Memphis, TN (Metro) - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Bottom Tier Zillow home value index (ZHVI) for All Homes in the Memphis, TN Metro in February 2026 was $120,341.986. The month over month percentage change (MoM) was 0.29%, and the year over year percentage change (YoY) was -1.70%.

The chart below shows the trend of the bottom tier ZHVI for all homes in the Memphis, TN metro. The table below shows the trend of the bottom tier ZHVI, 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 Bottom Tier Zillow Home Value Index (ZHVI) for all Homes is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 5th to 35th percentile range.

Data Source: Zillow.
Memphis, TN (Metro) - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier ($)
Memphis, TN (Metro) - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier
Items per page:
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 55776.55753834269 0.49 8.88
Feb 2015 55882.318962804035 0.19 7.73
Mar 2015 55927.188674568315 0.08 6.82
Apr 2015 55925.36084176466 0.00 5.48
May 2015 56171.85239631203 0.44 4.64
Jun 2015 56469.585324767926 0.53 4.04
Jul 2015 56863.45775368888 0.70 3.73
Aug 2015 57021.70702320166 0.28 3.53
Sep 2015 57249.22008649377 0.40 3.64
Oct 2015 57559.23411305193 0.54 4.35
Nov 2015 57944.43621070972 0.67 4.82
Dec 2015 58185.277633932776 0.42 4.83
Jan 2016 58422.38606712594 0.41 4.74
Feb 2016 58592.897350733285 0.29 4.85
Mar 2016 58593.7986137066 0.00 4.77
Apr 2016 58462.01025736362 -0.22 4.54
May 2016 58323.411025277834 -0.24 3.83
Jun 2016 58459.94634656561 0.23 3.53
Jul 2016 58540.29565709225 0.14 2.95
Aug 2016 58850.88961539174 0.53 3.21
Sep 2016 59136.483957981436 0.49 3.30
Oct 2016 59646.63238924488 0.86 3.63
Nov 2016 60220.142435092945 0.96 3.93
Dec 2016 60855.76404436113 1.06 4.59
Jan 2017 61473.758154641524 1.02 5.22
Feb 2017 61988.99571581598 0.84 5.80
Mar 2017 62475.32146745489 0.79 6.62
Apr 2017 62905.83992954234 0.69 7.60
May 2017 63222.757515901816 0.50 8.40
Jun 2017 63497.44910793268 0.43 8.62
Jul 2017 63892.906146924324 0.62 9.14
Aug 2017 64518.56182979946 0.98 9.63
Sep 2017 65293.03668267743 1.20 10.41
Oct 2017 66108.22791809119 1.25 10.83
Nov 2017 66869.97468480583 1.15 11.04
Dec 2017 67547.46565902529 1.01 11.00
Jan 2018 67997.27120707514 0.67 10.61
Feb 2018 68313.88129062793 0.47 10.20
Mar 2018 68746.74911431725 0.63 10.04
Apr 2018 69422.50565084291 0.98 10.36
May 2018 70120.11745585293 1.00 10.91
Jun 2018 70597.99555473732 0.68 11.18
Jul 2018 71082.33182749026 0.69 11.25
Aug 2018 71689.7381942823 0.86 11.12
Sep 2018 72331.82091359071 0.90 10.78
Oct 2018 72880.8888049823 0.76 10.25
Nov 2018 73511.51153063004 0.87 9.93
Dec 2018 74328.42246960763 1.11 10.04
Jan 2019 75095.57274017874 1.03 10.44
Feb 2019 75758.77912743439 0.88 10.90
Mar 2019 76360.1129902119 0.79 11.08
Apr 2019 76935.77003381148 0.75 10.82
May 2019 77539.92732179434 0.79 10.58
Jun 2019 78244.14698253131 0.91 10.83
Jul 2019 78854.27156821464 0.78 10.93
Aug 2019 79189.99710865342 0.43 10.46
Sep 2019 79241.89178879384 0.07 9.55
Oct 2019 79349.9303236681 0.14 8.88
Nov 2019 79797.95450958527 0.56 8.55
Dec 2019 80550.04927829625 0.94 8.37
Jan 2020 81387.83517398198 1.04 8.38
Feb 2020 82277.18281466927 1.09 8.60
Mar 2020 83142.37591457138 1.05 8.88
Apr 2020 84333.7365546052 1.43 9.62
May 2020 85281.52444639901 1.12 9.98
Jun 2020 85984.66724535223 0.82 9.89
Jul 2020 86314.94956606836 0.38 9.46
Aug 2020 87085.67424519354 0.89 9.97
Sep 2020 88569.3372375513 1.70 11.77
Oct 2020 90629.54971984941 2.33 14.22
Nov 2020 92720.5029939174 2.31 16.19
Dec 2020 94406.74940730522 1.82 17.20
Jan 2021 96003.3428768117 1.69 17.96
Feb 2021 97576.44154305464 1.64 18.60
Mar 2021 99448.00190594107 1.92 19.61
Apr 2021 101161.42946323114 1.72 19.95
May 2021 102949.91797071102 1.77 20.72
Jun 2021 104817.13041245646 1.81 21.90
Jul 2021 106263.84741344715 1.38 23.11
Aug 2021 107074.2763942756 0.76 22.95
Sep 2021 107234.83294529625 0.15 21.07
Oct 2021 107922.65673171112 0.64 19.08
Nov 2021 109256.52406188934 1.24 17.83
Dec 2021 110855.89460600658 1.46 17.42
Jan 2022 112742.21792842995 1.70 17.44
Feb 2022 114654.0482788112 1.70 17.50
Mar 2022 116626.98125143604 1.72 17.27
Apr 2022 118413.54672017043 1.53 17.05
May 2022 120076.6158300253 1.40 16.64
Jun 2022 122041.88418701157 1.64 16.43
Jul 2022 123535.49934098417 1.22 16.25
Aug 2022 124372.92480179163 0.68 16.16
Sep 2022 124544.47462270275 0.14 16.14
Oct 2022 124603.94061011779 0.05 15.46
Nov 2022 124580.24685901182 -0.02 14.03
Dec 2022 123894.70071187876 -0.55 11.76
Jan 2023 122453.20974283373 -1.16 8.61
Feb 2023 120952.17744827278 -1.23 5.49
Mar 2023 120294.03870384693 -0.54 3.14
Apr 2023 120451.46291666036 0.13 1.72
May 2023 120958.98025795986 0.42 0.74
Jun 2023 121088.81011372841 0.11 -0.78
Jul 2023 120939.6833786316 -0.12 -2.10
Aug 2023 120479.04858941393 -0.38 -3.13
Sep 2023 119708.30066954532 -0.64 -3.88
Oct 2023 118541.02443262264 -0.97 -4.87
Nov 2023 117443.22211184766 -0.93 -5.73
Dec 2023 116750.92895335377 -0.59 -5.77
Jan 2024 116456.01658272736 -0.25 -4.90
Feb 2024 116669.64281334246 0.18 -3.54
Mar 2024 117502.61835655943 0.71 -2.32
Apr 2024 118915.5240827644 1.20 -1.27
May 2024 120273.43013170858 1.14 -0.57
Jun 2024 121079.01331274801 0.67 -0.01
Jul 2024 121285.08609988827 0.17 0.29
Aug 2024 120872.39816061419 -0.34 0.33
Sep 2024 120428.59573511888 -0.37 0.60
Oct 2024 120381.47611756466 -0.04 1.55
Nov 2024 120919.43409999124 0.45 2.96
Dec 2024 121573.92338359515 0.54 4.13
Jan 2025 122143.21598762063 0.47 4.88
Feb 2025 122421.13929032678 0.23 4.93
Mar 2025 122423.91867027496 0.00 4.19
Apr 2025 121898.11582465142 -0.43 2.51
May 2025 121010.47869041294 -0.73 0.61
Jun 2025 120180.56192275778 -0.69 -0.74
Jul 2025 119645.40266009905 -0.44 -1.35
Aug 2025 119517.70475157183 -0.11 -1.12
Sep 2025 119450.2060613623 -0.06 -0.81
Oct 2025 119427.00452894789 -0.02 -0.79
Nov 2025 119424.8328834895 0.00 -1.24
Dec 2025 119629.69914856802 0.17 -1.60
Jan 2026 119994.98475232562 0.31 -1.76
Feb 2026 120341.98581108777 0.29 -1.70