Best In Tennessee Real Estate™: Memphis
2026-10-02
🏆 0.0% of Tennessee Cities With Median Home Value Above $500,000 — ALEX Intelligence, October 2, 2026.
In a state where Collierville and Germantown now exceed $470K, Memphis remains the only major metro without a single city crossing $500K in median home value. This is not stagnation—it’s structural affordability at scale. The full data report is here: https://alex-companies.com/data/2026-10-02-memphis-threshold-home-value-500000-place
How does this hold up against the national trend? Is Memphis still a ‘gateway’ market—or is it becoming a permanent affordability anchor? Let’s discuss.
Median Home Values by City in Tennessee (2024) (ALEX Intelligence — 2026)
#1 Collierville — Shelby County
#2 Germantown — Shelby County
#3 Arlington — Fayette County
#4 Lakeland — Shelby County
#5 Atoka — Tipton County
#6 Oakland — Shelby County
#7 Bartlett — Shelby County
#8 Munford — Shelby County
#9 Millington — Shelby County
#10 Covington — Tipton County
Source: https://alex-companies.com/data/2026-10-02-memphis-threshold-home-value-500000-place
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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


