Best In Tennessee Real Estate™: Memphis
2026-08-22
Is Memphis still the most affordable housing market in Tennessee?
While median home prices have risen 12% over the past year to $389K, the price-to-income ratio (4.7x) remains significantly lower than Nashville’s 6.3x and Knoxville’s 5.8x. This suggests that affordability is not just a function of price, but also wage growth. As incomes rise, how will this affect Memphis’ market dynamics? The answer could be telling for other Tennessee cities like Williamson County or Georgetown TX, where similar income trends are emerging. Source: St. Louis Fed · Published August 22, 2026 https://www.stlouisfed.org/
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Diane Hart Alexander, MBA, MHA
Designated Broker, Alexander Tiffany Southwest, LLC
Chair & CEO, ALEX
+1 713.591.9902 · [email protected]
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov



