New Homes in Memphis, TN Under $400K :: 5 Communities

Memphis Homes Under $400K

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            5 Communities

            Quick Move-In Hot Deals

            Woodland Hills II by Regency Homebuilders in Memphis Tennessee
            homes in Woodland Hills II by Regency Homebuilders
            homes in Woodland Hills II by Regency Homebuilders
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            Woodland Hills II

            Community by Regency Homebuilders

            Woodland Levee Way
            Cordova, TN 38018

            Regency Homebuilders

            from $364,900 - $414,900

            5 homes match your search

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            Stonecrest by Regency Homebuilders in Memphis Mississippi
            homes in Stonecrest by Regency Homebuilders
            homes in Stonecrest by Regency Homebuilders
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            Stonecrest

            Community by Regency Homebuilders

            5050 Stonecrest Drive
            Olive Branch, MS 38654

            Regency Homebuilders

            from $289,900 - $324,900

            8 homes match your search

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            Williams Ridge by Regency Homebuilders in Memphis Mississippi
            homes in Williams Ridge by Regency Homebuilders
            homes in Williams Ridge by Regency Homebuilders

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            Williams Ridge

            Community by Regency Homebuilders

            3075 Tina Renee Lane
            Nesbit, MS 38651

            Regency Homebuilders

            from $309,900 - $334,900

            6 homes match your search

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            Fairway Village by Regency Homebuilders in Memphis Tennessee
            homes in Fairway Village by Regency Homebuilders
            homes in Fairway Village by Regency Homebuilders

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            Fairway Village

            Community by Regency Homebuilders

            25 Laurel Glen Drive
            Oakland, TN 38060

            Regency Homebuilders

            from $319,900 - $344,900

            7 homes match your search

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            Hidden Springs by Regency Homebuilders in Memphis Tennessee
            homes in Hidden Springs by Regency Homebuilders
            homes in Hidden Springs by Regency Homebuilders
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            Hidden Springs

            Community by Regency Homebuilders

            20 Chesnut Ridge Drive
            Oakland, TN 38060

            Regency Homebuilders

            from $291,900 - $333,900

            8 homes match your search

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            New Home Cities in Memphis

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            CityCommunitiesAverage New Home Price
            Lakeland3$477,515
            Collierville2$543,122
            Oakland2$320,166
            Olive Branch1$308,275
            Nesbit1$323,900
            Cordova1$393,400
            Germantown1$763,084

            New Homes in Memphis by Region

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            RegionCommunitiesAverage New Home Price
            East Memphis 17$256,000
            Memphis Downtown 16$276,000
            North Memphis 1$320,000

            Memphis features many of the best home builder communities in Tennessee, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Memphis has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Memphis area. In fact, there are 5 communities and 1 builders in Memphis with homes starting at under $400K.

            How to Find Homes in Memphis For Less Than $400K?

            Many builders recognize there is growing demand in the Memphis area for homes under the $400K price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices.