Memphis, TN (Metro) - Trend of Mortgage Payments: 5% 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 5% down for all homes in the Memphis, TN Metro in February 2026 was $1,570.31. The month over month percentage change (MoM) was -0.28%, and the year over year percentage change (YoY) was -7.38%.

The chart below shows the trend of the mortgage payments with 5% down for all homes in the Memphis, TN metro. The table below shows the trend of the the mortgage payments with 5% 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: 5% Down - All Homes - Smoothed and Seasonally Adjusted ($)
Memphis, TN (Metro) - Trend of Mortgage Payments: 5% Down - All Homes - Smoothed and Seasonally Adjusted
1 – 10 of 134
Month Mortgage Payment ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 621.5719846959774 -1.64 -2.76
Feb 2015 625.7799272732491 0.68 -1.57
Mar 2015 631.3023449971126 0.88 -1.73
Apr 2015 626.9583215164375 -0.69 -2.98
May 2015 641.1285311208953 2.26 -0.01
Jun 2015 653.6814768897123 1.96 1.58
Jul 2015 661.3782388939095 1.18 2.56
Aug 2015 654.2583040641969 -1.08 1.39
Sep 2015 655.959868095279 0.26 1.06
Oct 2015 652.0987796076076 -0.59 1.87
Nov 2015 664.7913192034163 1.95 4.08
Dec 2015 668.6952038756014 0.59 5.82
Jan 2016 665.3677380571428 -0.50 7.05
Feb 2016 653.5979091479496 -1.77 4.45
Mar 2016 657.6105584046069 0.61 4.17
Apr 2016 652.3811307691656 -0.79 4.06
May 2016 652.0275379329505 -0.05 1.70
Jun 2016 650.9671740077529 -0.16 -0.41
Jul 2016 643.6090416818071 -1.13 -2.69
Aug 2016 646.0685837770451 0.38 -1.25
Sep 2016 650.9695672656203 0.76 -0.76
Oct 2016 655.4574918593605 0.69 0.52
Nov 2016 680.5207080302725 3.82 2.37
Dec 2016 716.0617086193325 5.22 7.08
Jan 2017 716.7237449348812 0.09 7.72
Feb 2017 721.5118233029893 0.67 10.39
Mar 2017 726.4859776987151 0.69 10.47
Apr 2017 719.0244117336965 -1.03 10.22
May 2017 720.0126450705123 0.14 10.43
Jun 2017 715.8078752877545 -0.58 9.96
Jul 2017 724.306031426227 1.19 12.54
Aug 2017 722.3989730284138 -0.26 11.82
Sep 2017 722.1323418863643 -0.04 10.93
Oct 2017 734.4022776621695 1.70 12.04
Nov 2017 742.3032273492865 1.08 9.08
Dec 2017 750.0059166673656 1.04 4.74
Jan 2018 761.271509475043 1.50 6.22
Feb 2018 788.4979100505773 3.58 9.28
Mar 2018 802.0213100173316 1.72 10.40
Apr 2018 808.7477699125639 0.84 12.48
May 2018 823.9486163585191 1.88 14.44
Jun 2018 826.8597671559772 0.35 15.51
Jul 2018 828.0065126485663 0.14 14.32
Aug 2018 834.7738452943255 0.82 15.56
Sep 2018 846.8640111526355 1.45 17.27
Oct 2018 869.6753249688835 2.69 18.42
Nov 2018 879.3487396427222 1.11 18.46
Dec 2018 866.747776713944 -1.43 15.57
Jan 2019 858.161581131678 -0.99 12.73
Feb 2019 855.6616343532851 -0.29 8.52
Mar 2019 851.5796787817595 -0.48 6.18
Apr 2019 845.7445645217317 -0.68 4.58
May 2019 843.503133882796 -0.26 2.37
Jun 2019 824.4853505063832 -2.25 -0.29
Jul 2019 825.6682980520792 0.14 -0.28
Aug 2019 817.370914939979 -1.00 -2.08
Sep 2019 820.2375550924527 0.35 -3.14
Oct 2019 832.0320098579667 1.44 -4.33
Nov 2019 838.813685230461 0.82 -4.61
Dec 2019 848.236393107674 1.12 -2.14
Jan 2020 846.8876635658977 -0.16 -1.31
Feb 2020 839.2243732265894 -0.90 -1.92
Mar 2020 844.2041539755089 0.59 -0.87
Apr 2020 837.8179792106575 -0.76 -0.94
May 2020 836.5657928333827 -0.15 -0.82
Jun 2020 835.2978325147534 -0.15 1.31
Jul 2020 827.9134465347789 -0.88 0.27
Aug 2020 828.4943231470314 0.07 1.36
Sep 2020 835.0893506263988 0.80 1.81
Oct 2020 842.3676447303121 0.87 1.24
Nov 2020 849.8401961435648 0.89 1.32
Dec 2020 854.1806833363037 0.51 0.70
Jan 2021 870.4011330449645 1.90 2.78
Feb 2021 888.3748975402895 2.07 5.86
Mar 2021 927.6017968315853 4.42 9.88
Apr 2021 938.554986182389 1.18 12.02
May 2021 943.4645877724777 0.52 12.78
Jun 2021 960.9502445523674 1.85 15.04
Jul 2021 964.7176838822716 0.39 16.52
Aug 2021 972.6629504246694 0.82 17.40
Sep 2021 985.4981104763691 1.32 18.01
Oct 2021 1011.8600826474478 2.68 20.12
Nov 2021 1024.8962770818416 1.29 20.60
Dec 2021 1043.23784809094 1.79 22.13
Jan 2022 1100.072806878811 5.45 26.39
Feb 2022 1156.6616472661476 5.14 30.20
Mar 2022 1228.5231647961302 6.21 32.44
Apr 2022 1356.6728401990217 10.43 44.55
May 2022 1412.0759505645867 4.08 49.67
Jun 2022 1473.5449554977406 4.35 53.34
Jul 2022 1471.8878885260406 -0.11 52.57
Aug 2022 1452.1392449351354 -1.34 49.30
Sep 2022 1582.5941871373543 8.98 60.59
Oct 2022 1701.399596275999 7.51 68.15
Nov 2022 1685.7045362369158 -0.92 64.48
Dec 2022 1614.7154309892621 -4.21 54.78
Jan 2023 1592.7777693566482 -1.36 44.79
Feb 2023 1582.3243670481156 -0.66 36.80
Mar 2023 1621.4614475163319 2.47 31.99
Apr 2023 1592.9336224948215 -1.76 17.42
May 2023 1609.2230154180218 1.02 13.96
Jun 2023 1656.228134894957 2.92 12.40
Jul 2023 1678.027397545166 1.32 14.01
Aug 2023 1716.1726111956705 2.27 18.18
Sep 2023 1736.1138723874633 1.16 9.70
Oct 2023 1799.5644320034733 3.66 5.77
Nov 2023 1767.4672950271433 -1.78 4.85
Dec 2023 1668.9017382578888 -5.58 3.36
Jan 2024 1642.9127806748475 -1.56 3.15
Feb 2024 1667.2091334172374 1.48 5.37
Mar 2024 1681.6225214659573 0.87 3.71
Apr 2024 1717.7010793461084 2.15 7.83
May 2024 1734.9181550406818 1.00 7.81
Jun 2024 1714.6652328409564 -1.17 3.53
Jul 2024 1701.4560967474654 -0.77 1.40
Aug 2024 1643.3514360217457 -3.41 -4.24
Sep 2024 1590.3582377627408 -3.22 -8.40
Oct 2024 1624.298022049031 2.13 -9.74
Nov 2024 1681.2606046164256 3.51 -4.88
Dec 2024 1669.8316920578588 -0.68 0.06
Jan 2025 1710.4938712255002 2.44 4.11
Feb 2025 1695.4456583599954 -0.88 1.69
Mar 2025 1666.3256609555078 -1.72 -0.91
Apr 2025 1675.807680884369 0.57 -2.44
May 2025 1686.8175846121087 0.66 -2.77
Jun 2025 1684.0467378025262 -0.16 -1.79
Jul 2025 1666.5342965059494 -1.04 -2.05
Aug 2025 1643.966472125217 -1.35 0.04
Sep 2025 1606.859407461503 -2.26 1.04
Oct 2025 1591.1348700710378 -0.98 -2.04
Nov 2025 1589.2953057836562 -0.12 -5.47
Dec 2025 1584.7186196917341 -0.29 -5.10
Jan 2026 1574.7111871539535 -0.63 -7.94
Feb 2026 1570.3095963329838 -0.28 -7.38