Belle Meade Housing Market Report April 2025Shelby County, Tennessee

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Housing Prices in Belle Meade, TN

How much do homes in Belle Meade, TN cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$923,950
+$399,000
+76.0%

Based on all homes listed in April 2025

Insight

The list price of homes in Belle Meade has increased by 76% since March.

Summary: The median home list price in Belle Meade was $923,950 in April 2025, up 76% from the previous month, and the median price per square foot was $0.

Median List Price By Neighborhoods

Median List Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Belle Meade
+76.0%
Normandy Meadows
-13.1%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2025Apr 2025Change MoM
1--
N/A
2$173.9K$173.9K
0.0%
3$174.9K$200K
+14.3%
4$1.4M$1.4M
0.0%
5$1.6M$1.1M
-28.9%

Summary: Belle Meade housing price by bedroom type for April 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +14.3%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes decreased by -28.9%.

How does Belle Meade, TN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Belle Meade, TN

Housing supply in Belle Meade, TN

How many homes are available in Belle Meade, TN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
12Last MonthApr 2025
82 months agoMar 2025
+50.0 %
Change MoMMar – Apr

Summary: The Belle Meade real estate market had 12 homes for sale in Apr 2025, a 50.0 % increase compared to Mar 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
100
0.0%
222
0.0%
323
+50.0%
424
+100.0%
523
+50.0%

Summary: Belle Meade housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes increased by +50.0%.

Asking Price vs. Sold Price

How much do homes in Belle Meade, TN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Belle Meade, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Belle Meade in April 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Belle Meade, TN

How long does it take to sell a home in Belle Meade, TN?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
85 DaysLast MonthApr 2025
94 Days1 month agoMar 2025
-9.6 %
Change MoMMar – Apr

Summary: Homes in Belle Meade had an average listing age of 85 days in Apr 2025, down by 9.6% compared to the previous month.

Newest Listings in Belle Meade, TN

What homes are available in Belle Meade, TN?

Nearby markets

Nearby markets aren't available for Belle Meade, TN

MLS Disclaimers and Copyright

Based on information from Memphis MLS, for the period 03/01/2025 - 05/01/2025

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2025, 11:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.