Hyde Park · Jackson · North Memphis · Voillintine-Evergreen
Data as of September 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38108) currently shows 129 active listings, with 14 pending sales. Homes are averaging 145 days on the market before going under contract.
Inventory has increased compared to last year, with 57 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 145 days on market compared to 63 days last year.
The median listing price has risen 29.9% year-over-year, from $82,750 to $107,500.
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 September 2026, there are 129 active listings in MEMPHIS, TN (zip code 38108), compared to 72 the prior year.
The median listing price in MEMPHIS, TN 38108 is $107,500 as of September 2026, a 29.9% increase from $82,750 the prior year.
Homes in MEMPHIS, TN 38108 spend an average of 145 days on the market before going under contract, compared to 63 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MEMPHIS, TN 38108 is currently a Buyer's Market. Inventory has increased compared to last year, with 57 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 145 days on market compared to 63 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38108 save an estimated $2,150 compared to a typical 5% commission on the median listing price of $107,500. 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.