Memphis, TN Foreclosed Homes & Properties

Foreclosure Homes for Sale in Memphis, TN: Everything You Need to Know

The culture in Memphis, TN, is heavily influenced by the Deep South. Music has played a vital role in the rich heritage of this city. Several important American music genres such as the blues, gospel, rock and roll and country music were created in Memphis.

Memphis in May is a month-long festival that celebrates this music-inspired culture. Different nations are recognized and make up part of the theme each year. 

Also influenced by southern roots, the most preferred type of food is BBQ. The World Championship Barbeque Cooking Contest, the largest in the world, is held in Memphis each year. Soul food eateries are found around every corner, and the most popular ethnic cuisines are Chinese, Italian, and Mexican.  

Know Your Neighborhoods

Memphis residents take great pride in their communities. Cooper-Young is the most iconic neighborhood in the city. This area is filled with Bungalow style homes, mom-and-pop shops, restaurants, and hip pubs. It caters to young progressive families, artists, and hipsters and includes a large LGBTQ community. The average rent for a one-bedroom apartment is $680.

Harbor Town, located on the northern edge of Downtown, is a small eclectic community with upscale townhomes and condos. It also offers a gorgeous view of the Mississippi River. The average rent for a one-bedroom apartment here is $980. Most of the residents in Harbor Town are well-off young families and empty nesters. 

The core area of Memphis is Midtown. This diverse neighborhood is filled with funky artists, live music, and a unique collection of restaurants and bars. Grand, historic homes with stand-out wraparound porches clash with rustic apartments, creating an ostentatious pride for the love of this community. Politicians, hippies, hipsters, and artists of all genres live here. Rent for a one-bedroom apartment in Midtown averages $650. 

Germantown is one of the safest neighborhoods for families to live in. This high-income town is trendy for its excellent schools and large homes with green backyards.  

The Local Sports Scene  

Memphis Park Services provides a city-wide community sports program for residents. This long-term investment has produced top athletes such as Mike Conley, Stubby Clapp, and Penny Hardaway. 

There is one professional league sports team: The Memphis Grizzlies (NBA). Minor League sports teams include the Redbirds (Minor League Baseball) and the Memphis Express (AA Football League). 

Collegiate sports are a big part of the community. The Tigers football team from the University of Memphis plays at the Liberty Bowl Memorial Stadium. The Tigers Basketball team competes at the American Athletic Conference and the FedEx Forum. 

Wrestling is a long-time Memphis favorite. "Power-Pro Wrestling" is filmed locally at the Cook Convention Center in downtown. World-known wrestlers like Hulk Hogan, Stone Cold Steve Austin, Macho Man, and The Rock all started in the wrestling rings of Memphis, TN.  

Memphis’ Climate 

The best times to visit Memphis, TN for warm-weather activities are from April to June and from August to October. The long summer months are hot and muggy. Humidity levels can reach up to 88% in July and August. Temperatures average from 30° lows in the winters up to 91° highs in the summer. This region experiences about 3 inches of snow annually and 54 inches of rain.  Tennessee is prone to severe storms that include hail and snowstorms.  

Floods are frequent in many areas, and the city often recommends that residents have a flood preparedness plan for evacuation. Averaging 29 tornadoes a year, Western and Middle Tennessee are the most vulnerable areas during the spring.