Memphis, TN (Metro) - Trend of Mean or Average Sale Price (Nowcast) for All Homes (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Mean or Average Sale Price (Nowcast) for All Homes in the Memphis, TN Metro in February 2026 was $272,323. The month over month percentage change (MoM) was -0.47%, and the year over year percentage change (YoY) was 2.77%.

The chart below shows the trend of the mean sale price (nowcast) for the Memphis, TN metro. The table below shows the trend of the mean sale price (nowcast), and the MoM and YoY percentage changes for the Memphis, TN metro.

You can see similar information for other US metros, and for the United States.

Note: Mean Sale Price (Nowcast) is the mean price at which homes across varios geographies were sold. The latest month's number is the estimation after accounting for the latency between when sales occurred and when they were reported.

Data Source: Zillow.
Memphis, TN (Metro) - Trend of Mean or Average Sale Price (Nowcast) for All Homes ($)
Memphis, TN (Metro) - Trend of Mean or Average Sale Price (Nowcast) for All Homes
1 – 10 of 134
Month Mean Sale Price ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 138539 -1.07 -1.01
Feb 2015 154484 11.51 12.16
Mar 2015 156353 1.21 3.78
Apr 2015 157467 0.71 2.23
May 2015 164747 4.62 0.36
Jun 2015 173501 5.31 3.68
Jul 2015 163235 -5.92 -2.52
Aug 2015 163168 -0.04 3.11
Sep 2015 160686 -1.52 2.61
Oct 2015 154743 -3.70 3.05
Nov 2015 155285 0.35 8.05
Dec 2015 156345 0.68 11.65
Jan 2016 138703 -11.28 0.12
Feb 2016 148490 7.06 -3.88
Mar 2016 157371 5.98 0.65
Apr 2016 172424 9.57 9.50
May 2016 167700 -2.74 1.79
Jun 2016 184392 9.95 6.28
Jul 2016 181736 -1.44 11.33
Aug 2016 175435 -3.47 7.52
Sep 2016 162411 -7.42 1.07
Oct 2016 168639 3.84 8.98
Nov 2016 169079 0.26 8.88
Dec 2016 166140 -1.74 6.27
Jan 2017 150599 -9.35 8.58
Feb 2017 158243 5.08 6.57
Mar 2017 162925 2.96 3.53
Apr 2017 170936 4.92 -0.86
May 2017 181902 6.42 8.47
Jun 2017 185960 2.23 0.85
Jul 2017 196958 5.91 8.38
Aug 2017 186249 -5.44 6.16
Sep 2017 185856 -0.21 14.44
Oct 2017 178668 -3.87 5.95
Nov 2017 186309 4.28 10.19
Dec 2017 184906 -0.75 11.30
Jan 2018 170083 -8.02 12.94
Feb 2018 165412 -2.75 4.53
Mar 2018 173760 5.05 6.65
Apr 2018 183313 5.50 7.24
May 2018 200750 9.51 10.36
Jun 2018 199212 -0.77 7.13
Jul 2018 193840 -2.70 -1.58
Aug 2018 182111 -6.05 -2.22
Sep 2018 182420 0.17 -1.85
Oct 2018 176217 -3.40 -1.37
Nov 2018 175891 -0.18 -5.59
Dec 2018 174999 -0.51 -5.36
Jan 2019 169444 -3.17 -0.38
Feb 2019 178353 5.26 7.82
Mar 2019 179871 0.85 3.52
Apr 2019 183598 2.07 0.16
May 2019 206292 12.36 2.76
Jun 2019 211965 2.75 6.40
Jul 2019 207097 -2.30 6.84
Aug 2019 192759 -6.92 5.85
Sep 2019 187887 -2.53 3.00
Oct 2019 189783 1.01 7.70
Nov 2019 189170 -0.32 7.55
Dec 2019 190880 0.90 9.07
Jan 2020 179306 -6.06 5.82
Feb 2020 193420 7.87 8.45
Mar 2020 197415 2.07 9.75
Apr 2020 213334 8.06 16.20
May 2020 209723 -1.69 1.66
Jun 2020 222003 5.86 4.74
Jul 2020 221078 -0.42 6.75
Aug 2020 222581 0.68 15.47
Sep 2020 224491 0.86 19.48
Oct 2020 232946 3.77 22.74
Nov 2020 209488 -10.07 10.74
Dec 2020 215804 3.02 13.06
Jan 2021 202709 -6.07 13.05
Feb 2021 205317 1.29 6.15
Mar 2021 217974 6.17 10.41
Apr 2021 227840 4.53 6.80
May 2021 238734 4.78 13.83
Jun 2021 254914 6.78 14.83
Jul 2021 253212 -0.67 14.54
Aug 2021 251852 -0.54 13.15
Sep 2021 244499 -2.92 8.91
Oct 2021 248002 1.43 6.46
Nov 2021 251282 1.32 19.95
Dec 2021 253925 1.05 17.67
Jan 2022 234687 -7.58 15.78
Feb 2022 243879 3.92 18.78
Mar 2022 255009 4.56 16.99
Apr 2022 262057 2.76 15.02
May 2022 275745 5.22 15.50
Jun 2022 285178 3.42 11.87
Jul 2022 266771 -6.45 5.36
Aug 2022 269415 0.99 6.97
Sep 2022 272948 1.31 11.64
Oct 2022 250551 -8.21 1.03
Nov 2022 250326 -0.09 -0.38
Dec 2022 233634 -6.67 -7.99
Jan 2023 225312 -3.56 -3.99
Feb 2023 250549 11.20 2.74
Mar 2023 254537 1.59 -0.18
Apr 2023 262596 3.17 0.21
May 2023 278545 6.07 1.01
Jun 2023 289785 4.04 1.62
Jul 2023 290791 0.35 9.00
Aug 2023 275790 -5.16 2.37
Sep 2023 263744 -4.37 -3.37
Oct 2023 262669 -0.41 4.84
Nov 2023 242940 -7.51 -2.95
Dec 2023 254109 4.60 8.76
Jan 2024 224046 -11.83 -0.56
Feb 2024 249905 11.54 -0.26
Mar 2024 264112 5.69 3.76
Apr 2024 263765 -0.13 0.45
May 2024 289751 9.85 4.02
Jun 2024 295537 2.00 1.99
Jul 2024 289468 -2.05 -0.45
Aug 2024 280189 -3.21 1.60
Sep 2024 273856 -2.26 3.83
Oct 2024 281392 2.75 7.13
Nov 2024 261239 -7.16 7.53
Dec 2024 265667 1.70 4.55
Jan 2025 256198 -3.56 14.35
Feb 2025 264982 3.43 6.03
Mar 2025 272758 2.94 3.27
Apr 2025 276474 1.36 4.82
May 2025 286756 3.72 -1.03
Jun 2025 297217 3.65 0.57
Jul 2025 294501 -0.91 1.74
Aug 2025 278410 -5.46 -0.63
Sep 2025 273215 -1.87 -0.23
Oct 2025 280662 2.73 -0.26
Nov 2025 282156 0.53 8.01
Dec 2025 272633 -3.37 2.62
Jan 2026 273615 0.36 6.80
Feb 2026 272323 -0.47 2.77