Memphis Housing Market 2024. Memphis real estate, with an average home value of $142,688, shows a 6.4% decrease. In march 2024, memphis home prices were down 4.2% compared to last year, selling for a median price of $173k.
Last year, 22,263 homes were on sale in memphis. In this week’s cover story, mbj reporter omer yusuf explored where the memphis housing market ended up in 2023 and where it could be going in 2024.
Memphis Real Estate, With An Average Home Value Of $142,688, Shows A 6.4% Decrease.
The memphis real estate market had 2,805 homes for sale in march 2024, a 16.0% increase compared to february 2024.
Real Estate In Memphis Is Among The Most Affordable In The United States.
On average, homes in memphis, tn sell.
Chattanooga And Knoxville Would See Price Increases.
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Jackson Is A Balanced Market In December 2023, Which Means That The Supply And Demand Of Homes Are About The Same.
Memphis real estate, with an average home value of $142,688, shows a 6.4% decrease.
Here Are Three Things To Know About The Memphis Housing Market As The New Year Begins.
Mortgage rates, housing inventory expected to see slight improvement in 2024.
For February 2024, The Median Sales Price Was $195,000, Up From.