Memphis, TN (Metro) - Trend of Mortgage Payments: 20% Down - All Homes - Smoothed and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

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.

Data Source: Zillow.
Memphis, TN (Metro) - Trend of Mortgage Payments: 20% Down - All Homes - Smoothed and Seasonally Adjusted ($)
Memphis, TN (Metro) - Trend of Mortgage Payments: 20% Down - All Homes - Smoothed and Seasonally Adjusted
1 – 10 of 134
Month Mortgage Payment ($) 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