Active Listings
3,437
⇧ 18.4% vs 2,904 last year
Data as of June 2026. Source: Realtor.com.
The Memphis, TN real estate market currently shows 3,437 active listings, with 728 pending sales. Homes are averaging 68.5 days on the market before going under contract.
Inventory has increased compared to last year, with 533 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 68.5 days on market compared to 59.1 days last year.
The median listing price has fallen 14.9% year-over-year, from $248,736 to $211,672.
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, 38105, 38106, 38107, 38108, 38109, 38111, 38113, 38117
Orange Mound: 38114
Whitehaven: 38116
Parkway Village: 38118