Best In Tennessee Real Estate™: Memphis

Memphis ranks #6 of 10 Tennessee metros on median home value, according to ALEX Intelligence’s 2026 data. At $245,900, the city holds steady as a mid-tier market with significant affordability advantages. This isn’t stagnation—it’s strategy. With industrial expansion in Madison County and sustained household formation, Memphis is building long-term resilience. How does this ranking shape your investment approach? Photos via Wikimedia Commons: Slide 1: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162754833; Slide 2: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162754233; Slide 3: md. childress (CC BY 3.0) https://commons.wikimedia.org/?curid=54917369; Slide 4: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162750660 Median Home Value, top 10 (ALEX Intelligence — U.S. Census Bureau 2024) #1 Nashville-Davidson--Murfreesboro--Franklin — $409,600 #2 Knoxville — $290,200 #3 Chattanooga — $272,400 #4 Clarksville — $253,300 #5 Cleveland — $247,000 #6 Memphis — $245,900 #7 Johnson City — $219,200 #8 Morristown — $218,100 #9 Kingsport-Bristol — $198,400 #10 Jackson — $185,300 Source: https://alex-companies.com/data/2026-10-19-memphis-standing-home-value-msa View and join any or all of our communities — AI, quantum, and real estate: https://alex-companies.com/reports/linkedin-groups If there's an AI, quantum, or real estate community you'd like to see us convene, tell us — this portfolio grows by request. 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