Active Listings
66
⇩ 2.9% vs 68 last year
Population: 17,629 · Density: 896.1/mi² · Median household income: $29,757
Typical home value: $58,850 · Homeownership: 41.8%
Data as of January 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38108) currently shows 66 active listings, with 12 pending sales. Homes are averaging 87 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 87 days on market compared to 69 days last year.
The median listing price has risen 3% year-over-year, from $82,500 to $85,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38108 | Memphis, TN 38108 | 0.0 mi | 66 | $6,157,338 | $85,000 | $93,293 |
| 38122 | Memphis, TN 38122 | 2.7 mi | 94 | $17,636,092 | $164,960 | $187,618 |
| 38104 | Memphis, TN 38104 | 3.8 mi | 143 | $49,279,659 | $299,000 | $344,613 |
| 38105 | Memphis, TN 38105 | 4.4 mi | 15 | $4,303,155 | $215,000 | $286,877 |
| 38127 | Memphis, TN 38127 | 5.2 mi | 302 | $33,773,264 | $109,900 | $111,832 |
| 38103 | Memphis, TN 38103 | 5.4 mi | 142 | $55,324,194 | $339,000 | $389,607 |
| 38126 | Memphis, TN 38126 | 5.7 mi | 19 | $3,676,899 | $182,500 | $193,521 |
| 38106 | Memphis, TN 38106 | 6.7 mi | 111 | $11,898,423 | $85,250 | $107,193 |
| 38135 | Memphis, TN 38135 | 7.8 mi | 83 | $28,935,543 | $331,250 | $348,621 |
| 38118 | Memphis, TN 38118 | 9.8 mi | 102 | $14,422,086 | $139,000 | $141,393 |
| 38088 | Cordova, TN 38088 | 9.9 mi | 1 | $139,000 | $139,000 | $139,000 |
| 38116 | Memphis, TN 38116 | 10.3 mi | 70 | $12,959,520 | $175,000 | $185,136 |
| 38138 | Germantown, TN 38138 | 11.2 mi | 116 | $81,826,980 | $509,500 | $705,405 |
As of January 2026, there are 66 active listings in MEMPHIS, TN (zip code 38108), compared to 68 the prior year.
The median listing price in MEMPHIS, TN 38108 is $85,000 as of January 2026, a 3% increase from $82,500 the prior year.
Homes in MEMPHIS, TN 38108 spend an average of 87 days on the market before going under contract, compared to 69 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MEMPHIS, TN 38108 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 87 days on market compared to 69 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38108 save an estimated $1,700 compared to a typical 5% commission on the median listing price of $85,000. 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.