Active Listings
121
⇧ 7.1% vs 113 last year
Cooper-Young · Depot · Midtown · Orange Mound
Data as of April 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38114) currently shows 121 active listings, with 18 pending sales. Homes are averaging 77 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are selling faster, averaging 77 days on market compared to 85 days last year.
The median listing price has fallen 6.9% year-over-year, from $129,900 to $120,900.
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: 22,112 · Density: 1,123.8/mi² · Median household income: $29,492
Typical home value: $70,861 · Homeownership: 44.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38114 | Memphis, TN 38114 | 0.0 mi | 110 | $16,903,700 | $114,950 | $153,670 |
| 38104 | Memphis, TN 38104 | 2.7 mi | 147 | $51,369,444 | $299,000 | $349,452 |
| 38112 | Memphis, TN 38112 | 3.6 mi | 78 | $21,691,098 | $242,475 | $278,091 |
| 38116 | Memphis, TN 38116 | 4.7 mi | 72 | $13,091,688 | $171,725 | $181,829 |
| 38117 | Memphis, TN 38117 | 4.7 mi | 197 | $74,728,404 | $280,875 | $379,332 |
| 38122 | Memphis, TN 38122 | 5.5 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 38107 | Memphis, TN 38107 | 5.5 mi | 114 | $18,698,622 | $139,900 | $164,023 |
| 38115 | Memphis, TN 38115 | 7.5 mi | 66 | $9,054,804 | $124,725 | $137,194 |
| 38119 | Memphis, TN 38119 | 8.0 mi | 105 | $36,298,815 | $299,450 | $345,703 |
| 38671 | Southaven, MS 38671 | 9.2 mi | 99 | $26,732,871 | $264,900 | $270,029 |
| 38109 | Memphis, TN 38109 | 9.5 mi | 170 | $19,846,140 | $109,725 | $116,742 |
| 38127 | Memphis, TN 38127 | 9.9 mi | 285 | $32,019,180 | $109,700 | $112,348 |
| 38637 | Horn Lake, MS 38637 | 10.7 mi | 54 | $14,868,684 | $227,000 | $275,346 |
As of April 2026, there are 121 active listings in MEMPHIS, TN (zip code 38114), compared to 113 the prior year.
The median listing price in MEMPHIS, TN 38114 is $120,900 as of April 2026, a 6.9% decrease from $129,900 the prior year.
Homes in MEMPHIS, TN 38114 spend an average of 77 days on the market before going under contract, compared to 85 days the prior year.
Based on current inventory and days-on-market data as of April 2026, MEMPHIS, TN 38114 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 77 days on market compared to 85 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38114 save an estimated $2,418 compared to a typical 5% commission on the median listing price of $120,900. 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.