Midtown · New Chicago · North Memphis · Uptown · Voillintine-Evergreen
Data as of September 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38107) currently shows 118 active listings, with 16 pending sales. Homes are averaging 72 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 72 days on market compared to 90 days last year.
The median listing price has fallen 0.7% year-over-year, from $176,225 to $174,994.
Population: 14,509 · Density: 1,028.1/mi² · Median household income: $34,325
Typical home value: $125,349 · Homeownership: 37.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38107 | Memphis, TN 38107 | 0.0 mi | 114 | $18,698,622 | $139,900 | $164,023 |
| 38103 | Memphis, TN 38103 | 2.1 mi | 142 | $56,742,916 | $349,950 | $399,598 |
| 38112 | Memphis, TN 38112 | 3.1 mi | 78 | $21,691,098 | $242,475 | $278,091 |
| 38108 | Memphis, TN 38108 | 3.4 mi | 93 | $10,026,609 | $109,250 | $107,813 |
| 38106 | Memphis, TN 38106 | 4.9 mi | 115 | $11,966,670 | $84,200 | $104,058 |
| 38122 | Memphis, TN 38122 | 5.8 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 38128 | Memphis, TN 38128 | 6.7 mi | 134 | $24,438,250 | $166,225 | $182,375 |
| 72301 | West Memphis, AR 72301 | 9.1 mi | 104 | $21,340,072 | $180,500 | $205,193 |
| 72364 | Marion, AR 72364 | 9.6 mi | 67 | $20,259,527 | $299,900 | $302,381 |
| 38120 | Memphis, TN 38120 | 10.2 mi | 94 | $64,776,246 | $478,688 | $689,109 |
| 38135 | Memphis, TN 38135 | 10.9 mi | 82 | $28,023,090 | $326,850 | $341,745 |
| 38119 | Memphis, TN 38119 | 11.9 mi | 105 | $36,298,815 | $299,450 | $345,703 |
| 38053 | Millington, TN 38053 | 12.2 mi | 98 | $32,136,748 | $318,990 | $327,926 |
As of September 2026, there are 118 active listings in MEMPHIS, TN (zip code 38107), compared to 117 the prior year.
The median listing price in MEMPHIS, TN 38107 is $174,994 as of September 2026, a 0.7% decrease from $176,225 the prior year.
Homes in MEMPHIS, TN 38107 spend an average of 72 days on the market before going under contract, compared to 90 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MEMPHIS, TN 38107 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 72 days on market compared to 90 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38107 save an estimated $3,500 compared to a typical 5% commission on the median listing price of $174,994. 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.