Active Listings
196
⇧ 33.3% vs 147 last year
McKeller · South Memphis · Whitehaven
Data as of April 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38109) currently shows 196 active listings, with 37 pending sales. Homes are averaging 57 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 57 days on market compared to 53 days last year.
The median listing price has fallen 11.8% year-over-year, from $119,000 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: 45,204 · Density: 292.3/mi² · Median household income: $35,018
Typical home value: $75,455 · Homeownership: 55.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38109 | Memphis, TN 38109 | 0.0 mi | 170 | $19,846,140 | $109,725 | $116,742 |
| 38116 | Memphis, TN 38116 | 7.1 mi | 72 | $13,091,688 | $171,725 | $181,829 |
| 72301 | West Memphis, AR 72301 | 7.3 mi | 104 | $21,340,072 | $180,500 | $205,193 |
| 38126 | Memphis, TN 38126 | 8.2 mi | 15 | $2,864,100 | $185,000 | $190,940 |
| 38641 | Lake Cormorant, MS 38641 | 9.3 mi | 8 | $4,005,664 | $356,250 | $500,708 |
| 38114 | Memphis, TN 38114 | 9.5 mi | 110 | $16,903,700 | $114,950 | $153,670 |
| 38104 | Memphis, TN 38104 | 10.1 mi | 147 | $51,369,444 | $299,000 | $349,452 |
| 38107 | Memphis, TN 38107 | 11.3 mi | 114 | $18,698,622 | $139,900 | $164,023 |
| 38112 | Memphis, TN 38112 | 11.9 mi | 78 | $21,691,098 | $242,475 | $278,091 |
| 38651 | Nesbit, MS 38651 | 12.4 mi | 87 | $37,626,456 | $401,400 | $432,488 |
| 72364 | Marion, AR 72364 | 12.7 mi | 67 | $20,259,527 | $299,900 | $302,381 |
| 38117 | Memphis, TN 38117 | 14.1 mi | 197 | $74,728,404 | $280,875 | $379,332 |
| 38115 | Memphis, TN 38115 | 15.4 mi | 66 | $9,054,804 | $124,725 | $137,194 |
As of April 2026, there are 196 active listings in MEMPHIS, TN (zip code 38109), compared to 147 the prior year.
The median listing price in MEMPHIS, TN 38109 is $105,000 as of April 2026, a 11.8% decrease from $119,000 the prior year.
Homes in MEMPHIS, TN 38109 spend an average of 57 days on the market before going under contract, compared to 53 days the prior year.
Based on current inventory and days-on-market data as of April 2026, MEMPHIS, TN 38109 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 57 days on market compared to 53 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38109 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.