Memphis, TN (Metro) - Trend of Mortgage Payments: 20% Down - All Homes - Smoothed and Seasonally Adjusted (Zillow)
According to data from Zillow.com, the smoothed and seasonally adjusted Mortgage Payments with 20% down for all homes in the Memphis, TN Metro in February 2026 was $1,161.715. The month over month percentage change (MoM) was -0.35%, and the year over year percentage change (YoY) was -8.28%.
The chart below shows the trend of the mortgage payments with 20% down for all homes in the Memphis, TN metro. The table below shows the trend of the the mortgage payments with 20% down, and the MoM and YoY percentage changes for all homes in the Memphis, TN metro.
You can see similar information for other US metros, and for the United States.
Note: The Mortgage Payment value is an estimate of the monthly mortgage payment on a new home purchase with the average interest rate of that month. The home value is estimated using smoothed and seasonally adjusted ZHVI. If the down payment is less than 20%, the monthly mortgage payment includes 1% mortgage insurance.
| Month | Mortgage Payment ($) | MoM Perc. Change (%) | YoY Perc. Change (%) |
|---|---|---|---|
| Jan 2015 | 442.93931194236853 | -1.99 | -4.07 |
| Feb 2015 | 446.2746194147668 | 0.75 | -2.61 |
| Mar 2015 | 450.7187717642121 | 1.00 | -2.73 |
| Apr 2015 | 446.7945888015048 | -0.87 | -4.13 |
| May 2015 | 458.32796959524677 | 2.58 | -0.64 |
| Jun 2015 | 468.51563189354505 | 2.22 | 1.25 |
| Jul 2015 | 474.5714193622206 | 1.29 | 2.40 |
| Aug 2015 | 468.2713920067336 | -1.33 | 1.01 |
| Sep 2015 | 469.36078037057575 | 0.23 | 0.57 |
| Oct 2015 | 465.79143089556425 | -0.76 | 1.42 |
| Nov 2015 | 476.1344498424303 | 2.22 | 3.98 |
| Dec 2015 | 479.1166984580899 | 0.63 | 6.01 |
| Jan 2016 | 475.94003447623044 | -0.66 | 7.45 |
| Feb 2016 | 465.67312581290753 | -2.16 | 4.35 |
| Mar 2016 | 468.83333805761316 | 0.68 | 4.02 |
| Apr 2016 | 464.31959796098977 | -0.96 | 3.92 |
| May 2016 | 464.0235324514652 | -0.06 | 1.24 |
| Jun 2016 | 462.98444392558497 | -0.22 | -1.18 |
| Jul 2016 | 456.61318009548984 | -1.38 | -3.78 |
| Aug 2016 | 458.3130726072973 | 0.37 | -2.13 |
| Sep 2016 | 462.01639297921304 | 0.81 | -1.56 |
| Oct 2016 | 465.2926796834725 | 0.71 | -0.11 |
| Nov 2016 | 485.8582581138983 | 4.42 | 2.04 |
| Dec 2016 | 515.185670703468 | 6.04 | 7.53 |
| Jan 2017 | 515.2302388884441 | 0.01 | 8.26 |
| Feb 2017 | 518.8310441151074 | 0.70 | 11.42 |
| Mar 2017 | 522.6674560137984 | 0.74 | 11.48 |
| Apr 2017 | 515.9261927873466 | -1.29 | 11.11 |
| May 2017 | 516.3123209216382 | 0.08 | 11.27 |
| Jun 2017 | 512.3148448809084 | -0.77 | 10.66 |
| Jul 2017 | 518.9943500307547 | 1.30 | 13.66 |
| Aug 2017 | 516.8056468789827 | -0.42 | 12.76 |
| Sep 2017 | 515.9021560886927 | -0.17 | 11.66 |
| Oct 2017 | 525.536873395437 | 1.87 | 12.95 |
| Nov 2017 | 531.4520503014157 | 1.13 | 9.38 |
| Dec 2017 | 537.2394760111733 | 1.09 | 4.28 |
| Jan 2018 | 546.1182655923708 | 1.65 | 6.00 |
| Feb 2018 | 568.5909189927322 | 4.12 | 9.59 |
| Mar 2018 | 579.4557125973923 | 1.91 | 10.87 |
| Apr 2018 | 584.5446277999922 | 0.88 | 13.30 |
| May 2018 | 596.6964714856379 | 2.08 | 15.57 |
| Jun 2018 | 598.6479993224484 | 0.33 | 16.85 |
| Jul 2018 | 599.0596788835838 | 0.07 | 15.43 |
| Aug 2018 | 604.1795438469342 | 0.86 | 16.91 |
| Sep 2018 | 613.7061748767826 | 1.58 | 18.96 |
| Oct 2018 | 632.2786499228115 | 3.03 | 20.31 |
| Nov 2018 | 639.6722637828898 | 1.17 | 20.36 |
| Dec 2018 | 628.2174265390081 | -1.79 | 16.93 |
| Jan 2019 | 620.2236626108711 | -1.27 | 13.57 |
| Feb 2019 | 617.4419600598799 | -0.45 | 8.59 |
| Mar 2019 | 613.3970973238272 | -0.65 | 5.86 |
| Apr 2019 | 607.8993414348607 | -0.90 | 4.00 |
| May 2019 | 605.534790630093 | -0.39 | 1.48 |
| Jun 2019 | 588.9974015028237 | -2.73 | -1.61 |
| Jul 2019 | 589.4315712726922 | 0.07 | -1.61 |
| Aug 2019 | 581.8701893849116 | -1.28 | -3.69 |
| Sep 2019 | 583.7881475265893 | 0.33 | -4.87 |
| Oct 2019 | 593.1172932185392 | 1.60 | -6.19 |
| Nov 2019 | 598.0305967550371 | 0.83 | -6.51 |
| Dec 2019 | 605.0330120944457 | 1.17 | -3.69 |
| Jan 2020 | 602.974624232534 | -0.34 | -2.78 |
| Feb 2020 | 595.6858712478052 | -1.21 | -3.52 |
| Mar 2020 | 599.0444612669594 | 0.56 | -2.34 |
| Apr 2020 | 592.8160203723133 | -1.04 | -2.48 |
| May 2020 | 591.0516768880948 | -0.30 | -2.39 |
| Jun 2020 | 589.3119928629486 | -0.29 | 0.05 |
| Jul 2020 | 582.3245134436467 | -1.19 | -1.21 |
| Aug 2020 | 581.733417378365 | -0.10 | -0.02 |
| Sep 2020 | 585.7993285975869 | 0.70 | 0.35 |
| Oct 2020 | 590.1907613790545 | 0.75 | -0.49 |
| Nov 2020 | 594.5306010527295 | 0.74 | -0.58 |
| Dec 2020 | 596.4989612117556 | 0.33 | -1.41 |
| Jan 2021 | 608.5129422676226 | 2.01 | 0.92 |
| Feb 2021 | 622.100347099662 | 2.23 | 4.43 |
| Mar 2021 | 653.3509838604512 | 5.02 | 9.07 |
| Apr 2021 | 660.7554943803884 | 1.13 | 11.46 |
| May 2021 | 662.8486032478891 | 0.32 | 12.15 |
| Jun 2021 | 675.3125810986984 | 1.88 | 14.59 |
| Jul 2021 | 676.4106115990922 | 0.16 | 16.16 |
| Aug 2021 | 681.6055704314773 | 0.77 | 17.17 |
| Sep 2021 | 691.4567147383715 | 1.45 | 18.04 |
| Oct 2021 | 712.4749139519073 | 3.04 | 20.72 |
| Nov 2021 | 721.654010614762 | 1.29 | 21.38 |
| Dec 2021 | 735.0355358655613 | 1.85 | 23.23 |
| Jan 2022 | 780.5314127474211 | 6.19 | 28.27 |
| Feb 2022 | 825.6840157787542 | 5.79 | 32.73 |
| Mar 2022 | 883.4866241024674 | 7.00 | 35.22 |
| Apr 2022 | 988.6779862432777 | 11.91 | 49.63 |
| May 2022 | 1032.892064632143 | 4.47 | 55.83 |
| Jun 2022 | 1082.4031466180945 | 4.79 | 60.28 |
| Jul 2022 | 1079.5043108879017 | -0.27 | 59.59 |
| Aug 2022 | 1062.0795897204496 | -1.61 | 55.82 |
| Sep 2022 | 1171.7795998826807 | 10.33 | 69.47 |
| Oct 2022 | 1271.8314496822468 | 8.54 | 78.51 |
| Nov 2022 | 1258.7244522039423 | -1.03 | 74.42 |
| Dec 2022 | 1199.3697956721944 | -4.71 | 63.17 |
| Jan 2023 | 1181.7268814322742 | -1.47 | 51.40 |
| Feb 2023 | 1173.749995551397 | -0.67 | 42.16 |
| Mar 2023 | 1207.0295273537656 | 2.84 | 36.62 |
| Apr 2023 | 1182.8755614882225 | -2.00 | 19.64 |
| May 2023 | 1196.1885469256317 | 1.13 | 15.81 |
| Jun 2023 | 1235.4036589230357 | 3.28 | 14.14 |
| Jul 2023 | 1253.4981330314804 | 1.47 | 16.12 |
| Aug 2023 | 1285.3617183579552 | 2.54 | 21.02 |
| Sep 2023 | 1302.1308883715856 | 1.31 | 11.12 |
| Oct 2023 | 1355.7262786952294 | 4.12 | 6.60 |
| Nov 2023 | 1329.087210543039 | -1.96 | 5.59 |
| Dec 2023 | 1246.3218190358239 | -6.23 | 3.92 |
| Jan 2024 | 1224.4384034856707 | -1.76 | 3.61 |
| Feb 2024 | 1244.4952202701102 | 1.64 | 6.03 |
| Mar 2024 | 1255.8941187681828 | 0.92 | 4.05 |
| Apr 2024 | 1285.3632943947273 | 2.35 | 8.66 |
| May 2024 | 1299.228095568521 | 1.08 | 8.61 |
| Jun 2024 | 1282.0033435168532 | -1.33 | 3.77 |
| Jul 2024 | 1271.1092033451841 | -0.85 | 1.41 |
| Aug 2024 | 1222.6746012496094 | -3.81 | -4.88 |
| Sep 2024 | 1178.5531913978532 | -3.61 | -9.49 |
| Oct 2024 | 1207.4386929330246 | 2.45 | -10.94 |
| Nov 2024 | 1255.406145066251 | 3.97 | -5.54 |
| Dec 2024 | 1245.5653539454688 | -0.78 | -0.06 |
| Jan 2025 | 1279.4721554605867 | 2.72 | 4.50 |
| Feb 2025 | 1266.5461349017303 | -1.01 | 1.77 |
| Mar 2025 | 1241.9980831851703 | -1.94 | -1.11 |
| Apr 2025 | 1250.169510482871 | 0.66 | -2.74 |
| May 2025 | 1259.7157767897336 | 0.76 | -3.04 |
| Jun 2025 | 1257.668299034148 | -0.16 | -1.90 |
| Jul 2025 | 1243.1786372267875 | -1.15 | -2.20 |
| Aug 2025 | 1224.4213985345111 | -1.51 | 0.14 |
| Sep 2025 | 1193.3645592712496 | -2.54 | 1.26 |
| Oct 2025 | 1180.2335543289316 | -1.10 | -2.25 |
| Nov 2025 | 1178.623979524959 | -0.14 | -6.12 |
| Dec 2025 | 1174.5232583039478 | -0.35 | -5.70 |
| Jan 2026 | 1165.8003329400206 | -0.74 | -8.88 |
| Feb 2026 | 1161.714923209725 | -0.35 | -8.28 |