$5,641 Closing Credit¹
#10193706, Listing Office: Harbur Realty
Medical District Housing Market Report March 2025•Shelby County, Tennessee
Housing Prices in Medical District, TN
How much do homes in Medical District, TN cost?
Median List Price
$275,000–
+$100
0.0%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Medical District has remained the same since last year.
Summary: The median home list price in Medical District was $275,000 in March 2025, the same as the previous year, and the median price per square foot was $0.
Median List Price By Neighborhoods
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Central Gardens | $450K | $450K | 0.0% |
| Medical District | $274.9K | $275K | 0.0% |
| Klondyke | $95K | $90K | -5.3% |
| Evergreen Historic District | $410K | $379.9K | -7.3% |
Median List Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $35K | $35K | 0.0% |
| 22 Bedrooms | - | $214.9K | N/A |
| 33 Bedrooms | $269.9K | $275K | +1.9% |
| 44 Bedrooms | $329.9K | $324.9K | -1.5% |
| 55+ Bedrooms | $438.9K | $356.4K | -18.8% |
Summary: Medical District housing price by bedroom type for March 2025, compared to the previous year. 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 +1.9%. The home price for 4 bedroom homes decreased by -1.5%. The home price for 5 bedroom homes decreased by -18.8%.
How does Medical District, TN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Medical District, TN
Housing supply in Medical District, TN
How many homes are available in Medical District, TN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 14Last MonthMar 2025 | ||
| 132 months agoFeb 2025 | +7.7 % Change MoMFeb – Mar |
Summary: The Medical District real estate market had 14 homes for sale in Mar 2025, a 7.7 % increase compared to Feb 2025.
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 7 | 8 | +14.3% |
| 44 Bedrooms | 3 | 3 | 0.0% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Medical District housing inventory by bedroom type for March 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 +14.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Days on Market for Medical District, TN
How long does it take to sell a home in Medical District, TN?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 132 DaysThis YearMar 2025 | ||
| 131 Days1 year agoMar 2024 | 0.3 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Medical District had an average listing age of 132 days in Mar 2025, down by .3% compared to the previous year.
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Newest Listings in Medical District, TN
What homes are available in Medical District, TN?
$3,384 Closing Credit¹
#10193489, Listing Office: Keller Williams
$2,553 Closing Credit¹
#10193284, Listing Office: homecoin.com
$3,503 Closing Credit¹
#10192805, Listing Office: Redkey Realty
$4,738 Closing Credit¹
#10191433, Listing Office: Keystone Realty, LLC
#10190215, Listing Office: KAIZEN Realty, LLC
$2,672 Closing Credit¹
#10190114, Listing Office: CrestCore Realty MphsBrokerage
$3,788 Closing Credit¹
#10190013, Listing Office: List With Freedom.Com, Inc.
$4,286 Closing Credit¹
#10187989, Listing Office: 901 Real Estate Services
$2,256 Closing Credit¹
#10187806, Listing Office: BHHS Taliesyn Realty
$2,671 Closing Credit¹
#10187373, Listing Office: Reedy & Company, REALTORS
$2,470 Closing Credit¹
#10186909, Listing Office: The Stamps Real Estate Company
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MLS Disclaimers and Copyright
Based on information from Memphis MLS, for the period 04/01/2023 - 04/01/2025
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: 4/26/2025, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2025, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.