Memphis, TN

Median sale price · 2026-05

$208K

+8.5% year-over-year

Rolling 3-month median sale price vs. same 3 months one year prior.

Strength 4 / 5

$520K

Germantown avg sale price crossed $500K — now $520K

Crossing $500K is a narrative hinge — buyer shopping-by-price bands and seller list-price anchoring both reset when a market moves past a round number.

Strength 4 / 5

$555K

Collierville avg sale price crossed $500K — now $555K

Crossing $500K is a narrative hinge — buyer shopping-by-price bands and seller list-price anchoring both reset when a market moves past a round number.

Strength 4 / 5

$475K

Arlington avg sale price fell back under $500K — now $475K

Dropping back below $500K re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.