Memphis-metro home prices up in Downtown, across the market in March
Data released by the Memphis Area Association of Realtors (MAAR) showed that the Memphis housing market had an early uptick this year. In March, nearly 1,900 homes sold in March, outperforming March 2021 by 5%. Prices also continued to increase across the market. The median price of $215,000 was 22% higher than March 2021 and the average price of $254,000 was a 15.2% increase. The number of deals closed in March was a big jump over the traditionally slow month of February, which had close to…
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