Active Listings
3,054
⇧ 21.7% vs 2,509 last year
Data as of March 2026. Source: Realtor.com.
The Memphis, TN real estate market currently shows 3,054 active listings, with 654 pending sales. Homes are averaging 64 days on the market before going under contract.
Inventory has increased compared to last year, with 545 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 64 days on market compared to 58.2 days last year.
The median listing price has fallen 12.5% year-over-year, from $235,625 to $206,187.
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, 38101, 38103, 38104, 38105, 38106, 38107, 38108, 38109, 38111, 38113
Orange Mound: 38114
Whitehaven: 38116
Parkway Village: 38118
Berclair: 38122
Callaway Hills: 38125
Egypt: 38128
Downtown: 38145