Active Listings
3,227
⇧ 20.5% vs 2,679 last year
Data as of April 2026. Source: Realtor.com.
The Memphis, TN real estate market currently shows 3,227 active listings, with 696 pending sales. Homes are averaging 60.5 days on the market before going under contract.
Inventory has increased compared to last year, with 548 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 60.5 days on market compared to 57.5 days last year.
The median listing price has fallen 14% year-over-year, from $245,004 to $210,589.
Whether you are buying or selling in Memphis, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 680,293 · Density: 977.8/mi² · Median household income: $53,836
Typical home value: $153,397 · Homeownership: 49.5%
Memphis: 37501, 37544, 38103, 38105, 38106, 38107, 38108, 38109, 38111, 38113, 38117, 38119
Orange Mound: 38114
Whitehaven: 38116
Parkway Village: 38118
Berclair: 38122
Callaway Hills: 38125
Egypt: 38128