47143 Home Values & Market Trends
There are 9 homes currently listed for 47143. 47143 real estate market trends show that home prices range from $200,000 to $479,900, and the median sales price in the 47143 zip code is $268,227.77. The total number of properties sold within the past twelve months is 93. In 47143, 2 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.
47143 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Memphis | $ 354,305 $ 163/sqft |
Housing Market Summary for 47143
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $220K | $258.7K | 17.59% |
| Median Sold Price | $234K | $258.7K | 10.56% |
| Homes For Sale | 6 | 7 | 16.67% |
| Homes Sold | 21 | 33 | 57.14% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 47143
Browse Homes in 47143
The median list price of a home in Memphis, is $268,227.77. A total of 9 properties are for sale, and the percentage of properties for sale in the zip code is 9.00%. The total count of 47143 properties is 1,313.
- Pre-ForeclosurePre-foreclosure homes account for 0.15% of all residential properties in 47143 with memphis containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 47143; of that cities, the estimated home value for pre-foreclosure homes ranges from $241,872 in memphis to the lowest home value of $217,473 in memphis.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 47143 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 47143. There is 1 cities within 47143; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 47143. Auction homes and other auction properties account for 0% of all properties in 47143. There is 1 cities within 47143; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for 47143
The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.
The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.
The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.
Learn how a short sale can stop the foreclosure process.