Memphis, TN HUD Homes for Sale
Memphis is the county seat of Shelby County in the state of Tennessee. The city is located along the Mississippi River and includes portions of the neighboring states Arkansas and Mississippi. Memphis is rich of history and has long been important on the music scene. The city played an important role in the American Civil rights movement, and is home to the National Civil Rights Museum. If you're looking for the soul and heart of the city, you should go to Beale Street - with historic blues clubs, and restaurants. The city's music has influenced other genres such as country, rock 'n' roll, soul, and hip-hop. It is also known for its cuisine, mainly its barbecue and each year holding the World Championship Barbecue Cooking Contest.
For a city like Memphis, with its 650,910 residents, HUD homes are an increasingly viable option for those trying to move into a new home but may be feeling squeezed out of the current housing market. HUD homes are owned by the US Department of Housing and Urban Development and present a greater range of financing options than traditional homebuying paths. With a median household income of $41,864 and a median home value of $107,100, HUD homes in Memphis aren't just a way to get into a housing market that is already experiencing shortages, they may just be the ideal way for you. To learn more about our current HUD homes in Memphis, TN, register today! The perfect home could be waiting for you.
More Memphis, TN Property Resources
HUD Homes in Cities Near Memphis, TN
- Arlington
- Atoka
- Bartlett
- Braden
- Bridgetown
- Byhalia
- Collierville
- Cordova
- Drummonds
- Eads
- Gallaway
- Germantown
- Hernando
- Horn Lake
- Lake Cormorant
- Lakeland
- Lamar
- Lynchburg
- Marion
- Memphis
- Millington
- Mount Pleasant
- Munford
- Nesbit
- Oakland
- Olive Branch
- Piperton
- Pleasant Hill
- Red Banks
- Rossville
- Somerville
- Southaven
- Victoria
- West Memphis
Neighborhoods in Memphis, TN
Bremington Place Association hud homes for sale Normandy Meadows Neighborhood Association hud homes for sale Audobon Square Condominium Association hud homes for sale Colonial View Civic Club hud homes for sale Mendenhall Estates Neighborhood Association hud homes for sale Sea Isle Park Neighborhood Association hud homes for sale St. Nick Neighborhood Association hud homes for sale Walter J. Simmons Estates Residents Association hud homes for sale Walton Lake Neighborhood Association hud homes for sale Williamsburg Colony Association hud homes for saleBuying a Home in Memphis, TN
Discover and understand more about what you can expect for Memphis, TN in terms of weather, education levels, income levels and more to get a better feel for the city.
Current Memphis population
Memphis, TN currently has a population of 650,910 which means it is a large city with lots to do for every size family and household. Take advantage of the wide variety of restaurants, sites and variety of outside activities for families of all sizes.
Typical Rent Asked in Memphis, TN
Median Home Price in Memphis, TN
Households by Income in Memphis, TN
Top Reasons to Buy a HUD Home in Memphis
About Memphis Real Estate According to US News the average cost to buy a home in Memphis is approximately $143,000, which is well below the national average. The average monthly cost to rent a home is below the national average. Memphis has one of the lowest costs of living for a large metro area. Mortgage expenses are considerably lower than the national average. expenses for food and services are also significantly lower than in other major regions, especially in the more rural areas that spread out beyond the metro region.
Living in Memphis, TN Memphis is known for its music, historic role in the civil rights movement, and its cuisine.
Memphis Rock 'n' Soul Museum is a must for any rock 'n' roll or soul music fan, as you will learn all about how Memphis played a part in the roots of these genres. This museum explores Memphis' musical influence, from the rural field hollers and sharecroppers of the 1930s to the emergence of Sun, Stax, and Hi Records. It is located on in the heart of Memphis on the legendary Beale Street.
Sun Studio is often said to be the birthplace of rock 'n' roll. Its former owner Sam Phillips helped starting many musicians' careers, among them Elvis Presley, B.B. King, Roy Orbison, and Johnny Cash.
Graceland was Elvis Presley's kingdom and is located approximately 10 miles south of downtown Memphis, is one of the most-visited private homes in the country. If you stop by for a tour, among the things you can see are the King's famous jungle room, his pink Cadillac, record collection and even shoes and gifts sent to him from fans. Elvis' grave is also located on the Graceland grounds.
Beale Street is where you should go if you are looking for the heart and soul of Memphis culture. It was here that the blues was born, and many famous musicians including B.B. King, Alberta Hunter and Isaac Hayes started their career. During the day, stores and restaurants beckon with music memorabilia and savory barbecue. At night, the area comes to life as numerous live music clubs open their doors to music fans of all types. The Beale Street area is home to popular tourist attractions, including the Orpheum Theatre, the W.C. Handy House Museum, and the New Daisy Theatre.
Transportation and commutes in Memphis Almost every working Memphis residents commute to work by driving alone, or commute via carpool. The public transportation is operated by the Memphis Area Transit Authority (MATA), providing bus lines and a downtown trolley system.
Inter-city bus is provided primarily by Greyhound Lines, Inc. Inter-city rail service is provided by Amtrak's New Orleans, as a once daily stop in each direction between Chicago and New Orleans. Memphis International Airport (MEM) is a civil and military use airport. The airport has daily flights to domestic destinations, some of which are seasonal. There are international flights to Toronto, Canada, as well as seasonal charter to Mexico.
