Best Neighborhoods in Memphis, Tennessee

Compare 15 neighborhood profiles side by side — schools, walkability, home prices, and vibe. Then take the short quiz to find your personal top match.

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35
Neighborhoods with 5+ sales, Oct 2025–Sep 2026
$180k
Citywide median sale price (Redfin city median, Jul–Sep 2026)
54.8%
Homeowners
37.6
Median Age
Shelby County
County

Citywide median sale price $179,914: Redfin city median, Jul–Sep 2026. Homeowner share and median age: Census ACS. Neighborhood prices below are the figure on each neighborhood's page (Redfin neighborhood sales where 5+ sales are on file).

Memphis neighborhoods with the most sales

The six neighborhoods with the most recorded sales in the window; medians and counts from the same dataset as every other page.

Cordova
$300k median · 909 sales, Oct 2025–Sep 2026 · School 8/10
See Cordova →
University District
$229k median · 829 sales, Oct 2025–Sep 2026
See University District →
Frayser-Raleigh Pd
$109k median · 690 sales, Oct 2025–Sep 2026
See Frayser-Raleigh Pd →
East Memphis
$327k median · 662 sales, Oct 2025–Sep 2026 · School 9/10
See East Memphis →
Jackson-University Area
$178k median · 457 sales, Oct 2025–Sep 2026
See Jackson-University Area →
Midtown
$263k median · 425 sales, Oct 2025–Sep 2026 · School 7/10
See Midtown →

Most Affordable Neighborhoods in Memphis

Lowest medians among neighborhoods with 5+ recorded sales, Oct 2025–Sep 2026.

NeighborhoodMedian PriceSchools
South Memphis$65k–
Frayser$73k–
South Memphis Planning Dist$75k–

All Neighborhoods in Memphis

South Memphis
$65k · 210 sales
Frayser
$73k · 345 sales
South Memphis Planning Dist
$75k · 295 sales
Lamar
$95k · 152 sales
Frayser-Raleigh Pd
$109k · 690 sales
Jackson
$116k · 255 sales
Oakhaven
$119k · 83 sales
Berclair
$120k · 80 sales
Parkway Village
$122k · 294 sales
Depot Planning District
$125k · 410 sales
North Parkway Village
$137k · 120 sales
Mc Kellar-Whitehaven-Levi Pd
$139k · 318 sales
Springhill Community Civic Club
$141k · 138 sales
Raleigh
$154k · 370 sales
Whitehaven
$160k · 183 sales
Hickory Hill
$160k · 92 sales
Jackson-University Area
$178k · 457 sales
Vollintine-Evergreen
$180k · 91 sales
Downtown Memphis
$187k · 110 sales
North Memphis
$204k · 362 sales
Colonial Acres
$225k · 117 sales
University District
$229k · 829 sales
Bridgewater
$252k · 133 sales
Wolfchase
$255k · 169 sales
Midtown
$263k · 425 sales
Sea Isle Park
$265k · 151 sales
Cordova
$300k · 909 sales
Southwind
$302k · 213 sales
Countrywood
$310k · 96 sales
East Memphis
$327k · 662 sales
Walnut Grove
$349k · 272 sales
Gray's Creek
$370k · 140 sales
Mud Island
$377k · 95 sales
East Central Shelby
$445k · 173 sales
River Oaks
$490k · 127 sales

Other area pages on this site. These places are not in Redfin’s Memphis neighborhood list; their figures come from an earlier snapshot and are not ranked.

Bartlett
$217k · not in Redfin’s list
Collierville
$322k · not in Redfin’s list
Cooper-Young
$204k · not in Redfin’s list
Downtown
$140k · not in Redfin’s list
Germantown
$366k · not in Redfin’s list
Hickory Ridge
$385k · not in Redfin’s list
Laurelwood
$595k · not in Redfin’s list
Orange Mound
$72k · not in Redfin’s list

Moving to Memphis?

Relocation guides that end here, sized with IRS migration data for 2022–23: Illinois to Tennessee (5,141 households). Each shows what an origin-city home price buys in Memphis, the tax difference and the neighborhoods at that budget.

Which Memphis Neighborhood Fits You?

Answer 4 quick questions and get your personal top 3 neighborhood matches — ranked by how well they fit your lifestyle, budget, and priorities.

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Frequently Asked Questions

What is the median home price in Memphis?

The median home price in Memphis, Tennessee is approximately $180k. Prices vary significantly by neighborhood — from under $139k in entry-level areas to over $425k in premium neighborhoods.

Which neighborhoods in Memphis have the highest-rated schools?

By school rating (GreatSchools + Niche; ratings belong to schools, not streets): East Memphis (9/10) and Cordova (8/10). Check the assigned schools for a specific address before you rely on them.

How does NeighborSeek rank neighborhoods?

NeighborSeek scores neighborhoods based on your answers to 4 questions about lifestyle, timeline, financing, and priorities. Each neighborhood receives a score based on how well its vibe, schools, walkability, and price range match your profile.

Check crime data

We don’t grade neighborhoods on crime. Look up the streets you’re considering in Memphis with the agency that patrols them: