Memphis city: Median Home Value Trend
How Memphis city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$112,000
2023
$190,400
Total change
+$78,400
% change
+70%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $112,000 | — |
| 2019 | $126,800 | +$14,800 (13.2%) |
| 2020 | $135,000 | +$8,200 (6.5%) |
| 2021 | $150,900 | +$15,900 (11.8%) |
| 2022 | $169,300 | +$18,400 (12.2%) |
| 2023 | $190,400 | +$21,100 (12.5%) |