Active Listings
187
⇧ 1.6% vs 184 last year
Downtown (Core) · Linden · Medical District · Mid-Second · Mud Island · North Memphis · Pinch District · South Bluff · South End · South Forum · South Main Arts District · Uptown · Victorian Village
Data as of April 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38103) currently shows 187 active listings, with 34 pending sales. Homes are averaging 62 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 62 days on market compared to 59 days last year.
The median listing price has risen 2.8% year-over-year, from $348,225 to $358,000.
Whether you are buying or selling in MEMPHIS, 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: 13,981 · Density: 2,034.6/mi² · Median household income: $89,851
Typical home value: $376,348 · Homeownership: 34.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38103 | Memphis, TN 38103 | 0.0 mi | 142 | $56,742,916 | $349,950 | $399,598 |
| 38126 | Memphis, TN 38126 | 1.9 mi | 15 | $2,864,100 | $185,000 | $190,940 |
| 38104 | Memphis, TN 38104 | 3.2 mi | 147 | $51,369,444 | $299,000 | $349,452 |
| 38112 | Memphis, TN 38112 | 4.5 mi | 78 | $21,691,098 | $242,475 | $278,091 |
| 38114 | Memphis, TN 38114 | 5.5 mi | 110 | $16,903,700 | $114,950 | $153,670 |
| 38111 | Memphis, TN 38111 | 6.9 mi | 215 | $52,876,670 | $185,675 | $245,938 |
| 38122 | Memphis, TN 38122 | 7.5 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 38116 | Memphis, TN 38116 | 8.7 mi | 72 | $13,091,688 | $171,725 | $181,829 |
| 38128 | Memphis, TN 38128 | 8.9 mi | 134 | $24,438,250 | $166,225 | $182,375 |
| 38118 | Memphis, TN 38118 | 10.7 mi | 105 | $15,429,540 | $139,500 | $146,948 |
| 38120 | Memphis, TN 38120 | 11.6 mi | 94 | $64,776,246 | $478,688 | $689,109 |
| 38119 | Memphis, TN 38119 | 12.9 mi | 105 | $36,298,815 | $299,450 | $345,703 |
| 38671 | Southaven, MS 38671 | 13.5 mi | 99 | $26,732,871 | $264,900 | $270,029 |
As of April 2026, there are 187 active listings in MEMPHIS, TN (zip code 38103), compared to 184 the prior year.
The median listing price in MEMPHIS, TN 38103 is $358,000 as of April 2026, a 2.8% increase from $348,225 the prior year.
Homes in MEMPHIS, TN 38103 spend an average of 62 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of April 2026, MEMPHIS, TN 38103 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 62 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38103 save an estimated $7,160 compared to a typical 5% commission on the median listing price of $358,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.