Best In Tennessee Real Estate™: Memphis

Collierville’s home values are 1.5x the Memphis median — a stark divergence in market performance. This data, drawn from ALEX Intelligence’s exclusive analysis of the Memphis market, reveals a growing economic split within the metro. While Collierville leads in home value concentration, the broader market remains anchored in lower-tier pricing. This isn’t just about price — it’s about who benefits from growth. The same report shows housing inventory is declining across the metro, suggesting that high-end markets are becoming less liquid even as prices rise. For Memphis, this raises a critical question: Is the city’s prosperity being shared, or is it locking into a few ZIPs? This insight comes directly from the source: https://alex-companies.com/data/2026-10-21-memphis-spread-home-value-place. Top-to-Median Home Value Gap, top 10 (ALEX Intelligence — U.S. Census Bureau 2024) #1 Collierville — $485,900 #2 Germantown — $470,800 #3 Arlington — $424,400 #4 Lakeland — $388,900 #5 Atoka — $320,700 #6 Oakland — $319,100 #7 Bartlett — $310,400 #8 Munford — $244,400 #9 Millington — $207,300 #10 Covington — $185,900 Photos via Wikimedia Commons: Slide 1: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162754239; Slide 2: Bjoertvedt (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=73780772; Slide 3: photophone02 (CC BY-SA 3.0) https://commons.wikimedia.org/?curid=53875171; Slide 4: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162755155 Source: https://alex-companies.com/data/2026-10-21-memphis-spread-home-value-place 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
Source data: Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024 · ALEX Intelligence computation
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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
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