Memphis, Tennessee · Shelby County

Downtown Memphis Neighborhood Guide

Downtown Memphis is a neighborhood in Memphis.
$187k
Median Price
Where the $187k median comes from

Redfin neighborhood sale median for Jul–Sep 2026 for Downtown Memphis; 110 homes sold there over the 12 months Oct 2025–Sep 2026. One figure for the whole neighborhood; individual homes sell above and below it. We do not publish a low/high range because we do not have a sourced one.

About Downtown Memphis

Downtown Memphis is a neighborhood in Memphis, Tennessee with a Urban, Walkable vibe.

Nearby Neighborhoods in Memphis

Jackson-University Area
$178k
University District
$229k
Downtown
$140k
East Central Shelby
$445k
North Memphis
$204k
Cooper-Young
$204k
Hickory Hill
$160k
Whitehaven
$160k

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Frequently Asked Questions

What is the median home price in Downtown Memphis?

The median sale price in Downtown Memphis is approximately $187k (Redfin neighborhood sale median, Jul–Sep 2026). Individual homes sell above and below that figure depending on size, condition and exact location.

How are the schools in Downtown Memphis?

We do not have a school rating for Downtown Memphis. Check assigned schools for any specific address with the district.

What is Downtown Memphis known for?

Downtown Memphis is a neighborhood in Memphis.

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: