Median price for residential apartments in Midtown, Memphis, TN as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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420 Midtown, Memphis, TN, USA apartments for sale
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Housing Trends
How much does an apartment cost in Midtown, Memphis, TN, USA
Average apartment sale in Midtown: $446,758 (+5.6%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $1,495,000 | +17.7% |
| 2-bed apartments | $221,371 | +0.5% |
| 3-bed apartments | $350,526 | +1.8% |
| 4+ bed apartments | $562,368 | +8.3% |
During Jan 2023, the average price for an apartment in/near Midtown, Memphis, TN increased by 5.6% to $446,758.
Knowing the current property prices is key if you plan to buy a studio in Midtown, Memphis, TN. The average price for a studio has increased since the last month, currently being $1,495,000. Asking price for 2-bed apartment also increased by 0.5% and a place of this size will now cost you $221,371. A 3-bed apartment goes for $350,526, it increased by 1.8% lately. We discerned the rise of 4- and more bed apartment price. It increased by 8.3% and made it up to $562,368.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Townhouses for sale | $910,909 | +6.9% |
| Houses for sale | $364,831 | +5.2% |
| Condos for sale | $202,450 | -10% |
| Duplexes for sale | $359,000 | +0% |
Price reports demonstrate that house price increased by 5.2% this month making it up to $364,831. Condos faced an upward trend these days. The median price for a condo decreased by 10%, it’s now available for $202,450. An average value of duplex is $359,000, thus a median price for a duplex remains the same this month. The property value of townhouses increased by 6.9%, you’ll have to spend around $910,909 to get one. The average price of the land for sale in formattedAddress% has not changed significantly since last month, being $145,000.
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