Best In Tennessee Real Estate™: Memphis

Memphis ranks #4 of 10 Tennessee metros on housing vacancy rate—9.9% in 2024, according to ALEX Intelligence’s latest analysis. This isn't a flaw; it's a strategic advantage. With industrial expansion in Shelby and Madison Counties, Memphis’ vacancy rate allows for targeted leasing and capital preservation without market overheating. They’re not in the same state, and their dynamics don’t translate. This is Memphis—its own market, its own data. Housing Vacancy Rate, top 10 (ALEX Intelligence — U.S. Census Bureau 2024) #1 Kingsport-Bristol — 12.6% #2 Morristown — 10.7% #3 Johnson City — 10.1% #4 Memphis — 9.9% #5 Knoxville — 9.7% #6 Jackson — 9.6% #7 Chattanooga — 9.2% #8 Cleveland — 9.1% #9 Clarksville — 9.0% #10 Nashville-Davidson--Murfreesboro--Franklin — 7.6% Photos via Wikimedia Commons: Slide 1: Dakotanikon (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=112094057; Slide 2: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162755450; Slide 3: dconvertini (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=69445325; Slide 4: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162754738 Source: https://alex-companies.com/data/2026-11-01-memphis-standing-vacancy-share-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