Nashville, TN vs Memphis, TN: housing market comparison
A side-by-side look at home prices, how fast homes sell, and whether each market currently favors buyers or sellers — using the most recent data, updated weekly.
Quick take: Memphis has the lower median sale price ($171,000).
| Metric | Nashville, TN | Memphis, TN |
|---|---|---|
| Median sale price | $470,000 | $171,000 |
| Median list price | $499,000 | $189,900 |
| Days on market | 100 days | 56 days |
| Months of supply | 6.1 mo | 6.1 mo |
| Market verdict | Buyer's market | Buyer's market |
| Year-over-year price | -0.1% | -7.1% |
See full data for each city: Nashville, TN and Memphis, TN. For how we classify buyer's vs seller's markets, see our methodology.
Want to compare different cities? Use our interactive comparison tool to line up any markets side by side.
Figures reflect aggregated public data and update weekly. Not investment, financial, or real estate advice.