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Real Estate Market Overview

Munford,

Tennessee

 

Investment Opportunities

🏠 0 Homes For Sale Now

About Munford

  • Lower property taxes than many nearby suburban markets, supporting stronger net yields
  • Direct access to Highway 51 provides a straightforward commute into the Memphis metro
  • Close proximity to major regional employers across logistics, manufacturing, and distribution in the greater Memphis MSA
  • Housing stock consists primarily of single-family homes with larger lot sizes than typical suburban developments
  • Smaller, less dense community with limited new construction compared to surrounding areas
  • Attractive rent-to-price ratios compared to more competitive Memphis suburbs
  • Access to local retail, dining, and essential services, with expanded options in nearby Atoka and Millington
  • Munford Middle Schools top 20% in Tennessee, Munford Elementary Schools rank top tier (A-)

🏢 6,460 Population
🛣️ 27 miles from Memphis from Memphis from Downtown Memphis

Munford

,

TN

📊 Key Market Criteria

1.Strong Economy

Munford benefits from its location within the greater Memphis metropolitan area, a region anchored by logistics, manufacturing, and healthcare. Its proximity to Millington’s commercial district and Ford’s BlueOval City—just 40 minutes away—positions it to capture economic growth from large-scale industrial and automotive investment across West Tennessee.

2.Stable Appreciation

Home values in Munford have appreciated steadily over the past several years, with median prices near $285,000 and moderate annual increases supported by limited new construction and growing demand from regional workforce expansion. This measured growth pattern supports consistent equity gains without market volatility.

3.Supply and Demand

Housing supply in Munford remains constrained relative to its growing population and employment base. The nearby development of BlueOval City and supporting supplier networks is driving new housing demand across Tipton County, helping to maintain strong rental occupancy and competitive pricing for investors.

4.Quality Properties

Munford’s housing stock includes newer single-family homes and well-maintained established neighborhoods, offering a mix of modern layouts and efficient construction. New builds in the area emphasize energy efficiency, low-maintenance materials, and long-term durability—features well-suited to investment ownership.

5.Quality Neighborhoods

The city maintains a safe, well-managed environment with access to parks, recreational facilities, and local shops. The annual Munford Fall Festival and community programs reflect civic pride and active engagement, factors that contribute to neighborhood stability and sustained property values.

6.High Rents (Relative to Price)

Munford’s affordability compared to nearby Memphis and Millington gives it a favorable rent-to-price ratio. Rental homes typically generate strong cash flow relative to acquisition cost, supported by steady demand from professionals and workers employed in logistics, education, and manufacturing sectors.

7.Low Taxes and Rates

Tipton County’s property tax rate averages around 0.73 percent—well below national norms—and Tennessee has no state income tax. These structural advantages, combined with manageable insurance costs, enhance investor yields and portfolio scalability.

8.Favorable Weather

Munford experiences a temperate four-season climate with mild winters and warm summers, limiting the maintenance risks and insurance premiums often associated with severe weather zones. This contributes to predictable operating expenses and long-term property preservation.

9.Efficient Legal Environment

Tennessee’s landlord-tenant laws are among the most favorable in the nation, offering clear, efficient processes for leasing and dispute resolution. The absence of rent control and streamlined legal procedures ensure a stable, investor-friendly environment for property ownership.

Munford Real Estate

Munford, Tennessee’s real estate market offers investors steady appreciation and strong demand driven by regional job growth and affordable entry points. Median home prices average around $285,000, reflecting a 6 percent annual increase supported by limited housing supply and expanding workforce migration linked to nearby BlueOval City. With low property taxes, no state income tax, and growing infrastructure investment across Tipton County, Munford provides a favorable environment for long-term rental performance and portfolio stability. Its accessibility to Memphis and Millington enhances both tenant demand and resale potential.

redfin.com/city/13800/TN/Munford/housing-market
zillow.com/munford-tn/home-values
datausa.io/profile/geo/munford-tn
census.gov/quickfacts/munfordcitytennessee

3 Homesites
0 For Sale
0 Coming Soon
0 Pending
3 Sold
Stewart Road, Munford, TN 38058
🛏️ 4 Beds
🛁 2.5 Baths
🏡 1,900 SF
Stewart Road, Munford, TN 38058
🛏️ 5 Beds
🛁 3 Baths
🏡 2,200 SF
Stewart Road, Munford, TN 38058
🛏️ 5 Beds
🛁 3 Baths
🏡 2,200 SF

Come tour Munford in person.

Meridian will fly you and a guest to Memphis to tour available properties, meet our team, and explore the market firsthand—at no cost to qualified investors.

Subdivisions In Munford

Subdivision: Villages of Green Meadows

Villages of Green Meadows is a small-scale, purpose-built residential community in Munford, Tennessee, offering a limited number of build-to-rent single-family homes within a low-density setting. With only a few homesites and a controlled footprint, the subdivision provides a level of supply constraint that supports consistent demand and reduces turnover pressure often seen in larger developments.

The homes are designed with rental performance in mind, featuring 4–5 bedroom layouts and approximately 1,900 to 2,200 square feet of living space. Interior specifications prioritize durability and long-term efficiency, including luxury vinyl plank flooring in main areas, tile in wet spaces, and modern kitchen and bath finishes. These selections align with current tenant expectations while helping minimize ongoing maintenance and capital expenditures.

Set within a landscape of open land and tree lines, Villages of Green Meadows offers a more spacious and private environment than many suburban infill communities. At the same time, it maintains convenient access to nearby commercial corridors in Munford and Millington, as well as the broader Memphis logistics and industrial economy. Major regional employers, including FedEx, Nike, and International Paper, continue to anchor employment demand across the area.

For investors, this subdivision represents a targeted build-to-rent opportunity with limited inventory, efficient home design, and access to a stable employment base—key factors that support predictable cash flow and long-term asset performance.

🛏️ 4+ Bedrooms
🛁 2.5+ Baths
🏠 1,904-2,225
📐 4 Floor plans
🌳 10,623-11,780 Acre lots
📬 $300 HOA
🛡️ $725 Insurance

Employers Near Munford

A strong job market is one of the most critical components to consider when purchasing an investment properties. These major employers have strong footholds in the Memphis area, are offering high-paying job opportunities and are investing billions of dollars in the Memphis market.

No businesses selected.

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Curious about Munford real estate?

Speak with an experienced advisor about our fully managed rental properties — no pressure, just data, insights, and answers.

We strive to provide accurate, up-to-date market data and regional insights to support your research. This information is for educational purposes only and should not be considered business, legal, financial, or investment advice. Market conditions can change quickly, and figures may be updated by outside sources without notice. If you spot something that needs clarification or correction, please reach out—we appreciate your help in keeping our market information current.

The presentation was prepared by Brian Conlon on December 12, 2025 exclusively for Kurt and Elsa Kanish.
The calculations and data presented herein are deemed to be accurate, but accuracy is not guaranteed. They are intended for the purpose of illustrative projections to facilitate analysis. Financial projections and goals are pro forma estimates which are not guaranteed. They are based on assumptions which are subject to fluctuations. Actual results may vary. Floor plans and front elevations may vary slightly from the drawings shown herein.
This information is not intended to replace or serve as a substitute for any legal, real estate, tax or other professional advice, consultation or service. The prospective buyer should consult with professionals in the respective legal, tax, accounting, real estate, or other professional areas before making any decisions or entering into any contracts pertaining to the property or properties described herein. In viewing this presentation you accept our terms and conditions.

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