Data as of March 2026. Source: Realtor.com.
The Shelby County, TN real estate market currently shows 4,321 active listings, with 1,079 pending sales. Homes are averaging 60 days on the market before going under contract.
Inventory has increased compared to last year, with 687 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 60 days on market compared to 56 days last year.
The median listing price has fallen 15.4% year-over-year, from $285,000 to $241,200.
Whether you are buying or selling in Shelby County, 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: 931,236 · Density: 856.0/mi² · Median household income: $67,239
Typical home value: $196,980 · Homeownership: 56.1%
Memphis: 37501, 37544, 38101, 38103, 38104, 38105, 38106, 38107, 38108, 38109, 38111, 38113
Millington: 38053, 38054, 38055, 38083
Germantown: 38138, 38139, 38183
Arlington: 38002
Brunswick: 38014
Ellendale: 38029
Midtown: 38112
Orange Mound: 38114
Hickory Hill: 38115
Whitehaven: 38116
Parkway Village: 38118
Berclair: 38122
Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.