Data as of January 2026. Source: Realtor.com.
The Shelby County, Tennessee real estate market currently shows 3,752 active listings, with 781 pending sales. Homes are averaging 79.8 days on the market before going under contract.
Inventory has increased compared to last year, with 467 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 79.8 days on market compared to 73.8 days last year.
The median listing price has fallen 6.6% year-over-year, from $309,617 to $289,246.
Whether you are buying or selling in Shelby County, Tennessee, 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.
Memphis: 37501, 37544, 38103, 38104, 38105, 38106, 38107, 38108, 38109, 38111, 38112, 38113
Millington: 38053, 38054, 38055, 38083
Germantown: 38138, 38139, 38183
Arlington: 38002
Brunswick: 38014
Ellendale: 38029
Downtown: 38101
Orange Mound: 38114
Hickory Hill: 38115
Whitehaven: 38116
Parkway Village: 38118
Berclair: 38122
ZIP coverage: 76 · Population: 931,236 · Median household income: $67,239
Typical home value: $196,980 · Homeownership rate: 56.1%