High Point Terrace · Memphis, TN

Is Now a Good Time to Sell in High Point Terrace, Memphis?

The median home in High Point Terrace sells for $314,000 with prices down 4% year-over-year. Ridley's flat fee saves you $5,921.

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High Point Terrace Real Estate Market Conditions

47out of 100

Ridley Sell Score

How it's scored →

Cooling

47/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The High Point Terrace market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Tennessee average is 5.9.

Price MomentumFavors buyers

Prices down 3.7547892720000005% year-over-year — vs. -0.3% statewide.

Seller LeverageFavors buyers

Homes selling at 96.77% of asking — buyers are negotiating 3.2% below list. Tennessee average is 97%.

Bidding ActivityFavors buyers

4.76% of homes selling above list price — 63% below the Tennessee average of 13%.

Sale SpeedFavors sellers

49 median days on market — 40 days faster than the Tennessee average.

Market UrgencyFavors buyers

13.64% of listings go pending within 2 weeks — vs. 22.4% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Tennessee average is 21.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$314,000

-4%

Days on Market

49

Price per Sq Ft

$216

Sale-to-List Ratio

96.77%

Homes Sold

21

Sold Above List

4.76%

Pending in 2 Weeks

13.64%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Memphis — delivered monthly.

Your savings

How much can you save selling in High Point Terrace?

$0Estimated savings

That's 6 months of groceries — save 1.9% of your home value

$314,000

$50,000$10M

Traditional Agent (3%)

$9,420

Ridley Pro (flat fee)

$3,499

Ready to sell in High Point Terrace?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in High Point Terrace

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$9,420$3,499$999
Buyer agent$8,7922.8% avg$6,280~2% avg$6,280~2% avg
Closing costs (~1.5%)$4,710$4,710$4,710
Total cost$22,922$14,489$11,989
You save$5,921$8,421

Based on the High Point Terrace median home price of $314,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in High Point Terrace

A flat fee of $3,499 instead of the typical $9,420 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using High Point Terrace market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere High Point Terrace buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $5,921 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in High Point Terrace

Ready to sell in High Point Terrace?

Save $5,921

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