Frequently Asked Questions

Are house prices dropping in Memphis?

The house prices in Memphis are indeed dropping at the moment. There has been a decrease in price of $239,990.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Memphis at this time?

The housing market and house prices in Memphis are going down. The average house price is $299,900.00 and the average price per square feet is $142.58 per square foot. At the moment, there are 25 homes listed - 17 active, 3 pending, and 5 sold in Memphis.

What is the most popular place to buy a house in Memphis?

The most popular place to buy a home in Memphis is 13-Indiana. 13-Indiana has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Memphis?

The average amount of property taxes you would have to pay for a home in Memphis is $300.00. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Memphis being sold?

Properties in Memphis stay on the market for an average of 81 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Memphis?

The last home listed in Memphis was 2635 minutes ago.

Can you visit houses in Memphis?

Currently, there are 1 open houses available for viewing in Memphis.

What is the most expensive house in Memphis?

The cost of the most expensive home in Memphis is $624,900.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Memphis?

The cost of the cheapest home in Memphis is $269,990.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Memphis?

The oldest home in Memphis was built in 1937, and the newest in 2026.

How big are the homes in Memphis?

The average property size in Memphis is 2348.82 sq.ft., the largest being 4506 sq.ft., and the smallest being 1774 sq.ft.

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Active

Open House : Sat, 1pm - 4pm

$301,900

Name: Open House
Start: 2026-07-12T17:00:00.000Z
End: 2026-07-12T20:00:00.000Z
Location: 1002 Hunter Ct

$190 on 06/26/2026

4 Beds

3 Baths

1,953 Sq. Ft.

1002 Hunter Ct, Memphis, IN, 47143

Est. Payments: $0/mo

Residential

Built in 2026

29 days on Site

0.17 Lot Size

Central Air

Electric

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

Champions Run Lot #412. Estimated completion is September/October 2026. Life looks better from here at 1002 Hunter Ct. in Memphis, IN, a beautiful new home in the Champions Run community. Featuring our Pine floor plan, this thoughtfully designed 1,953-sq. ft. home offers the perfect blend of comfort and functionality and is located toward...

Source: GLAR as distributed by MLS GRID, MLS ID: 1719430

Listing provided courtesy of Ben Cox with DRH Realty of Kentucky

Last Updated: 6/29/2026 | 7:38 PM

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About the Neighborhood

Memphis offers a peaceful environment with predominantly single detached homes, many featuring three or more bedrooms. The neighborhood maintains a quiet atmosphere with generally tranquil streets, creating a relaxing space for residents. Convenient access to major highways like I-65 allows for smooth travel throughout the area. Dining options are available locally with a modest selection of restaurants. The housing stock is relatively modern, with most residences built after the year 2000, providing contemporary living spaces. Ample parking is typically accessible, making it easy to accommodate vehicles. Memphis presents a calm, residential area with good connectivity for everyday commuting.

Learn more about

Memphis Market Report

Avg. Days on Market

Avg. Price Per Sq. Ft.

147.42

Median List Price

$282,990

Homes Listed

Frequently Asked Questions

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

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Find your perfect home from anywhere. Schedule a personalized video tour with our expert agents for a real-time walkthrough and answers to all your questions.

Type	Dimensions	Level
Great Room	15.83 x 18.08	First
Kitchen	-	First
Dining Area	-	First
Half Bathroom	-	First
Primary Bedroom	12.58 x 15.67	Second
Primary Bathroom	-	Second
Bedroom	-	Second
Bedroom	-	Second
Bedroom	-	Second
Full Bathroom	-	Second
Laundry	-	Second