Active Listings
114
⇩ 14.3% vs 133 last year
Cooper-Young · Depot · Midtown · Orange Mound
Data as of June 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38114) currently shows 114 active listings, with 18 pending sales. Homes are averaging 66 days on the market before going under contract.
Inventory has tightened compared to last year, with 19 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 66 days on market compared to 79 days last year.
The median listing price has risen 17.6% year-over-year, from $115,000 to $135,225.
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 June 2026, there are 114 active listings in MEMPHIS, TN (zip code 38114), compared to 133 the prior year.
The median listing price in MEMPHIS, TN 38114 is $135,225 as of June 2026, a 17.6% increase from $115,000 the prior year.
Homes in MEMPHIS, TN 38114 spend an average of 66 days on the market before going under contract, compared to 79 days the prior year.
Based on current inventory and days-on-market data as of June 2026, MEMPHIS, TN 38114 is currently a Seller's Market. Inventory has tightened compared to last year, with 19 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 66 days on market compared to 79 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38114 save an estimated $2,705 compared to a typical 5% commission on the median listing price of $135,225. 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.