Shelby Forest-Frayser, Memphis Real Estate & Homes For Sale
249 homes
Use arrow keys to navigateNEW - 4 HRS AGO0.27 ACRESKeller Williams, MAAR
Use arrow keys to navigateNEW - 15 HRS AGO0.37 ACRESFoundation Property Management, MAAR
Use arrow keys to navigateNEW - 1 DAY AGO0.34 ACRESRenshaw Company, REALTORS, MAAR
Use arrow keys to navigateNEW - 1 DAY AGOThe Home Partners Realty, MAAR
Use arrow keys to navigateNEW - 1 DAY AGO0.34 ACRESFoundation Property Management, MAAR
Use arrow keys to navigateNEW - 2 DAYS AGO0.31 ACRESKAIZEN Realty, LLC, MAAR
Use arrow keys to navigateNEW - 2 DAYS AGOKAIZEN Realty, LLC, MAAR
0.32 ACRESHeritage Homes Co., MAAR
0.28 ACRESTri-Leake Realty, MAAR
CrestCore Realty MphsBrokerage, MAAR
0.32 ACRESTrelora Realty, MAAR
0.32 ACRESEmmett Baird Realty, LLC, MAAR
0.32 ACRESAdvantage Property Management, MAAR
0.26 ACRESCrye-Leike, Inc., REALTORS, MAAR
0.27 ACRESCrye-Leike Inc., REALTORS, MAAR
Foundation Property Management, MAAR
0.3 ACRESFoundation Property Management, MAAR
0.25 ACRESCrye-Leike, Inc., REALTORS, MAAR
Crye-Leike, Inc., REALTORS, MAAR
0.32 ACRES
OPEN SUN, 2-4PM
3D VIEW0.4 ACRESEpique Realty, MAAR
Shelby Forest-Frayser, Memphis, TN Real Estate Trends
Learn about the Shelby Forest-Frayser, Memphis, TN housing market through trends and averages.Affordability of Living in Shelby Forest-Frayser, Memphis, TN
The median home value is $87,776
| Month | Median home value |
|---|---|
| May 2025 | $94,059 |
| June 2025 | $92,630 |
| July 2025 | $91,450 |
| August 2025 | $91,135 |
| September 2025 | $91,106 |
| October 2025 | $91,131 |
| November 2025 | $90,771 |
| December 2025 | $90,188 |
| January 2026 | $89,639 |
| February 2026 | $89,465 |
| March 2026 | $88,813 |
| April 2026 | $87,776 |
Trends and affordability stats are provided by third party data sources.
Average Home Value in Shelby Forest-Frayser, Memphis, TN, by Home Size
| Home Size | Home Value* |
|---|---|
| 2 bedrooms (See homes) | $66,270 |
| 3 bedrooms (See homes) | $88,366 |
| 4 bedrooms (See homes) | $114,085 |
Explore the Neighborhood
672 Homes For You- Buy: $4k - $4.2m
Neighborhood stats provided by third party data sources.
What Locals Say about Shelby Forest-Frayser
Review Highlights
Shelby Forest-Frayser offers budget-friendly homes, watchful neighbors, and solid school options. People like the tight-knit feel, affordable homes, and nearby schools. They dislike gunshots, burglaries, stray dogs, few parks, and weak police and transit.
AI-generated summary of moderated reviews.
Learn more about Shelby Forest-Frayser
See information on schools, amenities and more.See Shelby Forest-Frayser Insights
Based on information submitted to the MLS GRID as of 2026-05-19 15:38:09 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.
Some or all of the listings displayed may not belong to the firm whose website is being visited.