The real estate market in Memphis has been trending upward for the last couple of years and shows no signs of slowing down. In 2021, there were over 22,000 residential properties sold in the Memphis market, a 13% increase from 2020. The median home price has also increased, currently sitting at $205,000, an almost 16% jump from 2020’s median price of $177,000. We’ve broken down the market for 2021 to review the changes, how they compared to 2020, and what this may mean for the re...
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