Active Listings
102
⇩ 15% vs 120 last year
Cooper-Young · Depot · Midtown · Orange Mound
Data as of September 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38114) currently shows 102 active listings, with 20 pending sales. Homes are averaging 70 days on the market before going under contract.
Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 70 days on market compared to 88 days last year.
The median listing price has fallen 5.2% year-over-year, from $125,375 to $118,875.
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 September 2026, there are 102 active listings in MEMPHIS, TN (zip code 38114), compared to 120 the prior year.
The median listing price in MEMPHIS, TN 38114 is $118,875 as of September 2026, a 5.2% decrease from $125,375 the prior year.
Homes in MEMPHIS, TN 38114 spend an average of 70 days on the market before going under contract, compared to 88 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MEMPHIS, TN 38114 is currently a Seller's Market. Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 70 days on market compared to 88 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38114 save an estimated $2,378 compared to a typical 5% commission on the median listing price of $118,875. 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.