Active Listings
147
⇧ 25.6% vs 117 last year
Depot · Midtown · New South Memphis · Shadowlawn · South End · South Memphis
Data as of September 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38106) currently shows 147 active listings, with 18 pending sales. Homes are averaging 76 days on the market before going under contract.
Inventory has increased compared to last year, with 30 more homes available — giving buyers more choice.
Homes are selling faster, averaging 76 days on market compared to 80 days last year.
The median listing price has risen 5.5% year-over-year, from $81,500 to $86,000.
Population: 23,140 · Density: 859.2/mi² · Median household income: $29,098
Typical home value: $62,711 · Homeownership: 37.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38106 | Memphis, TN 38106 | 0.0 mi | 115 | $11,966,670 | $84,200 | $104,058 |
| 38104 | Memphis, TN 38104 | 2.9 mi | 147 | $51,369,444 | $299,000 | $349,452 |
| 38105 | Memphis, TN 38105 | 3.5 mi | 16 | $4,734,816 | $216,000 | $295,926 |
| 38112 | Memphis, TN 38112 | 4.7 mi | 78 | $21,691,098 | $242,475 | $278,091 |
| 38116 | Memphis, TN 38116 | 5.0 mi | 72 | $13,091,688 | $171,725 | $181,829 |
| 38108 | Memphis, TN 38108 | 6.7 mi | 93 | $10,026,609 | $109,250 | $107,813 |
| 38118 | Memphis, TN 38118 | 7.5 mi | 105 | $15,429,540 | $139,500 | $146,948 |
| 38122 | Memphis, TN 38122 | 7.6 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 38127 | Memphis, TN 38127 | 9.6 mi | 285 | $32,019,180 | $109,700 | $112,348 |
| 38115 | Memphis, TN 38115 | 10.3 mi | 66 | $9,054,804 | $124,725 | $137,194 |
| 38120 | Memphis, TN 38120 | 10.6 mi | 94 | $64,776,246 | $478,688 | $689,109 |
| 38119 | Memphis, TN 38119 | 10.9 mi | 105 | $36,298,815 | $299,450 | $345,703 |
| 38680 | Walls, MS 38680 | 11.4 mi | 31 | $9,714,377 | $309,900 | $313,367 |
As of September 2026, there are 147 active listings in MEMPHIS, TN (zip code 38106), compared to 117 the prior year.
The median listing price in MEMPHIS, TN 38106 is $86,000 as of September 2026, a 5.5% increase from $81,500 the prior year.
Homes in MEMPHIS, TN 38106 spend an average of 76 days on the market before going under contract, compared to 80 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MEMPHIS, TN 38106 is currently a Balanced Market. Inventory has increased compared to last year, with 30 more homes available — giving buyers more choice. Homes are selling faster, averaging 76 days on market compared to 80 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38106 save an estimated $1,720 compared to a typical 5% commission on the median listing price of $86,000. 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.