Best In Tennessee Real Estate™: Memphis

Germantown leads Tennessee in the share of homes valued at $1 million or more — 15.4%, according to ALEX Intelligence’s latest analysis of 2024 American Community Survey data. This is not a national ranking, nor is it about the city’s size; it’s about where wealth is being concentrated. In the Memphis metro, Germantown is #1 of 5 cities, and in Tennessee, it’s #1 of 10. This data comes directly from: https://alex-companies.com/data/2026-10-31-memphis-million-share-place-mkt. The real story? Wealth is not spreading across the metro — it’s being hoarded in a few high-income enclaves. What does this mean for the future of inclusive development in Memphis? How will this affect public services, school funding, and long-term affordability? Let’s discuss. Share of Homes Valued $1M or More, top 10 (ALEX Intelligence — U.S. Census Bureau 2024) #1 Germantown — 15.4% #2 Collierville — 10.8% #3 Lakeland — 5.8% #4 Arlington — 4.1% #5 Memphis — 3.7% #6 Atoka — 1.8% #7 Bartlett — 0.8% #8 Covington — 0.0% #9 Millington — 0.0% #10 Munford — 0.0% Photos via Wikimedia Commons: Slide 1: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162754689; Slide 2: Katien13 (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=104593407; Slide 3: Katien13 (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=104593554; Slide 4: md. childress (CC BY 3.0) https://commons.wikimedia.org/?curid=56390904 Source: https://alex-companies.com/data/2026-10-31-memphis-million-share-place-mkt 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