Midtown · New Chicago · North Memphis · Uptown · Voillintine-Evergreen
Data as of June 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38107) currently shows 114 active listings, with 21 pending sales. Homes are averaging 76 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are selling faster, averaging 76 days on market compared to 86 days last year.
The median listing price has fallen 20.6% year-over-year, from $198,300 to $157,450.
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: 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 June 2026, there are 114 active listings in MEMPHIS, TN (zip code 38107), compared to 110 the prior year.
The median listing price in MEMPHIS, TN 38107 is $157,450 as of June 2026, a 20.6% decrease from $198,300 the prior year.
Homes in MEMPHIS, TN 38107 spend an average of 76 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 June 2026, MEMPHIS, TN 38107 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 76 days on market compared to 86 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38107 save an estimated $3,149 compared to a typical 5% commission on the median listing price of $157,450. 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.