The median home value in Memphis, TN is $306,700. This is higher than the county median home value of $206,500. The national median home value is $338,100. The average price of homes sold in Memphis, TN is $306,700. Approximately 82.86% of Memphis homes are owned, compared to 13.45% rented, while 3.69% are vacant. Memphis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Memphis real estate agent to arrange a tour today!
Memphis, Tennessee 38135 has a population of 57,639. Memphis 38135 is more family-centric than the surrounding county with 30.58% of the households containing married families with children. The county average for households married with children is 25.11%.
The median household income in Memphis, Tennessee 38135 is $85,171. The median household income for the surrounding county is $55,015 compared to the national median of $69,021. The median age of people living in Memphis 38135 is 42 years.
The average high temperature in July is 91.4 degrees, with an average low temperature in January of 29.8 degrees. The average rainfall is approximately 54.6 inches per year, with 2.6 inches of snow per year.