ZIP Code Market Report
79245 — Memphis, TX
Data through February 2026 · Updated monthly
Avg Home Value
$70,460
▲ 14.1% year-over-year
Month-over-Month
-0.5%
▼ 0.5%
Single Family
$70,013
Condo / Co-op
--
The average home value in the 79245 ZIP code (Memphis, TEXAS) is $70,460 as of February 2026. Home prices are rising, up 14.1% compared to last year.
The market in 79245 has a $102,745 spread between bottom-tier homes at $43,090 and top-tier homes at $145,835. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Hall County market area in TEXAS. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Hall County report.
Free Home Value Estimate
What's your home worth in 79245 (Memphis)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free · Takes 30 seconds · Based on real sale data
Market Snapshot
79245 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $69,853 | $70,801 | $70,460 | ▲ 0.9% |
| Single Family Value | $67,497 | $69,108 | $70,013 | ▲ 3.7% |
Home Values
79245 Home Value Trend
Historical home values for ZIP code 79245. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 79245
How different property types compare in this ZIP code.
All Homes
$70,460
Single Family
$70,013
Bottom Tier
$43,090
Top Tier
$145,835
Data Sources and Methodology
Home value data for ZIP code 79245 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
Investing in Memphis?
Run your ARV and MAO instantly with live market data