Memphis, TN (Metro) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Raw and Mid-Tier (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Raw and Mid-Tier Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the Memphis, TN Metro in February 2026 was $241,792.608. The month over month percentage change (MoM) was 0.16%, and the year over year percentage change (YoY) was -0.18%.

The chart below shows the trend of the raw and mid-tier ZHVI for the Memphis, TN metro. The table below shows the trend of the raw and mid-tier ZHVI, and the MoM and YoY percentage changes for the Memphis, TN metro.

You can see similar information for other US metros, and for the United States.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Memphis, TN (Metro) - Trend of Zillow Home Value Index (ZHVI), Raw and Mid-Tier ($)
Memphis, TN (Metro) - Trend of Zillow Home Value Index (ZHVI), Raw and Mid-Tier
Items per page:
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 121820.95072732645 -0.50 4.24
Feb 2015 121738.74150120163 -0.07 3.96
Mar 2015 122435.00652403155 0.57 3.91
Apr 2015 123513.62796590883 0.88 3.45
May 2015 125373.98675890692 1.51 3.53
Jun 2015 126439.51842940599 0.85 3.49
Jul 2015 127552.62826238068 0.88 3.52
Aug 2015 128246.59995237374 0.54 4.01
Sep 2015 128668.04373173241 0.33 4.47
Oct 2015 128698.51478909547 0.02 4.89
Nov 2015 128351.54029661349 -0.27 4.68
Dec 2015 128042.2003887238 -0.24 4.58
Jan 2016 128121.40845579027 0.06 5.17
Feb 2016 128097.43001792749 -0.02 5.22
Mar 2016 128064.43933390034 -0.03 4.60
Apr 2016 129086.51624766413 0.80 4.51
May 2016 129982.84022693757 0.69 3.68
Jun 2016 131166.5604734631 0.91 3.74
Jul 2016 132178.75915643063 0.77 3.63
Aug 2016 133358.00901200355 0.89 3.99
Sep 2016 133940.36645323542 0.44 4.10
Oct 2016 134290.83706142264 0.26 4.35
Nov 2016 134459.5352755505 0.13 4.76
Dec 2016 134743.90941549916 0.21 5.23
Jan 2017 134436.32979560157 -0.23 4.93
Feb 2017 134661.5680105663 0.17 5.12
Mar 2017 135457.60174865162 0.59 5.77
Apr 2017 137096.98856882425 1.21 6.21
May 2017 138667.5897417542 1.15 6.68
Jun 2017 139985.35221323266 0.95 6.72
Jul 2017 141507.25982048464 1.09 7.06
Aug 2017 142861.29283356632 0.96 7.13
Sep 2017 143811.49747623783 0.67 7.37
Oct 2017 144314.48317581697 0.35 7.46
Nov 2017 144639.05346020532 0.23 7.57
Dec 2017 144738.6600922544 0.07 7.42
Jan 2018 144546.80243992864 -0.13 7.52
Feb 2018 144646.623553412 0.07 7.42
Mar 2018 146105.92732804146 1.01 7.86
Apr 2018 147911.64637212688 1.24 7.89
May 2018 149897.06155718793 1.34 8.10
Jun 2018 151134.61450452945 0.83 7.97
Jul 2018 152839.94457027662 1.13 8.01
Aug 2018 154071.56063042546 0.81 7.85
Sep 2018 154763.68785984063 0.45 7.62
Oct 2018 155151.9449058947 0.25 7.51
Nov 2018 155708.88668889203 0.36 7.65
Dec 2018 156083.3475373186 0.24 7.84
Jan 2019 155772.07119392933 -0.20 7.77
Feb 2019 156406.7190067146 0.41 8.13
Mar 2019 157631.18283934373 0.78 7.89
Apr 2019 159180.85656022493 0.98 7.62
May 2019 161020.4893336686 1.16 7.42
Jun 2019 163030.3301069963 1.25 7.87
Jul 2019 164491.31125120053 0.90 7.62
Aug 2019 165477.82728575563 0.60 7.40
Sep 2019 166166.03516888508 0.42 7.37
Oct 2019 166762.56350067005 0.36 7.48
Nov 2019 167449.9460733214 0.41 7.54
Dec 2019 167934.63066663846 0.29 7.59
Jan 2020 168111.1630575546 0.11 7.92
Feb 2020 168834.02136994965 0.43 7.95
Mar 2020 170644.70175067396 1.07 8.26
Apr 2020 172894.52455638518 1.32 8.62
May 2020 174629.32038748267 1.00 8.45
Jun 2020 176664.94490192336 1.17 8.36
Jul 2020 179106.31556882724 1.38 8.89
Aug 2020 181397.89264878051 1.28 9.62
Sep 2020 184492.63981258424 1.71 11.03
Oct 2020 186719.09826314187 1.21 11.97
Nov 2020 188705.92016273653 1.06 12.69
Dec 2020 189509.38671634154 0.43 12.85
Jan 2021 190898.23029049192 0.73 13.56
Feb 2021 192742.9558628056 0.97 14.16
Mar 2021 196105.09860632793 1.74 14.92
Apr 2021 200081.83993463803 2.03 15.73
May 2021 205012.53649666908 2.46 17.40
Jun 2021 209977.85648925742 2.42 18.86
Jul 2021 212600.74533143084 1.25 18.70
Aug 2021 213725.07231778334 0.53 17.82
Sep 2021 215057.2329744795 0.62 16.57
Oct 2021 217531.73165732817 1.15 16.50
Nov 2021 220510.42429936648 1.37 16.85
Dec 2021 222097.97183864893 0.72 17.20
Jan 2022 225162.1337781527 1.38 17.95
Feb 2022 228753.01030530504 1.60 18.68
Mar 2022 232686.8224147998 1.72 18.65
Apr 2022 238432.5629375019 2.47 19.17
May 2022 243017.09855403416 1.92 18.54
Jun 2022 246838.40798309003 1.57 17.55
Jul 2022 248332.22211624184 0.61 16.81
Aug 2022 247840.5523502092 -0.20 15.96
Sep 2022 247069.93368430334 -0.31 14.89
Oct 2022 246380.578781335 -0.28 13.26
Nov 2022 244751.30919835414 -0.66 10.99
Dec 2022 241647.22854739174 -1.27 8.80
Jan 2023 238496.01219928314 -1.30 5.92
Feb 2023 237220.41175302272 -0.53 3.70
Mar 2023 238575.25802133713 0.57 2.53
Apr 2023 240676.1150683597 0.88 0.94
May 2023 243123.18028701586 1.02 0.04
Jun 2023 245089.05966854375 0.81 -0.71
Jul 2023 245814.4633744387 0.30 -1.01
Aug 2023 246476.97988074648 0.27 -0.55
Sep 2023 245496.75077032583 -0.40 -0.64
Oct 2023 243798.52716904576 -0.69 -1.05
Nov 2023 242448.30409355357 -0.55 -0.94
Dec 2023 241119.19735627805 -0.55 -0.22
Jan 2024 239786.63985852466 -0.55 0.54
Feb 2024 240629.41861396385 0.35 1.44
Mar 2024 243060.36467416046 1.01 1.88
Apr 2024 245724.70113906858 1.10 2.10
May 2024 247484.1924580542 0.72 1.79
Jun 2024 248367.1400695082 0.36 1.34
Jul 2024 248038.95572764234 -0.13 0.91
Aug 2024 246813.44183535286 -0.49 0.14
Sep 2024 245820.1370788556 -0.40 0.13
Oct 2024 245122.15874010022 -0.28 0.54
Nov 2024 244644.8986301595 -0.19 0.91
Dec 2024 243707.74743017144 -0.38 1.07
Jan 2025 242767.59493441696 -0.39 1.24
Feb 2025 242234.46778641426 -0.22 0.67
Mar 2025 242671.8793509323 0.18 -0.16
Apr 2025 244095.66872497197 0.59 -0.66
May 2025 245317.3306383273 0.50 -0.88
Jun 2025 245986.3526722486 0.27 -0.96
Jul 2025 246184.5935657318 0.08 -0.75
Aug 2025 245414.6119818204 -0.31 -0.57
Sep 2025 244458.24826797986 -0.39 -0.55
Oct 2025 243807.16066048492 -0.27 -0.54
Nov 2025 243446.7093958044 -0.15 -0.49
Dec 2025 242517.76621547822 -0.38 -0.49
Jan 2026 241408.12410006364 -0.46 -0.56
Feb 2026 241792.60775794866 0.16 -0.18