Data as of April 2026. Source: Realtor.com.
The Shelby County, TN real estate market currently shows 4,622 active listings, with 1,161 pending sales. Homes are averaging 55 days on the market before going under contract.
Inventory has increased compared to last year, with 676 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 55 days on market compared to 53 days last year.
The median listing price has fallen 17.5% year-over-year, from $299,000 to $246,725.
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, 38103, 38105, 38106, 38107, 38108, 38109, 38111, 38113, 38117, 38119
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
Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.