Memphis, TN (Metro) - Trend of Total Monthly 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 Total Monthly Payments with 20% down for all homes in the Memphis, TN Metro in January 2026 was $1,693.705. The month over month percentage change (MoM) was -0.47%, and the year over year percentage change (YoY) was -5.64%.

The chart below shows the trend of the total monthly payments with 20% down for all homes in the Memphis, TN metro. The table below shows the trend of the the total monthly 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 Total Monthly Payment value is an estimate of the total monthly payment on a new home purchase with current interest rates. The total monthly payment includes the mortgage payment, homeowner’s insurance, property taxes, and maintenance costs worth 0.5% of the home’s value. 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. Homeowners insurance rates and property tax rate estimates vary by region.

Data Source: Zillow.
Memphis, TN (Metro) - Trend of Total Monthly Payments: 20% Down - All Homes - Smoothed and Seasonally Adjusted ($)
Memphis, TN (Metro) - Trend of Total Monthly Payments: 20% Down - All Homes - Smoothed and Seasonally Adjusted
1 – 10 of 169
Month Total Monthly Payment ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2012 600.9718193407316 NaN NaN
Feb 2012 600.6535301776589 -0.05 NaN
Mar 2012 606.9909774559216 1.06 NaN
Apr 2012 607.955365687681 0.16 NaN
May 2012 605.2894511513261 -0.44 NaN
Jun 2012 601.0861213986334 -0.69 NaN
Jul 2012 597.1541831862629 -0.65 NaN
Aug 2012 600.3979771832613 0.54 NaN
Sep 2012 596.0513743443851 -0.72 NaN
Oct 2012 589.6852188864088 -1.07 NaN
Nov 2012 586.9118574063858 -0.47 NaN
Dec 2012 583.8734729741545 -0.52 NaN
Jan 2013 611.0640865140011 4.66 1.68
Feb 2013 615.940117052147 0.80 2.55
Mar 2013 619.3410579651477 0.55 2.04
Apr 2013 616.7875577089479 -0.41 1.45
May 2013 624.8630026088618 1.31 3.23
Jun 2013 654.2376398649608 4.70 8.84
Jul 2013 671.2287356677258 2.60 12.41
Aug 2013 677.802439219734 0.98 12.89
Sep 2013 682.0604682180806 0.63 14.43
Oct 2013 670.4423544668734 -1.70 13.70
Nov 2013 677.5307768330857 1.06 15.44
Dec 2013 692.6915759419431 2.24 18.64
Jan 2014 698.5842727991686 0.85 14.32
Feb 2014 697.0200345416002 -0.22 13.16
Mar 2014 703.8383831384251 0.98 13.64
Apr 2014 708.2352785884216 0.63 14.83
May 2014 705.4058329893815 -0.40 12.89
Jun 2014 708.6224908368027 0.46 8.31
Jul 2014 710.6620254698744 0.29 5.88
Aug 2014 711.3492464800077 0.10 4.95
Sep 2014 714.7278664910779 0.48 4.79
Oct 2014 707.4448006921962 -1.02 5.52
Nov 2014 706.5666684613223 -0.12 4.29
Dec 2014 701.2875236606603 -0.75 1.24
Jan 2015 680.2385175286029 -3.00 -2.63
Feb 2015 684.0687637966139 0.56 -1.86
Mar 2015 688.9932490074842 0.72 -2.11
Apr 2015 685.7404383967354 -0.47 -3.18
May 2015 698.0049614236834 1.79 -1.05
Jun 2015 708.9110336093586 1.56 0.04
Jul 2015 715.9650699871572 1.00 0.75
Aug 2015 710.7961413189441 -0.72 -0.08
Sep 2015 712.9961356453445 0.31 -0.24
Oct 2015 710.5433862948493 -0.34 0.44
Nov 2015 721.9046273716986 1.60 2.17
Dec 2015 725.9149757224526 0.56 3.51
Jan 2016 726.1433816897234 0.03 6.75
Feb 2016 717.1241303761403 -1.24 4.83
Mar 2016 721.1650786581457 0.56 4.67
Apr 2016 717.4385664109191 -0.52 4.62
May 2016 717.6995197628445 0.04 2.82
Jun 2016 717.4721645001522 -0.03 1.21
Jul 2016 711.7967954590738 -0.79 -0.58
Aug 2016 714.1980147990892 0.34 0.48
Sep 2016 718.6679082306036 0.63 0.80
Oct 2016 722.8475058337881 0.58 1.73
Nov 2016 744.2001369176144 2.95 3.09
Dec 2016 774.3269931180241 4.05 6.67
Jan 2017 838.6644620685706 8.31 15.50
Feb 2017 843.3514099327288 0.56 17.60
Mar 2017 848.0830908138723 0.56 17.60
Apr 2017 842.6014028712452 -0.65 17.45
May 2017 844.1453982528876 0.18 17.62
Jun 2017 841.3762464561811 -0.33 17.27
Jul 2017 849.3340234739592 0.95 19.32
Aug 2017 848.904663190033 -0.05 18.86
Sep 2017 849.9716894601952 0.13 18.27
Oct 2017 861.5132396072588 1.36 19.18
Nov 2017 869.470120086231 0.92 16.83
Dec 2017 877.2069467003223 0.89 13.29
Jan 2018 821.7328682151099 -6.32 -2.02
Feb 2018 845.0718802057759 2.84 0.20
Mar 2018 857.0388056092283 1.42 1.06
Apr 2018 863.3888734745935 0.74 2.47
May 2018 876.8531472394711 1.56 3.88
Jun 2018 879.9704478394576 0.36 4.59
Jul 2018 881.8713757085396 0.22 3.83
Aug 2018 888.7403011477511 0.78 4.69
Sep 2018 900.0857486202088 1.28 5.90
Oct 2018 920.3540002581683 2.25 6.83
Nov 2018 929.7540633608735 1.02 6.93
Dec 2018 920.654445185065 -0.98 4.95
Jan 2019 887.3172767322862 -3.62 7.98
Feb 2019 886.3101785075232 -0.11 4.88
Mar 2019 883.9546624675554 -0.27 3.14
Apr 2019 880.1544144106222 -0.43 1.94
May 2019 879.3027845367972 -0.10 0.28
Jun 2019 864.4892697787358 -1.68 -1.76
Jul 2019 865.6675743169372 0.14 -1.84
Aug 2019 857.9252638726884 -0.89 -3.47
Sep 2019 859.4684648527402 0.18 -4.51
Oct 2019 868.498594957556 1.05 -5.63
Nov 2019 873.4354230255101 0.57 -6.06
Dec 2019 880.6318378880749 0.82 -4.35
Jan 2020 869.5543005668505 -1.26 -2.00
Feb 2020 862.4160592278106 -0.82 -2.70
Mar 2020 865.8144824898138 0.39 -2.05
Apr 2020 859.7285048544267 -0.70 -2.32
May 2020 857.8720369474636 -0.22 -2.44
Jun 2020 855.9891573618052 -0.22 -0.98
Jul 2020 850.5619032586492 -0.63 -1.74
Aug 2020 853.5877834076866 0.36 -0.51
Sep 2020 861.7351541485896 0.95 0.26
Oct 2020 870.5393219565775 1.02 0.24
Nov 2020 879.580616099302 1.04 0.70
Dec 2020 885.9186025626209 0.72 0.60
Jan 2021 904.6188827418387 2.11 4.03
Feb 2021 922.2310931614602 1.95 6.94
Mar 2021 957.6423219143715 3.84 10.61
Apr 2021 969.5733818056754 1.25 12.78
May 2021 976.5496516566513 0.72 13.83
Jun 2021 994.0879694420523 1.80 16.13
Jul 2021 998.8943658382225 0.48 17.44
Aug 2021 1005.5201705199921 0.66 17.80
Sep 2021 1016.0281830896708 1.05 17.91
Oct 2021 1037.8922570888985 2.15 19.22
Nov 2021 1048.8784634920714 1.06 19.25
Dec 2021 1064.384162602513 1.48 20.15
Jan 2022 1094.245809621612 2.81 20.96
Feb 2022 1141.5006179356546 4.32 23.78
Mar 2022 1201.5359860044969 5.26 25.47
Apr 2022 1308.4675695270894 8.90 34.95
May 2022 1354.7015780417303 3.53 38.72
Jun 2022 1405.9443069683077 3.78 41.43
Jul 2022 1405.6828700943418 -0.02 40.72
Aug 2022 1391.7162176334841 -0.99 38.41
Sep 2022 1502.7394514628577 7.98 47.90
Oct 2022 1604.0138465027126 6.74 54.55
Nov 2022 1593.1684100322702 -0.68 51.89
Dec 2022 1536.1624012704906 -3.58 44.32
Jan 2023 1595.2498058058661 3.85 45.79
Feb 2023 1588.1320987336421 -0.45 39.13
Mar 2023 1622.7058264769587 2.18 35.05
Apr 2023 1601.2864107188245 -1.32 22.38
May 2023 1617.4149370939535 1.01 19.39
Jun 2023 1659.1161851204122 2.58 18.01
Jul 2023 1679.7349117502347 1.24 19.50
Aug 2023 1714.0106463433142 2.04 23.16
Sep 2023 1732.9088731234094 1.10 15.32
Oct 2023 1787.9338873214067 3.18 11.47
Nov 2023 1763.1655536739263 -1.38 10.67
Dec 2023 1683.1117205439223 -4.54 9.57
Jan 2024 1662.835969498401 -1.20 4.24
Feb 2024 1684.909854457329 1.33 6.09
Mar 2024 1699.0158476938166 0.84 4.70
Apr 2024 1733.2013338783322 2.01 8.24
May 2024 1748.8013949916065 0.90 8.12
Jun 2024 1732.2306483123393 -0.95 4.41
Jul 2024 1721.5431006248878 -0.62 2.49
Aug 2024 1672.7770735655577 -2.83 -2.41
Sep 2024 1637.0368056794898 -2.14 -5.53
Oct 2024 1665.2296753757773 1.72 -6.86
Nov 2024 1712.8135871924126 2.86 -2.86
Dec 2024 1703.901015912922 -0.52 1.24
Jan 2025 1795.0060994915782 5.35 7.95
Feb 2025 1783.1237760030172 -0.66 5.83
Mar 2025 1760.240342111836 -1.28 3.60
Apr 2025 1768.142375310712 0.45 2.02
May 2025 1777.3159619784828 0.52 1.63
Jun 2025 1774.844382060447 -0.14 2.46
Jul 2025 1760.6704966309994 -0.80 2.27
Aug 2025 1742.0013312307915 -1.06 4.14
Sep 2025 1719.7432536402043 -1.28 5.05
Oct 2025 1706.6518028150167 -0.76 2.49
Nov 2025 1705.2730993364596 -0.08 -0.44
Dec 2025 1701.7254722353005 -0.21 -0.13
Jan 2026 1693.7047132237715 -0.47 -5.64