Memphis, TN (Metro) - Trend of Total Monthly 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 Total Monthly Payments with 5% down for all homes in the Memphis, TN Metro in February 2026 was $2,109.49. The month over month percentage change (MoM) was -0.17%, and the year over year percentage change (YoY) was -5.12%.

The chart below shows the trend of the total monthly payments with 5% down for all homes in the Memphis, TN metro. The table below shows the trend of the the total monthly 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 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: 5% Down - All Homes - Smoothed and Seasonally Adjusted ($)
Memphis, TN (Metro) - Trend of Total Monthly Payments: 5% Down - All Homes - Smoothed and Seasonally Adjusted
1 – 10 of 170
Month Total Monthly Payment ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2012 768.1498896789434 NaN NaN
Feb 2012 767.9094601650637 -0.03 NaN
Mar 2012 775.9528861941202 1.05 NaN
Apr 2012 777.544321835341 0.21 NaN
May 2012 774.7499660802893 -0.36 NaN
Jun 2012 769.9811713189576 -0.62 NaN
Jul 2012 765.5409265426988 -0.58 NaN
Aug 2012 769.4483804717481 0.51 NaN
Sep 2012 764.2668662405819 -0.67 NaN
Oct 2012 756.4510784566207 -1.02 NaN
Nov 2012 752.8689880136092 -0.47 NaN
Dec 2012 748.7736730429133 -0.54 NaN
Jan 2013 776.0359614294408 3.64 1.03
Feb 2013 781.7161260841499 0.73 1.80
Mar 2013 785.9451697104782 0.54 1.29
Apr 2013 783.2019634538377 -0.35 0.73
May 2013 793.2552768644528 1.28 2.39
Jun 2013 828.7346652010713 4.47 7.63
Jul 2013 849.1296902731682 2.46 10.92
Aug 2013 856.9741531770342 0.92 11.38
Sep 2013 862.0865895003219 0.60 12.80
Oct 2013 848.321530852088 -1.60 12.15
Nov 2013 856.9824382919398 1.02 13.83
Dec 2013 875.394923789085 2.15 16.91
Jan 2014 882.2663728662669 0.79 13.69
Feb 2014 880.7221985731497 -0.17 12.67
Mar 2014 889.1562614898668 0.96 13.13
Apr 2014 894.6767624656172 0.62 14.23
May 2014 891.5778910629779 -0.35 12.40
Jun 2014 895.7062191280052 0.46 8.08
Jul 2014 898.407229821211 0.30 5.80
Aug 2014 899.3395247790997 0.10 4.94
Sep 2014 903.4181336202689 0.45 4.79
Oct 2014 894.582603747727 -0.98 5.45
Nov 2014 893.6074194310269 -0.11 4.27
Dec 2014 887.4410717604937 -0.69 1.38
Jan 2015 864.8267393769776 -2.55 -1.98
Feb 2015 869.5676361468426 0.55 -1.27
Mar 2015 875.6198193680368 0.70 -1.52
Apr 2015 871.911213354598 -0.42 -2.54
May 2015 886.9385178082443 1.72 -0.52
Jun 2015 900.3216520257918 1.51 0.52
Jul 2015 909.086503676783 0.97 1.19
Aug 2015 903.0378354981444 -0.66 0.41
Sep 2015 905.867151300008 0.31 0.27
Oct 2015 903.0912621567102 -0.31 0.95
Nov 2015 916.9147577585925 1.53 2.61
Dec 2015 921.8827770476556 0.54 3.88
Jan 2016 921.9567592835174 0.01 6.61
Feb 2016 911.3347672345524 -1.15 4.80
Mar 2016 916.2646014756754 0.54 4.64
Apr 2016 911.7777099315219 -0.49 4.57
May 2016 911.97804913505 0.02 2.82
Jun 2016 911.7212368081332 -0.03 1.27
Jul 2016 904.9962584075606 -0.74 -0.45
Aug 2016 908.1811545496851 0.35 0.57
Sep 2016 913.8943418964298 0.63 0.89
Oct 2016 919.3281793326636 0.60 1.80
Nov 2016 945.4002328476429 2.84 3.11
Dec 2016 982.0540116961474 3.88 6.53
Jan 2017 1047.6817344305043 6.68 13.64
Feb 2017 1053.6038963204544 0.56 15.61
Mar 2017 1059.5217249988366 0.56 15.64
Apr 2017 1053.261543807662 -0.59 15.52
May 2017 1055.4227592193777 0.21 15.73
Jun 2017 1052.416425622796 -0.28 15.43
Jul 2017 1062.2737227674993 0.94 17.38
Aug 2017 1062.1179436841155 -0.01 16.95
Sep 2017 1063.8294372269595 0.16 16.41
Oct 2017 1078.1231047667613 1.34 17.27
Nov 2017 1088.1452558488231 0.93 15.10
Dec 2017 1097.874546704516 0.89 11.79
Jan 2018 1044.202129602796 -4.89 -0.33
Feb 2018 1072.5349778674408 2.71 1.80
Mar 2018 1087.2819428998928 1.38 2.62
Apr 2018 1095.3322664485133 0.74 3.99
May 2018 1111.9824833343903 1.52 5.36
Jun 2018 1116.0883872819024 0.37 6.05
Jul 2018 1118.7384147920561 0.24 5.32
Aug 2018 1127.3178997612408 0.77 6.14
Sep 2018 1141.3368144262713 1.24 7.29
Oct 2018 1166.0469373516187 2.17 8.15
Nov 2018 1177.8164356329755 1.01 8.24
Dec 2018 1167.4673012955113 -0.88 6.34
Jan 2019 1133.181005325172 -2.94 8.52
Feb 2019 1132.436984419523 -0.07 5.59
Mar 2019 1130.0116278979965 -0.21 3.93
Apr 2019 1125.8259226824543 -0.37 2.78
May 2019 1125.0800801653768 -0.07 1.18
Jun 2019 1107.6231605354428 -1.55 -0.76
Jul 2019 1109.563072006554 0.18 -0.82
Aug 2019 1101.015205628344 -0.77 -2.33
Sep 2019 1103.5342604345233 0.23 -3.31
Oct 2019 1115.1349895118087 1.05 -4.37
Nov 2019 1122.002769572549 0.62 -4.74
Dec 2019 1131.7056332855223 0.87 -3.06
Jan 2020 1121.2336268701897 -0.92 -1.05
Feb 2020 1113.6572575441942 -0.68 -1.66
Mar 2020 1118.723220019377 0.46 -1.00
Apr 2020 1112.4270786477198 -0.56 -1.19
May 2020 1111.0744685371837 -0.12 -1.25
Jun 2020 1109.6547377769375 -0.13 0.18
Jul 2020 1103.7691695336312 -0.53 -0.52
Aug 2020 1107.976013979883 0.38 0.63
Sep 2020 1118.7152768015621 0.97 1.38
Oct 2020 1130.4759346945418 1.05 1.38
Nov 2020 1142.7220434616102 1.08 1.85
Dec 2020 1151.4760536990714 0.77 1.75
Jan 2021 1174.5553478988954 2.00 4.76
Feb 2021 1196.716178803434 1.89 7.46
Mar 2021 1240.4516451178283 3.66 10.88
Apr 2021 1256.0336388183996 1.26 12.91
May 2021 1265.8769582992923 0.78 13.93
Jun 2021 1288.5977158854153 1.80 16.13
Jul 2021 1296.1142741762392 0.58 17.43
Aug 2021 1305.5652393176254 0.73 17.83
Sep 2021 1319.1725675806622 1.04 17.92
Oct 2021 1346.614203153741 2.08 19.12
Nov 2021 1361.5777967313697 1.11 19.15
Dec 2021 1382.2109872000183 1.52 20.04
Jan 2022 1423.7290438656476 3.00 21.21
Feb 2022 1482.9186184400967 4.16 23.92
Mar 2022 1557.6447764430322 5.04 25.57
Apr 2022 1688.6560526637043 8.41 34.44
May 2022 1746.5671566440215 3.43 37.97
Jun 2022 1810.308132785082 3.65 40.49
Jul 2022 1811.277929781111 0.05 39.75
Aug 2022 1794.8176724548323 -0.91 37.47
Sep 2022 1927.7306472176115 7.41 46.13
Oct 2022 2048.7916915156957 6.28 52.14
Nov 2022 2035.2214287931056 -0.66 49.48
Dec 2022 1965.962570152507 -3.40 42.23
Jan 2023 2021.345985454027 2.82 41.98
Feb 2023 2011.6546762489224 -0.48 35.66
Mar 2023 2052.4238680487842 2.03 31.77
Apr 2023 2026.3834995417528 -1.27 20.00
May 2023 2045.6331104263752 0.95 17.12
Jun 2023 2095.53586806075 2.44 15.76
Jul 2023 2120.050912385385 1.17 17.05
Aug 2023 2160.9419142159763 1.93 20.40
Sep 2023 2183.185812355341 1.03 13.25
Oct 2023 2248.616523478046 3.00 9.75
Nov 2023 2218.108090712355 -1.36 8.99
Dec 2023 2121.3952137538668 -4.36 7.91
Jan 2024 2096.800335725239 -1.16 3.73
Feb 2024 2123.3280833122917 1.26 5.55
Mar 2024 2140.579490921123 0.81 4.30
Apr 2024 2181.694996477815 1.92 7.66
May 2024 2200.801843360752 0.88 7.59
Jun 2024 2181.0280957531586 -0.90 4.08
Jul 2024 2167.908953299724 -0.60 2.26
Aug 2024 2108.963853089159 -2.72 -2.40
Sep 2024 2063.8871637160682 -2.14 -5.46
Oct 2024 2097.4271433227727 1.63 -6.72
Nov 2024 2154.501526363253 2.72 -2.87
Dec 2024 2143.903088334553 -0.49 1.06
Jan 2025 2237.566445362323 4.37 6.71
Feb 2025 2223.4258132917057 -0.63 4.71
Mar 2025 2195.716675449493 -1.25 2.58
Apr 2025 2205.015621108525 0.42 1.07
May 2025 2215.7542790023904 0.49 0.68
Jun 2025 2212.5411597461966 -0.14 1.45
Jul 2025 2195.1975505580285 -0.78 1.26
Aug 2025 2172.526679020098 -1.03 3.01
Sep 2025 2143.89367834085 -1.32 3.88
Oct 2025 2128.0742526488316 -0.74 1.46
Nov 2025 2126.449058423792 -0.08 -1.30
Dec 2025 2122.50701793409 -0.18 -1.00
Jan 2026 2113.1108480659373 -0.44 -5.56
Feb 2026 2109.4896680382167 -0.17 -5.12