Cost to Build a House in Memphis, Tennessee (2026)
A 2,000 sq ft mid-range home in Memphis costs approximately $268,317–$341,495, or $160/sq ft.
Estimated Build Cost in Tennessee
Range: $276,616 – $352,056
Configure Your Build
Upgraded finishes, quality materials
Mid-Range Finish Includes
- • Quartz countertops
- • Hardwood floors
- • Semi-custom cabinets
- • Upgraded fixtures
Line-Item Estimate
* Excludes land cost, which varies widely by location. Add $20,000–$200,000+ depending on your area.
Building in Memphis: What to Know
- →More affordable than Nashville
- →New Madrid seismic zone
Cost by Size in Memphis
About Construction Costs in Memphis
Building a new home in Memphis, Tennessee in 2026 costs approximately $160 per square foot for mid-range construction — putting a 2,000 sq ft home at roughly $304,906 for the structure alone (excluding land). Memphis is 3% below the Tennessee state average, making it one of the more affordable markets in the state.
Tennessee as a whole has a cost multiplier of 0.88× the national average. Combined with Memphis's local adjustment of 0.97×, the effective multiplier for this city is 0.85× the national baseline.
These estimates cover construction costs only and do not include land, which varies significantly in Memphis. Always obtain bids from at least 2–3 licensed general contractors in the area for an accurate project budget.