Active Listings
99
⇩ 4.8% vs 104 last year
East Memphis · Jackson · Midtown · Morningside Park · University District · Voillintine-Evergreen
Data as of July 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38112) currently shows 99 active listings, with 21 pending sales. Homes are averaging 98 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 98 days on market compared to 69 days last year.
The median listing price has fallen 12.9% year-over-year, from $268,200 to $233,676.
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: 16,334 · Density: 1,312.3/mi² · Median household income: $49,560
Typical home value: $184,860 · Homeownership: 51.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38112 | Memphis, TN 38112 | 0.0 mi | 78 | $21,691,098 | $242,475 | $278,091 |
| 38108 | Memphis, TN 38108 | 2.1 mi | 93 | $10,026,609 | $109,250 | $107,813 |
| 38122 | Memphis, TN 38122 | 3.1 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 38105 | Memphis, TN 38105 | 3.3 mi | 16 | $4,734,816 | $216,000 | $295,926 |
| 38126 | Memphis, TN 38126 | 4.1 mi | 15 | $2,864,100 | $185,000 | $190,940 |
| 38117 | Memphis, TN 38117 | 4.6 mi | 197 | $74,728,404 | $280,875 | $379,332 |
| 38128 | Memphis, TN 38128 | 6.1 mi | 134 | $24,438,250 | $166,225 | $182,375 |
| 38134 | Memphis, TN 38134 | 6.9 mi | 95 | $23,323,355 | $246,875 | $245,509 |
| 38118 | Memphis, TN 38118 | 8.1 mi | 105 | $15,429,540 | $139,500 | $146,948 |
| 38119 | Memphis, TN 38119 | 8.8 mi | 105 | $36,298,815 | $299,450 | $345,703 |
| 38135 | Memphis, TN 38135 | 9.5 mi | 82 | $28,023,090 | $326,850 | $341,745 |
| 38133 | Memphis, TN 38133 | 11.2 mi | 66 | $21,566,358 | $318,700 | $326,763 |
| 72301 | West Memphis, AR 72301 | 11.5 mi | 104 | $21,340,072 | $180,500 | $205,193 |
As of July 2026, there are 99 active listings in MEMPHIS, TN (zip code 38112), compared to 104 the prior year.
The median listing price in MEMPHIS, TN 38112 is $233,676 as of July 2026, a 12.9% decrease from $268,200 the prior year.
Homes in MEMPHIS, TN 38112 spend an average of 98 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 July 2026, MEMPHIS, TN 38112 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 98 days on market compared to 69 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38112 save an estimated $4,674 compared to a typical 5% commission on the median listing price of $233,676. 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.