New Homes in Memphis, TN Under $400K :: 4 Communities Skip main navigation

Memphis Homes Under $400K

Distance

Radius

Exact

25 mi

Exact Location

Price

    Price


    to


    Beds & Baths

      Bedrooms
      Bathrooms

      Schools

        School Districts

          More

            Home Type
            Home Status
            Special Offers
            Garages
            Living Areas
            Stories/Floors
            Master Bedroom
            Community type
            Amenities






            4 Communities

            Quick Move-In Hot Deals

            Central Park by Regency Homebuilders in Memphis Mississippi
            homes in Central Park by Regency Homebuilders
            homes in Central Park by Regency Homebuilders

            Coming Soon

            Central Park

            Community by Regency Homebuilders

            7736 Callie Drive
            Southaven, MS 38671

            Regency Homebuilders

            from $259,900 - $309,900

            11 homes match your search

            Chickasaw Gardens by Regency Homebuilders in Memphis Tennessee
            homes in Chickasaw Gardens by Regency Homebuilders
            homes in Chickasaw Gardens by Regency Homebuilders

            Grand Opening

            Chickasaw Gardens

            Community by Regency Homebuilders

            10 Chickasaw Trace Drive
            Oakland, TN 38060

            Regency Homebuilders

            888-671-9852

            from $272,900 - $306,900

            9 homes match your search

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

            Closeout

            Video

            Stonecrest

            Community by Regency Homebuilders

            5050 Stonecrest Drive
            Olive Branch, MS 38654

            Regency Homebuilders

            888-356-8668

            from $314,900 - $349,900

            8 homes match your search

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

            Closeout

            Video

            Hidden Springs

            Community by Regency Homebuilders

            20 Chesnut Ridge Drive
            Oakland, TN 38060

            Regency Homebuilders

            888-644-2610

            from $316,900 - $359,900

            10 homes match your search

            NEXT STEPS TO FINDING YOUR PERFECT NEW HOME

            Save a Home

            Like a home? Save it!

            Click the heart to save a home so you don't forget about it
            Find a Match

            Didn't find a match yet?

            Adjust the filters to better meet your search criteria
            Keep on going

            Keep on going!

            The home you love might be on the next page

            New Home Cities in Memphis

            CityCommunitiesAverage New Home Price
            Lakeland3$501,718
            Oakland2$313,587
            Southaven1$282,525
            Olive Branch1$333,275
            Collierville1$596,233
            Germantown1$763,084
            Cordova1$427,566

            New Homes in Memphis by Region

            RegionCommunitiesAverage New Home Price
            East Memphis 18$165,000
            Memphis Downtown 17$172,000
            North Memphis 1$320,000

            Popular Searches Near Memphis, TN

            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 4 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.