Memphis, TN highest cash flow yields among major metros; logistics hub with FedEx headquarters supporting stable employment. This report covers current market conditions, investment fundamentals, and key metrics for real estate buyers and investors.
Current Market Snapshot
Investment Analysis
With a gross yield of 7.5% and a median price of $195,000, Memphis sits firmly in cash flow territory. A typical 2-bedroom property rents for approximately $1,218/month based on HUD Fair Market Rent data.
The affordability index of 140 indicates housing is accessible for median-income households — a healthy foundation for sustained demand.
Market Temperature: Warm
With a median DOM of 35 days and approximately 4,200 active listings and balanced competition, Memphis's market is currently classified as warm. Balanced conditions allow time for due diligence and negotiation.
Key Data Points
| Metric | Value |
|---|---|
| Median Sale Price | $195,000 |
| YoY Price Change | +3.0% |
| Median Days on Market | 35 days |
| Active Listings | 4,200 |
| Est. 2BR Fair Market Rent | $1,218/mo |
| Gross Rental Yield | 7.5% |
| Median Household Income | $52,000 |
| Affordability Index | 140 |
Getting Live Data via API
ZipMarketData provides live data for all ZIP codes within the Memphis, TN metro. Use the /market-stats endpoint with any Memphis ZIP code for the most current figures.