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City / Town Overview

Memphis, TX

Aggregate real estate market report across all ZIPs in scope
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Memphis, TX real estate market currently shows 13 active listings, with 4 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 56 days on market compared to 130 days last year.

The median listing price has risen 35.6% year-over-year, from $59,000 to $79,975.

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Market Context

Market Context

Population: 2,227  ·  Density: 3.0/mi²  ·  Median household income: $44,095

Typical home value: $70,293  ·  Homeownership: 69%

Included Areas

Memphis: 79245

Area Map

Market Overview

Active Listings
13
⇩ 35% vs 20 last year
Pending
4
31% pending ratio
Median Price
$79,975
⇧ 35.6% vs $59,000 last year
Average Price
$97,233
⇩ 14.1% vs $113,181 last year
Days on Market
56
⇩ 56.9% vs 130 days last year

Price Per Square Foot

Median $/sqft
$61
⇧ 29.8% vs $47/sqft last year
Median Home Size
1,338 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %