Memphis, TN (Metro) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the Memphis, TN Metro in February 2026 was $240,976.579. The month over month percentage change (MoM) was 0.24%, and the year over year percentage change (YoY) was -0.34%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the Memphis, TN metro. The table below shows the trend of the smoothed and seasonally adjusted 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), Smooth and Seasonally Adjusted ($)
Memphis, TN (Metro) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 120734.59170241877 0.36 5.15
Feb 2015 121046.92638090136 0.26 4.61
Mar 2015 121356.38340266648 0.26 4.21
Apr 2015 121755.47029219025 0.33 3.89
May 2015 122354.61123352397 0.49 3.67
Jun 2015 122929.47033616122 0.47 3.47
Jul 2015 123568.01482266006 0.52 3.44
Aug 2015 124024.45396572724 0.37 3.60
Sep 2015 124539.71545922577 0.42 3.93
Oct 2015 125016.57526626332 0.38 4.42
Nov 2015 125534.72844066996 0.41 4.67
Dec 2015 125992.57826099319 0.37 4.73
Jan 2016 126554.4595157294 0.45 4.82
Feb 2016 127087.67020436477 0.42 4.99
Mar 2016 127415.96142466263 0.26 4.99
Apr 2016 127580.97876693505 0.13 4.79
May 2016 127578.43344863453 0.00 4.27
Jun 2016 127797.65917404731 0.17 3.96
Jul 2016 128060.07198115329 0.21 3.64
Aug 2016 128617.02322847955 0.44 3.70
Sep 2016 129252.75865617457 0.49 3.78
Oct 2016 130007.28598135196 0.58 3.99
Nov 2016 130817.71770949707 0.62 4.21
Dec 2016 131720.49430606028 0.69 4.55
Jan 2017 132489.89842718389 0.58 4.69
Feb 2017 133136.78957848344 0.49 4.76
Mar 2017 133665.3141250479 0.40 4.91
Apr 2017 134352.0730089124 0.51 5.31
May 2017 135021.17554871636 0.50 5.83
Jun 2017 135706.10146316965 0.51 6.19
Jul 2017 136421.35675541786 0.53 6.53
Aug 2017 137295.49561215387 0.64 6.75
Sep 2017 138313.93456552658 0.74 7.01
Oct 2017 139360.72484853247 0.76 7.20
Nov 2017 140468.1064627649 0.80 7.38
Dec 2017 141516.68072096485 0.75 7.44
Jan 2018 142428.71884307705 0.64 7.50
Feb 2018 143110.98157478884 0.48 7.49
Mar 2018 143895.9805994885 0.55 7.65
Apr 2018 144759.18871588193 0.60 7.75
May 2018 145732.49238230407 0.67 7.93
Jun 2018 146482.44373966692 0.52 7.94
Jul 2018 147313.4450201817 0.57 7.98
Aug 2018 148181.8572329573 0.59 7.93
Sep 2018 149163.69914078698 0.66 7.84
Oct 2018 150119.27770805694 0.64 7.72
Nov 2018 151247.90703226195 0.75 7.67
Dec 2018 152513.15709331175 0.84 7.77
Jan 2019 153658.0822500236 0.75 7.88
Feb 2019 154672.80856696155 0.66 8.08
Mar 2019 155583.94826490266 0.59 8.12
Apr 2019 156459.91145410677 0.56 8.08
May 2019 157175.45685418168 0.46 7.85
Jun 2019 157959.07733277508 0.50 7.84
Jul 2019 158802.0722093775 0.53 7.80
Aug 2019 159663.240057343 0.54 7.75
Sep 2019 160407.32198479303 0.47 7.54
Oct 2019 161311.8620980439 0.56 7.46
Nov 2019 162508.2335796056 0.74 7.45
Dec 2019 163906.9784153934 0.86 7.47
Jan 2020 165290.90183970123 0.84 7.57
Feb 2020 166544.08562503714 0.76 7.68
Mar 2020 167796.44996336172 0.75 7.85
Apr 2020 169072.36423393956 0.76 8.06
May 2020 170137.17035213078 0.63 8.25
Jun 2020 171145.06230316046 0.59 8.35
Jul 2020 172298.63598372467 0.67 8.50
Aug 2020 173919.01896028183 0.94 8.93
Sep 2020 176150.71315801828 1.28 9.82
Oct 2020 178757.19864339146 1.48 10.82
Nov 2020 181686.45144435612 1.64 11.80
Dec 2020 184216.631870329 1.39 12.39
Jan 2021 186684.64939220552 1.34 12.94
Feb 2021 189007.24466455702 1.24 13.49
Mar 2021 191681.0570492204 1.42 14.23
Apr 2021 194409.89887032984 1.42 14.99
May 2021 197471.837577612 1.58 16.07
Jun 2021 200863.0162075745 1.72 17.36
Jul 2021 203974.84118949424 1.55 18.38
Aug 2021 206218.52909973482 1.10 18.57
Sep 2021 207654.64638890905 0.70 17.89
Oct 2021 209426.68083733658 0.85 17.16
Nov 2021 212124.80776018355 1.29 16.75
Dec 2021 215220.82010600323 1.46 16.83
Jan 2022 218768.53167315616 1.65 17.19
Feb 2022 222520.2676154238 1.72 17.73
Mar 2022 226588.79832562155 1.83 18.21
Apr 2022 230675.0293075324 1.80 18.65
May 2022 234336.78797547414 1.59 18.67
Jun 2022 237715.2238594781 1.44 18.35
Jul 2022 239970.3402273568 0.95 17.65
Aug 2022 241161.76691633905 0.50 16.95
Sep 2022 241396.94182316362 0.10 16.25
Oct 2022 241389.1576147341 0.00 15.26
Nov 2022 241224.31483545434 -0.07 13.72
Dec 2022 240585.8508991977 -0.26 11.79
Jan 2023 239339.49177577606 -0.52 9.40
Feb 2023 238100.52294420832 -0.52 7.00
Mar 2023 237617.537411034 -0.20 4.87
Apr 2023 237813.33881375656 0.08 3.10
May 2023 238419.93592905355 0.26 1.74
Jun 2023 238972.15569328694 0.23 0.53
Jul 2023 239366.35524667404 0.17 -0.25
Aug 2023 239754.40502601978 0.16 -0.58
Sep 2023 239789.6115109965 0.02 -0.67
Oct 2023 239544.6013299646 -0.10 -0.76
Nov 2023 238959.45158814886 -0.24 -0.94
Dec 2023 238603.67766675542 -0.15 -0.82
Jan 2024 238600.6440449858 0.00 -0.31
Feb 2024 239205.54864818742 0.25 0.46
Mar 2024 240313.58580472472 0.46 1.14
Apr 2024 241682.73758194083 0.57 1.63
May 2024 242633.4209091326 0.39 1.77
Jun 2024 242887.91041856018 0.11 1.64
Jul 2024 242543.89613691697 -0.14 1.33
Aug 2024 241800.43836358088 -0.31 0.85
Sep 2024 241043.77639299768 -0.31 0.52
Oct 2024 240586.83055713403 -0.19 0.44
Nov 2024 240588.38823189816 0.00 0.68
Dec 2024 240913.05378646098 0.14 0.97
Jan 2025 241415.6041465941 0.21 1.18
Feb 2025 241796.3661021355 0.16 1.08
Mar 2025 241835.28906078063 0.02 0.63
Apr 2025 241555.43644542314 -0.12 -0.05
May 2025 241143.28379911653 -0.17 -0.61
Jun 2025 240714.48340986334 -0.18 -0.89
Jul 2025 240327.9976410184 -0.16 -0.91
Aug 2025 239957.13014587574 -0.15 -0.76
Sep 2025 239670.3073602872 -0.12 -0.57
Oct 2025 239504.24122791365 -0.07 -0.45
Nov 2025 239594.94328139085 0.04 -0.41
Dec 2025 239964.94794416334 0.15 -0.39
Jan 2026 240408.36857391047 0.19 -0.42
Feb 2026 240976.57897444503 0.24 -0.34