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
$94,200
2023
$157,100
Total change
+$62,900
% change
+66.8%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $94,200 | — |
| 2019 | $101,800 | +$7,600 (8.1%) |
| 2020 | $107,100 | +$5,300 (5.2%) |
| 2021 | $113,700 | +$6,600 (6.2%) |
| 2022 | $139,600 | +$25,900 (22.8%) |
| 2023 | $157,100 | +$17,500 (12.5%) |