Active Listings
201
⇧ 12.9% vs 178 last year
Central Gardens · Cooper-Young · Downtown (Core) · Linden · Medical District · Midtown · Stonewall Place
Data as of July 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38104) currently shows 201 active listings, with 32 pending sales. Homes are averaging 81 days on the market before going under contract.
Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 81 days on market compared to 73 days last year.
The median listing price has fallen 16.5% year-over-year, from $349,000 to $291,325.
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: 23,408 · Density: 1,825.1/mi² · Median household income: $53,351
Typical home value: $287,967 · Homeownership: 37.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38104 | Memphis, TN 38104 | 0.0 mi | 147 | $51,369,444 | $299,000 | $349,452 |
| 38105 | Memphis, TN 38105 | 2.2 mi | 16 | $4,734,816 | $216,000 | $295,926 |
| 38114 | Memphis, TN 38114 | 2.7 mi | 110 | $16,903,700 | $114,950 | $153,670 |
| 38106 | Memphis, TN 38106 | 2.9 mi | 115 | $11,966,670 | $84,200 | $104,058 |
| 38111 | Memphis, TN 38111 | 3.7 mi | 215 | $52,876,670 | $185,675 | $245,938 |
| 38122 | Memphis, TN 38122 | 4.9 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 38116 | Memphis, TN 38116 | 6.9 mi | 72 | $13,091,688 | $171,725 | $181,829 |
| 38128 | Memphis, TN 38128 | 7.8 mi | 134 | $24,438,250 | $166,225 | $182,375 |
| 38120 | Memphis, TN 38120 | 8.6 mi | 94 | $64,776,246 | $478,688 | $689,109 |
| 38115 | Memphis, TN 38115 | 9.6 mi | 66 | $9,054,804 | $124,725 | $137,194 |
| 72301 | West Memphis, AR 72301 | 9.9 mi | 104 | $21,340,072 | $180,500 | $205,193 |
| 38135 | Memphis, TN 38135 | 11.4 mi | 82 | $28,023,090 | $326,850 | $341,745 |
| 38671 | Southaven, MS 38671 | 11.7 mi | 99 | $26,732,871 | $264,900 | $270,029 |
As of July 2026, there are 201 active listings in MEMPHIS, TN (zip code 38104), compared to 178 the prior year.
The median listing price in MEMPHIS, TN 38104 is $291,325 as of July 2026, a 16.5% decrease from $349,000 the prior year.
Homes in MEMPHIS, TN 38104 spend an average of 81 days on the market before going under contract, compared to 73 days the prior year.
Based on current inventory and days-on-market data as of July 2026, MEMPHIS, TN 38104 is currently a Buyer's Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 81 days on market compared to 73 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38104 save an estimated $5,827 compared to a typical 5% commission on the median listing price of $291,325. 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.