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Memphis, TN

Distinct neighborhoods, wide price range, and some of the best rental yields in the country.

Why Memphis

Memphis is a city of distinct neighborhoods, from the energy of Downtown and the historic charm of Midtown to the family-friendly streets of East Memphis and Cordova. It offers something the suburbs can’t: variety, character, and — for investors — some of the most attractive rental yields in the country.

Neighborhoods

Whatever you’re after, Memphis likely has it: walkable Downtown lofts and condos, tree-lined Midtown bungalows, established East Memphis homes near top private schools, and value-rich Cordova neighborhoods. Tell me your lifestyle and budget, and I’ll steer you to the right pockets.

For investors — my specialty

Memphis is a national favorite for rental-property investors, and this is where I’m different from most agents: I also own a property management company, Homefront Property Management, LLC. I can help you buy the right rental AND manage it afterward — tenant placement, rent collection, and maintenance — so you earn passive income without the headaches.

Market snapshot (2026)

Memphis offers a wide price spectrum and strong rental demand, making it appealing to first-time buyers and investors alike. Neighborhood-level knowledge matters enormously here — values, rents, and demand can shift block by block.

What's new on the market in Memphis?

Highlights from the newest local listings, updated 2026-07-08. These move fast — call or text me at (901) 590-5787 for details, photos, or a showing.

  • MemphisNew this week
    $309,900
    1BR/1BA Downtown loft at The Lofts at South Bluffs

    Move-in-ready loft living Downtown with soaring ceilings and exposed brick, in a building with a rooftop pool and sweeping river views.

    Get photos & full details →

Ask Matt about any of these

Thinking of selling?

What’s your Memphis home worth in today’s market?

Memphis sellers are in a strong position — but the homes that sell fast and for top dollar are the ones priced to today’s comparable sales, not last year’s peak. I’ll walk your Memphis home, pull the real numbers block by block, and give you a straight answer on what it will sell for and what’s worth doing first.

No pressure, no obligation — just an honest, Memphis-specific opinion of value.

FAQ

Memphis questions, answered

What's my home worth in Memphis, TN?

The honest answer: it depends on your exact street, school zone, condition, and updates — Memphis values can swing meaningfully block to block. Instead of a generic online estimate, I'll walk your home, pull the most recent comparable sales nearby, and give you a real, defensible number. Start with a free Memphis home valuation and I'll follow up personally.

How fast are homes selling in Memphis right now?

Well-presented, correctly priced homes in Memphis continue to move quickly, while overpriced or dated listings sit and eventually cut their price. The difference is almost always pricing and presentation. I track Memphis sales daily, so I can tell you what today's buyers are actually paying and how to position your home to sell without leaving money on the table.

What does it cost to sell a home in Memphis?

Typical seller costs include the agent commission (which is negotiable), standard closing costs, and any prep or repairs you choose to make. Rather than guess, I'll prepare a personalized net sheet for your Memphis home so you know your estimated proceeds before you list — no surprises at closing.

Is Memphis a good place to buy rental property?

Yes — Memphis is one of the country’s most popular markets for rental investors thanks to affordable purchase prices and solid rental demand. Because I also run a property management company, I can help you buy and manage the property in one place.

What are the best neighborhoods in Memphis?

It depends on your goals: Downtown and Midtown for walkability and character, East Memphis for established family homes, and Cordova for value. I’ll match you to the right area for your budget and lifestyle.

What are the best Memphis neighborhoods to buy in?

It depends on your goal: East Memphis for stability, Midtown for character and walkability, Downtown for lofts and energy, and neighborhoods like Berclair for cash-flow rentals. I match the neighborhood to your strategy.

Is Memphis a good city for rental property investment?

Memphis is nationally known for cash flow — accessible prices, strong rents, and a huge renter base anchored by FedEx, St. Jude, and the logistics economy. Success comes down to buying on the right street.

Is it a good time to buy a house in Memphis?

With inventory still tight and prices accessible compared to national averages, buyers with financing lined up can do well. I'll give you a straight answer for your budget and neighborhoods — call or text (901) 590-5787.

Matt Mitchell, REALTOR

Work With Me Directly

Matt Mitchell, REALTOR®

I'm a REALTOR® and part of a third-generation Memphis-area real estate family. I also own Homefront Property Management, LLC — so when I recommend management, I'm recommending my own company, and I'd rather you hear that from me up front. I'm the one who answers the phone.

Buying or Selling in Memphis?

Buying, selling, or investing in Memphis?

Call or text me at (901) 590-5787 for a no-pressure conversation, or send the form and I'll reach out today.

Tell me what you're looking for.

I read every message myself and reply the same business day.

Prefer to talk? Call or text (901) 590-5787 — you'll get me, not an assistant.

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