.

Home ownership in Memphis

The average level of home ownership in Memphis is 53%.

Education breakdown of Memphis

Education levels of residents of Memphis include: highschool 30%, associate 5%, bachelor 15%, graduate 9%.

Households in Memphis

Memphis has 267,341 homes, built on average 48 years ago.

Information from in and around Memphis...

You are Viewing 1 to 20 of 751 homes for sale in Memphis. These homes are comprised of Single Family, Land/lot, Multi Family, Rental and Other. The average list price of these property results is 233,998. Prices are shown as US Dollar. For more information on these homes for sale in Memphis please contact our member brokerages to schedule a showing or view an open house.

The 751 homes for sale in Memphis, TN are represented by 2 member brokerages serving the Memphis area. Member brokerages representing the 751 homes include CRYE-LEIKE, Realtors and Marx-Bensdorf Realtors.