Metro area in Tennessee, Mississippi, Arkansas · part of the Memphis-Clarksdale-Forrest City, TN-MS-AR combined area
Memphis, TN-MS-AR
The Memphis metro area authorized 3,298 new housing units in 2025. Its 2025 total was only 31% of the 2005 high of 10,794 units, the second-furthest below a series peak among the 56 metro areas with 1 million or more residents. Recent building has not returned to boom levels: the 2021–2025 yearly average was 59% below the 2004–2006 average, the weakest recovery by this measure among the 10 metro areas based in Tennessee.
Single-family2–4 units5+ units
Boom, bust and since
Its peak year is shared by 105 other metro areas, among them Fresno, Hartford, Tucson. Annual permits fell from 10,794 during the mid-2000s boom to 2,034 in 2009, a drop of 81%. The nearest bust profile in the East South Central states was Montgomery's (80%). From 2024 to 2025 the count fell 22%.
Where in the metro
Shelby County accounted for 44% of the metro area's units in 2021–2025, DeSoto County for 29%. The part in Arkansas, Mississippi supplied 43%.
Houses or apartments
In Memphis, 79% of the units authorized in 2021–2025 were single-family houses and 20% were in buildings of five or more units, against 34% nationally. The closest match in building mix among the 386 other metro areas is Tulsa (20% in five-plus buildings).
Busiest permit offices
Across the metro area, 34 permit offices authorized new housing in 2021–2025. The busiest was Shelby County (unincorporated), with 7,549 units or 36% of the total, followed by DeSoto County (unincorporated) with 2,540. Among the three largest, Shelby County (unincorporated) put 50% of its units in five-plus buildings, DeSoto County (unincorporated) 0%.
Share of the units authorized in the metro area, 2021–2025.
Relative to population
With 1,341,412 residents in July 2025, Memphis authorized 3.1 units per 1,000 residents a year in 2021–2025, under the national 4.7. The metro areas with the nearest rates are Sandusky (3.2) and Kenosha (3.1).
Similar in size
| Metro area | 2004–2025 | 2025 units | Per 1,000 a year | 5+ share |
|---|---|---|---|---|
| Louisville/Jefferson County, KY-IN | 6,103 | 4.5 | 37% | |
| Richmond, VA | 9,091 | 7.0 | 46% | |
| Memphis, TN-MS-AR | 3,298 | 3.1 | 20% | |
| Salt Lake City-Murray, UT | 7,702 | 6.9 | 54% | |
| Fresno, CA | 3,518 | 3.6 | 12% |
Rates and shares: 2021–2025.
Every yearly figure behind the chart, split by building size: yearly-units.csv. State view: Tennessee. Counting rules.