Active Listings
246
⇧ 38.2% vs 178 last year
McKeller · South Memphis · Whitehaven
Data as of September 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38109) currently shows 246 active listings, with 61 pending sales. Homes are averaging 77 days on the market before going under contract.
Inventory has increased compared to last year, with 68 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 77 days on market compared to 51 days last year.
The median listing price has fallen 13.4% year-over-year, from $115,500 to $100,000.
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 September 2026, there are 246 active listings in MEMPHIS, TN (zip code 38109), compared to 178 the prior year.
The median listing price in MEMPHIS, TN 38109 is $100,000 as of September 2026, a 13.4% decrease from $115,500 the prior year.
Homes in MEMPHIS, TN 38109 spend an average of 77 days on the market before going under contract, compared to 51 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MEMPHIS, TN 38109 is currently a Buyer's Market. Inventory has increased compared to last year, with 68 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 77 days on market compared to 51 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38109 save an estimated $2,000 compared to a typical 5% commission on the median listing price of $100,000. 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.