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County Overview

Shelby County, Tennessee

Aggregate real estate market report across county ZIPs
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3,752
⇧ 14.2%
Pending
781
21% pending ratio
Median Price
$289,246
⇩ 6.6%
Average Price
$333,491
⇩ 9.4%
Days on Market
79.8
⇧ 8.1%

Market Analysis

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.

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Included Areas

Memphis: 37501, 37544, 38103, 38104, 38105, 38106, 38107, 38108, 38109, 38111, 38112, 38113

Millington: 38053, 38054, 38055, 38083

Cordova: 38016, 38018, 38088

Germantown: 38138, 38139, 38183

Collierville: 38017, 38027

Arlington: 38002

Brunswick: 38014

Ellendale: 38029

Downtown: 38101

Orange Mound: 38114

Hickory Hill: 38115

Whitehaven: 38116

Parkway Village: 38118

Berclair: 38122

Market Context

ZIP coverage: 76  ·  Population: 931,236  ·  Median household income: $67,239

Typical home value: $196,980  ·  Homeownership rate: 56.1%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings