Active Listings
211
⇧ 12.8% vs 187 last year
Central Gardens · Cooper-Young · Downtown (Core) · Linden · Medical District · Midtown · Stonewall Place
Data as of June 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38104) currently shows 211 active listings, with 38 pending sales. Homes are averaging 69 days on the market before going under contract.
Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 69 days on market compared to 67 days last year.
The median listing price has fallen 14.5% year-over-year, from $349,988 to $299,225.
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 June 2026, there are 211 active listings in MEMPHIS, TN (zip code 38104), compared to 187 the prior year.
The median listing price in MEMPHIS, TN 38104 is $299,225 as of June 2026, a 14.5% decrease from $349,988 the prior year.
Homes in MEMPHIS, TN 38104 spend an average of 69 days on the market before going under contract, compared to 67 days the prior year.
Based on current inventory and days-on-market data as of June 2026, MEMPHIS, TN 38104 is currently a Buyer's Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 69 days on market compared to 67 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38104 save an estimated $5,985 compared to a typical 5% commission on the median listing price of $299,225. 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.