$17,000
5
--Bds
--Ba
5,662.8sqft lot
Land for sale
Ware Jones, Realtors Listing provided by MAAR
Land for Sale in New Chicago, Memphis, TN
6 Homes for Sale
Sort by:Newest Listings
$20,000
12
--Bds
--Ba
4,791.6sqft lot
Land for sale
Renshaw Company, Realtors Listing provided by MAAR
$20,000
6
--Bds
--Ba
2,178sqft lot
Land for sale
Renshaw Company, Realtors Listing provided by MAAR
$20,000
4
--Bds
--Ba
11,325.6sqft lot
Land for sale
Renshaw Company, Realtors Listing provided by MAAR
$20,000
6
--Bds
--Ba
4,791.6sqft lot
Land for sale
Renshaw Company, Realtors Listing provided by MAAR
$20,000
8
--Bds
--Ba
4,791.6sqft lot
Land for sale
Renshaw Company, Realtors Listing provided by MAAR
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New Chicago, TN Housing Market Overview
New Chicago in Memphis is a balanced market, giving buyers and sellers room to negotiate. Homes are selling for 90.28% of asking price and averaging 14 days on the market, so you can make decisions without the pressure of a highly competitive market.
Status
Balanced Market
Days on Market
14
Inventory
12
Sep 2021Feb 2024Feb 2026
Median Home Price
$70,000Down 0.15%
In Feb 2026 · YoY
Sep 2021Feb 2024Feb 2026
Mortgage Rates 30-Yr Fixed
6.23%Down 0.58%
Current rate · YoY
Loan Type
30-Year Fixed
Housing Supply
- Homes For Sale
- 12 Down 0.00%
- Newly Listed Homes
- 13 Up 0.63%
- Months of Supply
- 4 Down 0.00%
Housing Demand
- Homes Sold
- 3 Down 0.00%
- Sale-to-List Ratio
- 90.3% Up 2.21%
- Homes Sold Above List
- 0% Down 0.00%
30-yr fixed rate 6.23% · Data as of Feb 2026 · Source: Houzeo Research.
View Full New Chicago Market ReportNo. of Homes
Prices
No. of Homes
Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Oct 9, 2026, 2:30 PM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2025 Memphis Area Association of REALTORS®. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. © 2026 Memphis Area Association of REALTORS®. All Rights Reserved. Angela Fowler Real Estate, LLC | 423.320.4620 Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
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New Chicago, Memphis, TN Housing Market
6
Homes Available
$ 70,000
Median List Price
14 Days
Avg on Market
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For Sale
Price
Beds & Baths
Home Type (1)
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