Market Datavs. 1 year ago
30-year mortgage6.76%▲ +0.41 pts15-year mortgage6.09%▲ +0.59 pts10-year Treasury4.96%▲ +0.95 ptsMortgage spread1.80 pts▼ -0.54 ptsMedian list price (Aug)$425k▼ -1.3%List $/sqft (Aug)$224▼ -1.8%Days on market (Aug)60 +0 daysActive listings (Aug)1.14M▲ +3.6%New listings (Aug)402k▼ -0.1%Pending sales (Aug)452k▼ -0.6%Housing starts (Jul)1.24M▼ -13.5%Building permits (Jul)1.43M▲ +2.4%New-home sales (Jul)607k▼ -6.3%Existing-home sales (Aug)3.98M▼ -1.2%Months of supply (Jul)9.6▲ +0.4 moMortgage delinquency (Q2)1.86%▲ +0.08 pts
Updated 9:40 PM ET
Top Sales

Memphis, Tennessee Metro Area Top 5 Home Sales: Germantown Cove Home Tops the Week at $1.50 Million

A five-bedroom Germantown home sold for $1.50 million to lead the Memphis metro area's five highest-priced reported home sales for the week ending September 6, 2026.

Memphis, Tennessee Metro Area Top 5 Home Sales: Germantown Cove Home Tops the Week at $1.50 Million

The house at 2547 Delmead Cv, set on about an acre at the end of a quiet cove, closed at its full asking price on August 31 and went under contract five days after the current listing date. It led five reported sales across the metro β€” in Germantown, Memphis and Piperton β€” that combined for $6.34 million for the week ending September 6, 2026.

The five closings range from a 1920 Midtown Memphis residence brought back through a five-year, ground-up restoration to a 2020 custom build in Germantown’s gated Maplewood community. Judy McLellan of Crye-Leike, Realtors represented the listing side of two of this week’s five highest-priced reported sales.

No. 1 — $1,495,000 · 2547 Delmead Cv, Germantown, Tennessee

Top home sale No. 1 in the Memphis, Tennessee metro area β€” 2547 Delmead Cv, Germantown, Tennessee, week ending September 6, 2026

The 1991 house at 2547 Delmead Cv sits on about an acre at the end of a quiet Germantown cove, and its $1,495,000 sale topped every other reported home sale in the metro for the week. The five-bedroom residence offers a reported 5,131 square feet, with a kitchen built around a Wolf range with a six-burner gas cooktop and a vegetable steamer, lit by large windows overlooking the backyard.

That backyard is built for entertaining: a phantom-screened porch, a pool, a hot tub, a fire pit and a 22-foot gazebo with a six-seat bar, a coffered wood-plank ceiling, a gas grill, a sink, an icemaker and a mini fridge. Recent updates include a renovated primary bath, a new roof and two new air-conditioning units in 2025, a whole-home generator, an EV charger and natural-finish hardwoods.

The transaction ranked No. 1 in RealtyWire’s weekly Memphis Metro Area Top 5. The property previously changed hands for $1,025,000 in 2020, and McLellan has appeared in the metro’s Top 5 roundups twice before.

Judy McLellan of Crye-Leike, Realtors was the listing agent. Jennifer Williams of Hobson Realtors represented the buyer.

See this property in Google Street View →

No. 2 — $1,335,000 · 9016 Winston Woods Cir, Germantown, Tennessee

Top home sale No. 2 in the Memphis, Tennessee metro area β€” 9016 Winston Woods Cir, Germantown, Tennessee, week ending September 6, 2026

In Maplewood, a gated community in the heart of Germantown, a custom home built in 2020 brought $1,335,000 in a September 1 closing, the metro’s No. 2 reported sale of the week. The five-bedroom house spans a reported 5,449 square feet, with two bedrooms and a separate office on the main level and three more bedrooms, a bonus room and a workout room upstairs.

An open floor plan looks onto a screened porch with its own fireplace for indoor-outdoor living, and the landscaped yard holds an outdoor kitchen, a gunite pool and a hot tub. A three-car garage, a generator and a primary shower with heated floors round out the amenities. The home went under contract five days after the current listing date and previously changed hands for $1,041,870 in 2020; Suzanne M Culpepper has appeared in a RealtyWire Top 5 roundup for the metro once before.

Suzanne M Culpepper of The Murphy Company, Realtors was the listing agent. Meredith S Vezina of Keller Williams represented the buyer.

See this property in Google Street View →

No. 3 — $1,250,000 · 227 Stonewall St, Memphis, Tennessee

Top home sale No. 3 in the Memphis, Tennessee metro area β€” 227 Stonewall St, Memphis, Tennessee, week ending September 6, 2026

A 1920 residence at 227 Stonewall St in Midtown Memphis sold for $1,250,000 β€” its full asking price β€” on September 3, following a five-year, ground-up restoration completed in 2024. The six-bedroom home offers a reported 7,233 square feet on a one-acre double lot, its historic character preserved while every major system was rebuilt: new PEX plumbing, dual 200-amp electrical panels, four-zone HVAC and five-zone radiant floor heating.

The custom kitchen centers on a La Cornue induction range under a brass-clad vent hood. A carriage house adds four garage bays with EV receptacles and a 1,500-square-foot, two-bedroom guest apartment, and the grounds hold a gunite pool with an automatic cover, an 11-foot outdoor kitchen, a 12-by-24-foot pergola with an antique tile floor and 16-zone irrigation.

The property previously changed hands for $475,000 in 2019, before the restoration was completed. The full-price closing ranked No. 3 in RealtyWire’s Memphis Metro Area Top 5 for the week.

David D Da Ponte of Sowell, Realtors was the listing agent. Margaret E Mikkelsen of Marx-Bensdorf, Realtors represented the buyer.

See this property in Google Street View →

No. 4 — $1,160,000 · 2500 S Houston Levee Rd, Memphis, Tennessee

Top home sale No. 4 in the Memphis, Tennessee metro area β€” 2500 S Houston Levee Rd, Memphis, Tennessee, week ending September 6, 2026

Four bedrooms, each with its own en suite bath, anchor the house at 2500 S Houston Levee Rd in Memphis, which sold for $1,160,000 on September 3, the week’s No. 4 reported sale. Built in 1974 and renovated from top to bottom, with all-new bathrooms and new flooring, the home offers a reported 4,580 square feet and pairs its kitchen with a separate scullery kitchen.

Outdoor living spaces include a large fireplace and multiple sitting areas overlooking a tennis and pickleball court, and the interior rooms look out over a gunite pool. The property, in the Mull Estates area, has easy access to Germantown, Collierville and East Memphis, and it previously changed hands for $700,000 in 2023.

Leigh Martin of Hobson Realtors was the listing agent.

See this property in Google Street View →

No. 5 — $1,100,000 · 70 Greenbrier Lakes Cv, Piperton, Tennessee

Top home sale No. 5 in the Memphis, Tennessee metro area β€” 70 Greenbrier Lakes Cv, Piperton, Tennessee, week ending September 6, 2026

The week’s list closes in Piperton, where a 2013 house in the Lakes of Greenbrier community sold for $1,100,000, closing at its full asking price on August 31 after going under contract seven days after the current listing date.

A four-car gated motor court and iron front doors open to a barrel-ceiling entry and a great room with a 14-foot wood-plank ceiling, a floor-to-ceiling stone fireplace and a wall of windows and sliders framing wooded, pastoral views. The kitchen carries a five-burner gas cooktop and double ovens and opens to a dining room with sliders to a vaulted screened porch overlooking the parklike backyard and its fire pit.

The four-bedroom home spans a reported 5,276 square feet, with a study with hardwoods and a gas-log fireplace, the primary suite and a second en suite bedroom downstairs, and two more en suite bedrooms, a media room and a large playroom upstairs, plus a 21-by-16-foot exercise retreat with a wet bar and full bath out back. The property previously changed hands for $689,000 in 2018, and the sale put Judy McLellan of Crye-Leike, Realtors on the listing side of her second Top 5 transaction of the week.

Judy McLellan of Crye-Leike, Realtors was the listing agent. Joyce Chasteen of Crye-Leike, Inc., Realtors represented the buyer.

See this property in Google Street View →


RealtyWire selected these transactions from publicly reported residential sales identified for the calendar week ending Sunday, September 6, 2026. The report may exclude private, off-market, delayed or nondisclosed transactions. Prices, property details and professional representation are reported as available at publication and may be updated following confirmation from transaction participants.

Were you involved in one of these transactions? Contact RealtyWire to verify or correct your professional credit or submit information for a future edition.

See full market data on our Memphis, Tennessee market page.

βœ‰

Stay ahead of the market.

Get expert insights, market updates, and new opportunities delivered to your inbox.

RealtyWire Newsletter Signup
We respect your privacy. Unsubscribe anytime.