The median home value in Memphis, TN is $207,100. This is higher than the county median home value of $131,400. The national median home value is $219,700. The average price of homes sold in Memphis, TN is $207,100. Approximately 80.91% of Memphis homes are owned, compared to 14.63% rented, while 4.46% 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 58,640. Memphis 38135 is more family-centric than the surrounding county with 33.54% of the households containing married families with children. The county average for households married with children is 25.49%.
The median household income in Memphis, Tennessee 38135 is $82,213. The median household income for the surrounding county is $48,415 compared to the national median of $57,652. 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 30.3 degrees. The average rainfall is approximately 54.5 inches per year, with 2.8 inches of snow per year.