Memphis, TN (Metro) - Trend of Zillow Home Value Index (ZHVI) for All Homes - Top Tier (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Top Tier Zillow home value index (ZHVI) for All Homes in the Memphis, TN Metro in February 2026 was $406,710.2. The month over month percentage change (MoM) was -0.05%, and the year over year percentage change (YoY) was -0.86%.

The chart below shows the trend of the top tier ZHVI for all homes in the Memphis, TN metro. The table below shows the trend of the top tier ZHVI, and the MoM and YoY percentage changes for all homes in the Memphis, TN metro.

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

Note: The Top Tier Zillow Home Value Index (ZHVI) for all Homes 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 65th to 95th percentile range.

Data Source: Zillow.
Memphis, TN (Metro) - Trend of Zillow Home Value Index (ZHVI) for All Homes - Top Tier ($)
Memphis, TN (Metro) - Trend of Zillow Home Value Index (ZHVI) for All Homes - Top Tier
Items per page:
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 233186.30597228036 0.38 3.12
Feb 2015 234028.9381844569 0.36 3.07
Mar 2015 234957.0217696237 0.40 3.03
Apr 2015 235694.31400964517 0.31 2.96
May 2015 236494.4272258731 0.34 2.92
Jun 2015 237161.55478228265 0.28 2.88
Jul 2015 237870.52531391065 0.30 2.92
Aug 2015 238355.52475809856 0.20 3.07
Sep 2015 239008.74021088207 0.27 3.28
Oct 2015 239715.66081864937 0.30 3.61
Nov 2015 240682.32867147206 0.40 3.82
Dec 2015 241585.18286361452 0.38 4.00
Jan 2016 242698.30947834835 0.46 4.08
Feb 2016 243625.64894913402 0.38 4.10
Mar 2016 244221.85293763594 0.25 3.94
Apr 2016 244562.61184917772 0.14 3.76
May 2016 244854.54176601954 0.12 3.54
Jun 2016 245378.34745529116 0.21 3.47
Jul 2016 245981.7005714524 0.25 3.41
Aug 2016 246679.1287247558 0.28 3.49
Sep 2016 247542.64157131585 0.35 3.57
Oct 2016 248454.60707341207 0.37 3.65
Nov 2016 249490.46933263112 0.42 3.66
Dec 2016 250774.26700451793 0.52 3.80
Jan 2017 252041.19036271764 0.51 3.85
Feb 2017 253378.73396348747 0.53 4.00
Mar 2017 254448.27806776357 0.42 4.19
Apr 2017 255650.4648528278 0.47 4.53
May 2017 256588.6159865361 0.37 4.79
Jun 2017 257573.12407858318 0.38 4.97
Jul 2017 258540.05193955437 0.38 5.11
Aug 2017 259737.31786294677 0.46 5.29
Sep 2017 260973.29797332664 0.48 5.43
Oct 2017 262233.5919141083 0.48 5.55
Nov 2017 263511.11237785587 0.49 5.62
Dec 2017 264842.62341240747 0.51 5.61
Jan 2018 266088.4048231024 0.47 5.57
Feb 2018 267009.11257321935 0.35 5.38
Mar 2018 268178.1858028727 0.44 5.40
Apr 2018 269438.2606264586 0.47 5.39
May 2018 270964.55750687915 0.57 5.60
Jun 2018 272178.62305780477 0.45 5.67
Jul 2018 273668.7596144135 0.55 5.85
Aug 2018 275212.7843053936 0.56 5.96
Sep 2018 276680.8127004898 0.53 6.02
Oct 2018 277782.06061601103 0.40 5.93
Nov 2018 278876.48867800523 0.39 5.83
Dec 2018 280186.3703500617 0.47 5.79
Jan 2019 281227.2170912288 0.37 5.69
Feb 2019 282140.55819926766 0.33 5.67
Mar 2019 282971.26825571805 0.29 5.52
Apr 2019 284074.64054878755 0.39 5.43
May 2019 285130.44513967127 0.37 5.23
Jun 2019 286313.0199064286 0.42 5.19
Jul 2019 287544.0517743454 0.43 5.07
Aug 2019 288938.74520008866 0.49 4.99
Sep 2019 290384.27827578573 0.50 4.95
Oct 2019 292083.2364805153 0.59 5.15
Nov 2019 294101.3790374435 0.69 5.46
Dec 2019 296179.3093787406 0.71 5.71
Jan 2020 298085.12392408896 0.64 5.99
Feb 2020 299697.70658947516 0.54 6.22
Mar 2020 301282.4126622554 0.53 6.47
Apr 2020 302828.1907325545 0.51 6.60
May 2020 304062.4906686047 0.41 6.64
Jun 2020 305337.34414924844 0.42 6.65
Jul 2020 307006.786162127 0.55 6.77
Aug 2020 309531.0471555167 0.82 7.13
Sep 2020 313042.15343432454 1.13 7.80
Oct 2020 317055.71444044425 1.28 8.55
Nov 2020 321373.5168622906 1.36 9.27
Dec 2020 325218.25395585084 1.20 9.81
Jan 2021 328953.46164499497 1.15 10.36
Feb 2021 332647.3166452565 1.12 10.99
Mar 2021 336643.37460921163 1.20 11.74
Apr 2021 340985.50187225174 1.29 12.60
May 2021 345973.8845423231 1.46 13.78
Jun 2021 351212.14932752633 1.51 15.02
Jul 2021 355851.02449756366 1.32 15.91
Aug 2021 359269.5837881781 0.96 16.07
Sep 2021 361911.52443910064 0.74 15.61
Oct 2021 365095.9085765316 0.88 15.15
Nov 2021 369467.6762745371 1.20 14.97
Dec 2021 374264.78600169887 1.30 15.08
Jan 2022 379570.3872596975 1.42 15.39
Feb 2022 385057.08939355897 1.45 15.76
Mar 2022 391229.3012170675 1.60 16.22
Apr 2022 397634.31580115313 1.64 16.61
May 2022 403487.94012406113 1.47 16.62
Jun 2022 408308.4497613448 1.20 16.26
Jul 2022 410816.81761698285 0.61 15.45
Aug 2022 411165.01221858227 0.09 14.45
Sep 2022 409856.7712765155 -0.32 13.25
Oct 2022 408637.33148282283 -0.30 11.93
Nov 2022 407738.3045277055 -0.22 10.36
Dec 2022 406903.4250649563 -0.20 8.72
Jan 2023 405489.5605387739 -0.35 6.83
Feb 2023 404237.96478965646 -0.31 4.98
Mar 2023 403946.8318218841 -0.07 3.25
Apr 2023 404426.3247576463 0.12 1.71
May 2023 405523.7612724362 0.27 0.51
Jun 2023 406603.6243529748 0.27 -0.42
Jul 2023 407509.3111233294 0.22 -0.80
Aug 2023 408216.9450620059 0.17 -0.72
Sep 2023 408461.65520024626 0.06 -0.34
Oct 2023 408380.42864559684 -0.02 -0.06
Nov 2023 407972.47221681505 -0.10 0.06
Dec 2023 407675.72013488837 -0.07 0.19
Jan 2024 407731.41175168677 0.01 0.55
Feb 2024 408428.6776438216 0.17 1.04
Mar 2024 409978.3988418539 0.38 1.49
Apr 2024 411778.8545962737 0.44 1.82
May 2024 412868.39791333216 0.27 1.81
Jun 2024 412709.4664675394 -0.04 1.50
Jul 2024 411618.9576787337 -0.26 1.01
Aug 2024 410247.2294643807 -0.33 0.50
Sep 2024 409174.3489505278 -0.26 0.17
Oct 2024 408868.83068429417 -0.07 0.12
Nov 2024 409029.26450639014 0.04 0.26
Dec 2024 409422.98242045334 0.10 0.43
Jan 2025 409907.49127347954 0.12 0.53
Feb 2025 410226.6992051688 0.08 0.44
Mar 2025 410054.5853362067 -0.04 0.02
Apr 2025 409541.69991473336 -0.12 -0.54
May 2025 408814.9878842812 -0.18 -0.98
Jun 2025 408075.98083298357 -0.18 -1.12
Jul 2025 407357.82788220205 -0.18 -1.03
Aug 2025 406838.933649455 -0.13 -0.83
Sep 2025 406763.11468881933 -0.02 -0.59
Oct 2025 406860.5279497388 0.02 -0.49
Nov 2025 407023.0300317137 0.04 -0.49
Dec 2025 407113.14692961675 0.02 -0.56
Jan 2026 406932.36160347145 -0.04 -0.73
Feb 2026 406710.1995265496 -0.05 -0.86