With 784 square miles, Shelby County is the largest county in Tennessee both in population and landmass. Naturally, there are many real estate options in Shelby County to consider. While the average price of Shelby Country homes is $80,000, there are many neighborhoods and cities to consider.
The largest city in the county is Memphis, where Shelby County homes average sales at $86,000 – or approximately $71 per square foot. However, within Memphis itself, Shelby County Homes for sale would be priced on average at $215,000 downtown or $320,000 in the River Oaks subdivision.
Aside from Memphis, Shelby County is home to smaller, yet affluent cities such as Collierville, where Shelby County real estate averages prices at $208,000. On the other side of Memphis, however, Germantown averages $243,000, with some medians as high as $394,000 in Germantown East.
Regardless of the city, Shelby County real estate has experienced an upward swing over the last few years. As the county provides more employment opportunities in Memphis and improved school systems that have been named some of the best in the nation, the value of Shelby County homes continues to increase.
Shelby County – Tennessee
Shelby County Tennessee continues to have a promising future. With many natural elements such as the Mississippi River, the natural landscape and beautiful seasonal weather makes Shelby County real estate a model place to consider home. When you consider the city “feel” Memphis provides, combined with the charm of the southern small town, Shelby County homes become an undeniably appealing option.
Considering the commercial growth in Memphis and the success of suburban districts such as Collierville and Germantown, indicators suggest that Shelby County real estate is a wise investment. However, navigating through the largest county in Tennessee can be a daunting task. Instead of trying to figure out Shelby County real estate alone, trust the experience and guidance of John Green & Company Realtors. Since 1979, with a specialty in top suburban areas, we have helped thousands of households sell their homes or purchase new ones. Regardless of your budget, John Green & Company Realtors makes you the number one priority. There’s a reason John Green & Company has consistently ranked in the top ten real estate firms in the greater Memphis region, so be sure to contact us today!
Average List Price: $261,723
Average Days on Market: 151
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