Hyde Park · Jackson · North Memphis · Voillintine-Evergreen
Data as of July 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38108) currently shows 140 active listings, with 14 pending sales. Homes are averaging 111 days on the market before going under contract.
Inventory has increased compared to last year, with 49 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 111 days on market compared to 45 days last year.
The median listing price has risen 13.9% year-over-year, from $92,150 to $105,000.
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: 17,629 · Density: 896.1/mi² · Median household income: $29,757
Typical home value: $58,850 · Homeownership: 41.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38108 | Memphis, TN 38108 | 0.0 mi | 93 | $10,026,609 | $109,250 | $107,813 |
| 38122 | Memphis, TN 38122 | 2.7 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 38104 | Memphis, TN 38104 | 3.8 mi | 147 | $51,369,444 | $299,000 | $349,452 |
| 38105 | Memphis, TN 38105 | 4.4 mi | 16 | $4,734,816 | $216,000 | $295,926 |
| 38127 | Memphis, TN 38127 | 5.2 mi | 285 | $32,019,180 | $109,700 | $112,348 |
| 38103 | Memphis, TN 38103 | 5.4 mi | 142 | $56,742,916 | $349,950 | $399,598 |
| 38126 | Memphis, TN 38126 | 5.7 mi | 15 | $2,864,100 | $185,000 | $190,940 |
| 38106 | Memphis, TN 38106 | 6.7 mi | 115 | $11,966,670 | $84,200 | $104,058 |
| 38135 | Memphis, TN 38135 | 7.8 mi | 82 | $28,023,090 | $326,850 | $341,745 |
| 38118 | Memphis, TN 38118 | 9.8 mi | 105 | $15,429,540 | $139,500 | $146,948 |
| 38115 | Memphis, TN 38115 | 10.1 mi | 66 | $9,054,804 | $124,725 | $137,194 |
| 38053 | Millington, TN 38053 | 11.1 mi | 98 | $32,136,748 | $318,990 | $327,926 |
| 38018 | Cordova, TN 38018 | 11.5 mi | 153 | $65,400,003 | $359,000 | $427,451 |
As of July 2026, there are 140 active listings in MEMPHIS, TN (zip code 38108), compared to 91 the prior year.
The median listing price in MEMPHIS, TN 38108 is $105,000 as of July 2026, a 13.9% increase from $92,150 the prior year.
Homes in MEMPHIS, TN 38108 spend an average of 111 days on the market before going under contract, compared to 45 days the prior year.
Based on current inventory and days-on-market data as of July 2026, MEMPHIS, TN 38108 is currently a Buyer's Market. Inventory has increased compared to last year, with 49 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 111 days on market compared to 45 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38108 save an estimated $2,100 compared to a typical 5% commission on the median listing price of $105,000. 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.