Active Listings
104
⇧ 7.2% vs 97 last year
Population: 14,509 · Density: 1,028.1/mi² · Median household income: $34,325
Typical home value: $125,349 · Homeownership: 37.7%
Data as of January 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38107) currently shows 104 active listings, with 16 pending sales. Homes are averaging 81 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
Homes are selling faster, averaging 81 days on market compared to 97 days last year.
The median listing price has fallen 25.9% year-over-year, from $190,500 to $141,250.
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 $ |
|---|---|---|---|---|---|---|
| 38107 | Memphis, TN 38107 | 0.0 mi | 104 | $17,337,424 | $141,250 | $166,706 |
| 38103 | Memphis, TN 38103 | 2.1 mi | 142 | $55,324,194 | $339,000 | $389,607 |
| 38112 | Memphis, TN 38112 | 3.1 mi | 72 | $19,470,528 | $232,500 | $270,424 |
| 38108 | Memphis, TN 38108 | 3.4 mi | 66 | $6,157,338 | $85,000 | $93,293 |
| 38106 | Memphis, TN 38106 | 4.9 mi | 111 | $11,898,423 | $85,250 | $107,193 |
| 38122 | Memphis, TN 38122 | 5.8 mi | 94 | $17,636,092 | $164,960 | $187,618 |
| 38128 | Memphis, TN 38128 | 6.7 mi | 142 | $26,221,578 | $169,498 | $184,659 |
| 72301 | West Memphis, AR 72301 | 9.1 mi | 107 | $21,343,290 | $167,200 | $199,470 |
| 72364 | Marion, AR 72364 | 9.6 mi | 64 | $20,453,568 | $299,950 | $319,587 |
| 38120 | Memphis, TN 38120 | 10.2 mi | 96 | $68,256,192 | $487,000 | $711,002 |
| 38135 | Memphis, TN 38135 | 10.9 mi | 83 | $28,935,543 | $331,250 | $348,621 |
| 38119 | Memphis, TN 38119 | 11.9 mi | 102 | $36,555,780 | $314,900 | $358,390 |
| 38053 | Millington, TN 38053 | 12.2 mi | 92 | $30,959,380 | $315,945 | $336,515 |
As of January 2026, there are 104 active listings in MEMPHIS, TN (zip code 38107), compared to 97 the prior year.
The median listing price in MEMPHIS, TN 38107 is $141,250 as of January 2026, a 25.9% decrease from $190,500 the prior year.
Homes in MEMPHIS, TN 38107 spend an average of 81 days on the market before going under contract, compared to 97 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MEMPHIS, TN 38107 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 81 days on market compared to 97 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38107 save an estimated $2,825 compared to a typical 5% commission on the median listing price of $141,250. 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.