Data as of September 2026. Source: Realtor.com.
The Memphis, TN real estate market currently shows 3,394 active listings, with 712 pending sales. Homes are averaging 75.7 days on the market before going under contract.
Inventory has increased compared to last year, with 335 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 75.7 days on market compared to 65.9 days last year.
The median listing price has fallen 11.5% year-over-year, from $229,747 to $203,384.
Population: 680,293 · Density: 977.8/mi² · Median household income: $53,836
Typical home value: $153,397 · Homeownership: 49.5%
Memphis: 37501, 37544, 38101, 38103, 38105, 38106, 38107, 38108, 38109, 38111, 38113, 38117
Orange Mound: 38114
Whitehaven: 38116
Parkway Village: 38118
Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.