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TN area data

Memphis, TN

Aggregated across 24 ZIP codes in Memphis.

Population: 591,074 (Census ACS)

Home values & appreciation

Median home value
$178,672
1-year appreciation
-3.5%
3-year appreciation
-3.8%
5-year appreciation
+9.8%
10-year appreciation
+108.4%
All-time peak (2022-07)
$195,728
House Price Index
475.9 (+0.5% YoY)

Market activity

Median sale price
$205,410
Median list price
$218,112
Median days on market
62 days
Sale-to-list ratio
95.0%
Active listings
65
1-year forecast
-0.2%
Days to pending
63 days
New listings (monthly)
723

Rents

Typical rent
$1,294/mo
1-year rent change
+2.2%
1BR fair-market rent
$1,198/mo
3BR fair-market rent
$1,749/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$11.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
196
Elementary schools
104
Middle schools
34
High schools
44
Charter schools
56

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, tornado, earthquake, heatWave, iceStorm
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
63.9°F
Average high
73.0°F
Average low
54.0°F
Annual precipitation
56.1 in
Annual snowfall
3.1 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
52
Days with Good air quality
154
Days with Unhealthy air quality
3

Walkability & transit

Walkability index
11.7 / 20
Transit service frequency
-21,393

Amenities

National parks within ~60 mi
4
Nearest national park
Trail Of Tears National Historic Trail (57 mi)
Nearest airport
Treasure Island Airport (1 mi)
Nearest major airport
Memphis International Airport (MEM) (2 mi)
Hospitals nearby (~15 mi)
25
Avg hospital rating
2.7 / 5
EV charging stations (within 10 mi)
4
Solar radiation rating
Fair (4.4 kWh/m²/day)

Migration

Net migration
-3,845 tax filers

Housing stock

Median year housing built
1,970
Median annual property tax
$2,114
Mean commute to work
20 min
Households with broadband internet
66.1%

Employment & development

Total county employment
427,155
Average weekly wage
$1,346
Top industries (by employment)
Health Care, Administrative Services, Accommodation & Food
Annual residential building permits (county)
642

Area data compiled from public government, academic, and industry research feeds. Data sources →

ZIP codes in Memphis

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents