Active Listings
111
⇧ 27.6% vs 87 last year
Population: 23,140 · Density: 859.2/mi² · Median household income: $29,098
Typical home value: $62,711 · Homeownership: 37.9%
Data as of January 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38106) currently shows 111 active listings, with 21 pending sales. Homes are averaging 72 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 selling faster, averaging 72 days on market compared to 86 days last year.
The median listing price has risen 8.3% year-over-year, from $78,750 to $85,250.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38106 | Memphis, TN 38106 | 0.0 mi | 111 | $11,898,423 | $85,250 | $107,193 |
| 38104 | Memphis, TN 38104 | 2.9 mi | 143 | $49,279,659 | $299,000 | $344,613 |
| 38105 | Memphis, TN 38105 | 3.5 mi | 15 | $4,303,155 | $215,000 | $286,877 |
| 38112 | Memphis, TN 38112 | 4.7 mi | 72 | $19,470,528 | $232,500 | $270,424 |
| 38116 | Memphis, TN 38116 | 5.0 mi | 70 | $12,959,520 | $175,000 | $185,136 |
| 38108 | Memphis, TN 38108 | 6.7 mi | 66 | $6,157,338 | $85,000 | $93,293 |
| 38118 | Memphis, TN 38118 | 7.5 mi | 102 | $14,422,086 | $139,000 | $141,393 |
| 38122 | Memphis, TN 38122 | 7.6 mi | 94 | $17,636,092 | $164,960 | $187,618 |
| 38127 | Memphis, TN 38127 | 9.6 mi | 302 | $33,773,264 | $109,900 | $111,832 |
| 38115 | Memphis, TN 38115 | 10.3 mi | 69 | $9,758,946 | $132,500 | $141,434 |
| 38120 | Memphis, TN 38120 | 10.6 mi | 96 | $68,256,192 | $487,000 | $711,002 |
| 38119 | Memphis, TN 38119 | 10.9 mi | 102 | $36,555,780 | $314,900 | $358,390 |
| 38680 | Walls, MS 38680 | 11.4 mi | 27 | $8,271,828 | $311,950 | $306,364 |
As of January 2026, there are 111 active listings in MEMPHIS, TN (zip code 38106), compared to 87 the prior year.
The median listing price in MEMPHIS, TN 38106 is $85,250 as of January 2026, a 8.3% increase from $78,750 the prior year.
Homes in MEMPHIS, TN 38106 spend an average of 72 days on the market before going under contract, compared to 86 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MEMPHIS, TN 38106 is currently a Balanced Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are selling faster, averaging 72 days on market compared to 86 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38106 save an estimated $1,705 compared to a typical 5% commission on the median listing price of $85,250. 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.