Best In Tennessee Real Estate™: Memphis
2026-09-19
🏆 Ranked #1 in Home Value to Income Ratio — Covington, TN — ALEX Intelligence, 2026.
Covington’s 4.4x ratio is the highest in the Memphis metro, revealing a growing divide in housing affordability. While Memphis as a whole remains relatively accessible, this ranking shows that wealth concentration is shifting to the suburbs. The data here comes directly from ALEX Intelligence’s latest analysis: https://alex-companies.com/data/2026-09-19-memphis-value-to-income-place-mkt
What does this mean for long-term investment in Memphis? Are we seeing a new kind of economic segregation? How can policy respond to this rising barrier to entry?
Home Value to Income Ratio by City in Memphis Metro (ALEX Intelligence — 2026)
#1 Covington <- this market
#2 Millington
#3 Atoka
#4 Collierville
#5 Lakeland
#6 Memphis
#7 Oakland
#8 Arlington
#9 Germantown
#10 Bartlett
Source: https://alex-companies.com/data/2026-09-19-memphis-value-to-income-place-mkt
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Real Estate Strategy & Intelligence Leader. Democratized Blue Ocean Strategist & Operator.
Diane Hart Alexander, MBA, MHA
Chair & CEO, ALEX Companies
Designated Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al.
Texas License #574877-B · Broker License #565194-BB
[email protected] · +1 713.591.9902
Source data: Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024 · ALEX Intelligence computation
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