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
$63,700
2023
$117,200
Total change
+$53,500
% change
+84%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $63,700 | — |
| 2019 | $67,300 | +$3,600 (5.7%) |
| 2020 | $70,000 | +$2,700 (4%) |
| 2021 | $76,700 | +$6,700 (9.6%) |
| 2022 | $88,100 | +$11,400 (14.9%) |
| 2023 | $117,200 | +$29,100 (33%) |