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Memphis, Tennessee
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Modern Memphis Realtor

Real Estate Agent · Homes: Margaret Mikkelsen · Memphis, Tennessee

Photo: Skyline of Memphis, TN by Quintin Soloviev, CC BY 4.0 via Wikimedia Commons

Real Estate Agent in Memphis

About Modern Memphis

Margaret Mikkelsen is a real estate agent with Marx-Bensdorf Realtors in Memphis, Tennessee, whose page is titled Modern Memphis Homes. Her description says she serves Greater Memphis with a focus on modern and midcentury homes.

Buyers interested in modern or midcentury houses can ask Margaret Mikkelsen which neighborhoods have these homes, how renovations affect value and what to watch for during inspections of older designs, such as flat roofs and original systems. Sellers of architecturally distinctive homes can ask how she presents those features to buyers.

Agent with Marx-Bensdorf Realtors Serving Greater Memphis I Modern & Midcentury— How Modern Memphis describes their work

What the data says about Memphis

High rent-to-price ratio

Typical rent of $1,232 a month equals a gross yield of about 10.2% on the typical $145,335 home, against roughly $827 a month in principal and interest (10% down, 6.5%).

Many listings nearby

25 other listed real estate professionals work within 25 miles of Memphis, 12 of them in Memphis itself. The map and the list further down sort them by distance.

Location

Memphis, Tennessee

Local time

2:35 AMMemphis · Central Time · Tuesday, October 13

No published office hours. If this is your listing, you can send your hours.

Home values in Memphis

Typical home$145K
1-year-2.8%
5-year+7.0%
Typical rent$1,232
$60K$97K$133K$170KAug 2016 · $74,448Feb 2017 · $78,731Aug 2017 · $82,225Feb 2018 · $87,438Aug 2018 · $92,188Feb 2019 · $97,946Aug 2019 · $100,944Feb 2020 · $105,400Aug 2020 · $110,224Feb 2021 · $123,821Aug 2021 · $135,848Feb 2022 · $145,126Aug 2022 · $159,273Feb 2023 · $155,451Aug 2023 · $154,150Feb 2024 · $148,387Aug 2024 · $151,895Feb 2025 · $153,013Aug 2025 · $149,456Feb 2026 · $148,607Aug 2026 · $145,335Aug 2016Aug 2021Aug 2026

As of August 2026, Zillow’s home value index puts a typical Memphis home at roughly $145,335. Over twelve months the typical value fell 2.8%, against a +0.7% change for Tennessee as a whole. The five-year change stands at +7.0%. Memphis sits 57% below the Tennessee typical value of $334,108. Renters pay around $1,232 per month for a typical unit, +1.3% versus last year.

Monthly payment calculator

Starts from the typical Memphis home value. Change any field.

Principal & interest—
Total monthly—
Loan amount—
Income for 28% rule—

Estimate only. Taxes and insurance start at an assumed 1.5% of the price per year; enter real figures for a specific home. PMI and HOA dues are not included.

Source: Zillow Home Value Index and Observed Rent Index, August 2026. More on the Memphis market

Profile details

NameModern Memphis
Profile typeReal Estate Agent
BrokerageHomes: Margaret Mikkelsen
Primary marketMemphis, Tennessee
CountyShelby County
Social media followers227
License regulatorTennessee Real Estate Commission
Time zoneCentral Time
Last reviewedOctober 13, 2026

Communities around Memphis

CommunityDistanceTypical home1 yearListed
Bartlett, TN11 mi$320,892-0.9%1
Southaven, MS11 mi$273,007+1.5%1
Germantown, TN14 mi$485,907-1.0%4
Olive Branch, MS18 mi$332,043+1.0%5
Hernando, MS23 mi$344,819+2.2%1
Arlington, TN24 mi$407,320-1.7%1
Atoka, TN25 mi$350,873+0.9%1

Questions about Modern Memphis

Where is Modern Memphis located?
Modern Memphis is listed in Memphis, Tennessee (Shelby County), working with Homes: Margaret Mikkelsen.
Which nearby communities have listed professionals?
Bartlett (11 mi, 1 listing), Southaven (11 mi, 1 listing), Germantown (14 mi, 4 listings), and Olive Branch (18 mi, 5 listings).
What does a typical home cost in Memphis?
About $145,335 in August 2026 (Zillow Home Value Index), -2.8% versus a year earlier; typical rent is $1,232 a month.

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