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Memphis Market Report

$356,073

AVERAGE PRICE OF 19 HOMES

$69,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,007,775

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

Average Home

Average Price $356,073
Avg Bedrooms 1.95 beds
Avg Bathrooms 1.26 baths

Average Price by Bedrooms

2 bedrooms $100,250
3 bedrooms $106,765
4 bedrooms $169,666
Memphis Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 16 16 16 13 10
Average Price $381,886 $405,356 $443,369 $468,198 $523,899
Avg Price Change -6.15% -9.38% -5.60% -11.90% -3.71%
Median Price $129,721 $152,177 $152,850 $158,327 $166,133
Med Price Change -17.31% -0.44% -3.58% -4.93% +3.10%
Avg Bedrooms 1.77 beds 1.69 beds 1.63 beds 1.74 beds 1.61 beds
Avg Bathrooms 1.11 baths 1.06 baths 1.06 baths 1.13 baths 1.05 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 19 $356,073 130 days
Distressed Homes 1 $69,000 44 days
Multi-Million Dollar Homes 2 $2,007,775 191 days

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Shane Hanes
6661 Canyon Dr Unit D
Amarillo, TX 79110
806-340-0043

The multiple listing information is provided by the Amarillo Association of Realtors™ from a confidential and copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 Amarillo Association of Realtors. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale of withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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