Active Listings
120
⇧ 100% vs 60 last year
Hyde Park · Jackson · North Memphis · Voillintine-Evergreen
Data as of April 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38108) currently shows 120 active listings, with 7 pending sales. Homes are averaging 84 days on the market before going under contract.
Inventory has increased compared to last year, with 60 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 84 days on market compared to 71 days last year.
The median listing price has risen 26.1% year-over-year, from $82,725 to $104,325.
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 April 2026, there are 120 active listings in MEMPHIS, TN (zip code 38108), compared to 60 the prior year.
The median listing price in MEMPHIS, TN 38108 is $104,325 as of April 2026, a 26.1% increase from $82,725 the prior year.
Homes in MEMPHIS, TN 38108 spend an average of 84 days on the market before going under contract, compared to 71 days the prior year.
Based on current inventory and days-on-market data as of April 2026, MEMPHIS, TN 38108 is currently a Buyer's Market. Inventory has increased compared to last year, with 60 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 84 days on market compared to 71 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38108 save an estimated $2,087 compared to a typical 5% commission on the median listing price of $104,325. 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.