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Advertise here →Memphis, Tennessee · New Homes
New homes in Memphis.
Memphis is anchored by FedEx's global headquarters and SuperHub, creating tens of thousands of logistics and operations jobs, and St. Jude Children's Research Hospital, drawing world-class medical researchers to a housing market that remains extraordinarily affordable by any national measure.
New construction is most active in the Shelby County suburbs of Collierville and Arlington, and across the state line in DeSoto County, Mississippi, in Olive Branch and Southaven, with homes from $250,000 to $420,000 in growing communities.
Want brand-new construction in Memphis? See builders and communities on NewUSAHouses.com. For the full picture, see the Tennessee new-homes hub.
At a glance
Memphis market snapshot
Median Home Price
$215,000
Median Rent
$1,100
Market Trend
Stable
Cost of Living Index
84
Local resources
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What makes Memphis different
New Construction
New construction is most active in the Shelby County suburbs of Collierville and Arlington, and across the state line in DeSoto County, Mississippi, in Olive Branch and Southaven, with homes from $250,000 to $420,000 in growing communities.
Why People Move Here
FedEx global logistics hub and St. Jude Childrens Research Hospital and affordability and music and cultural heritage and Mississippi River access
Schools
Collierville Schools and Germantown Municipal School District rank among Tennessee highest-performing districts and drive significant premium values in eastern Shelby County suburbs relative to rest of metro.
Top Neighborhoods
Germantown, Collierville, Bartlett, Arlington, Olive Branch MS, and Southaven MS
Major Employers
FedEx global headquarters and SuperHub at Memphis International Airport employing over 30,000 locally and International Paper, AutoZone, St. Jude Childrens Research Hospital, and Baptist Memorial Health system
Local life
Life in Memphis
Schools
Memphis-Shelby County Schools School District serves the area — 222 schools, 109,797 students enrolled, per the U.S. Department of Education's Common Core of Data.
Who's building
Top builders active in Memphis
D.R. Horton
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Regency Homebuilders
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Common questions
Memphis FAQ
Is Memphis a good place to buy a home?
Memphis offers extraordinary affordability and FedEx logistics employment and St. Jude Childrens Research Hospital and strong suburban school districts.
What is the median home price in Memphis?
The median home price in Memphis is approximately $215,000 making it one of the most affordable major metros with suburban communities ranging significantly higher.
Which Memphis suburbs have the most new construction?
Collierville and Arlington in Tennessee, Olive Branch, and Southaven in Mississippi lead Memphis metro in new home activity.
Is Memphis good for real estate investors?
Memphis offers some of most compelling single-family rental fundamentals of any major metro with accessible acquisition prices and strong rental demand.
What is driving Memphis housing demand?
FedEx global SuperHub and logistics employment and St. Jude Childrens Research Hospital, AutoZone, International Paper, and University of Memphis drive demand.
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