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
$46,700
2023
$74,700
Total change
+$28,000
% change
+60%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $46,700 | — |
| 2019 | $51,700 | +$5,000 (10.7%) |
| 2020 | $59,500 | +$7,800 (15.1%) |
| 2021 | $63,500 | +$4,000 (6.7%) |
| 2022 | $71,700 | +$8,200 (12.9%) |
| 2023 | $74,700 | +$3,000 (4.2%) |