The map shows where residents in the Memphis metro area and surrounding areas believe are the best places to live. Areas such as Memphis, TN and Germantown, TN are also shown. Top areas are in purple and green, with less-desired areas in red.
The most desired areas tend to be in the northeast parts of the city, while more affordable homes are in the west regions.
Median house prices in Memphis, TN are $214,037, meaning Memphis homes are much less expensive than the US median of $376,286. We analyzed a significant sample of cities with similar populations like Madison, WI and Ogden, UT, and found homes in Memphis cost about the same.
Compared to Tennessee, Memphis home prices are less expensive than the state's average of $247,758. These are the best neighborhoods as judged by the market: the places people most want to live. While these areas tend to have lower crime rates and higher quality of life, it is primarily a map of the best areas by median home value in Memphis, TN.
In regards to housing disparity, the quality of neighborhood within Memphis varies greatly.
Data Sources: U.S. Census, proprietary data mapping and analysis
Cities with Similar Populations
All Local Stats
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