Single-family homes with 3 bedrooms and 2 bathrooms are priced from $10,000 to $1.6 million (USD).
Downtown Memphis has condominiums with prices ranging from $28,500 to $999,000 and single-family homes with prices ranging from $145,000 to $4.6 million (USD).
The communities surrounding Memphis include lakefront homes with prices ranging from $175,000 to $1.5 million (USD).
Vacant land ranges in price from $1,500 for a small residential lot in the city to $1.8 million (USD) for a large rural lot.
The median sales price in May 2011 was $79,220 (USD).
