Active Listings
105
⇧ 5% vs 100 last year
Population: 22,112 · Density: 1,123.8/mi² · Median household income: $29,492
Typical home value: $70,861 · Homeownership: 44.8%
Data as of January 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38114) currently shows 105 active listings, with 14 pending sales. Homes are averaging 67 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 67 days on market compared to 61 days last year.
The median listing price has risen 2.6% year-over-year, from $117,500 to $120,525.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38114 | Memphis, TN 38114 | 0.0 mi | 105 | $15,963,990 | $120,525 | $152,038 |
| 38104 | Memphis, TN 38104 | 2.7 mi | 143 | $49,279,659 | $299,000 | $344,613 |
| 38112 | Memphis, TN 38112 | 3.6 mi | 72 | $19,470,528 | $232,500 | $270,424 |
| 38116 | Memphis, TN 38116 | 4.7 mi | 70 | $12,959,520 | $175,000 | $185,136 |
| 38117 | Memphis, TN 38117 | 4.7 mi | 192 | $70,074,240 | $277,500 | $364,970 |
| 38122 | Memphis, TN 38122 | 5.5 mi | 94 | $17,636,092 | $164,960 | $187,618 |
| 38107 | Memphis, TN 38107 | 5.5 mi | 104 | $17,337,424 | $141,250 | $166,706 |
| 38115 | Memphis, TN 38115 | 7.5 mi | 69 | $9,758,946 | $132,500 | $141,434 |
| 38119 | Memphis, TN 38119 | 8.0 mi | 102 | $36,555,780 | $314,900 | $358,390 |
| 38671 | Southaven, MS 38671 | 9.2 mi | 105 | $28,806,855 | $264,900 | $274,351 |
| 38109 | Memphis, TN 38109 | 9.5 mi | 164 | $19,484,348 | $110,000 | $118,807 |
| 38127 | Memphis, TN 38127 | 9.9 mi | 302 | $33,773,264 | $109,900 | $111,832 |
| 38637 | Horn Lake, MS 38637 | 10.7 mi | 54 | $14,522,652 | $225,000 | $268,938 |
As of January 2026, there are 105 active listings in MEMPHIS, TN (zip code 38114), compared to 100 the prior year.
The median listing price in MEMPHIS, TN 38114 is $120,525 as of January 2026, a 2.6% increase from $117,500 the prior year.
Homes in MEMPHIS, TN 38114 spend an average of 67 days on the market before going under contract, compared to 61 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MEMPHIS, TN 38114 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 67 days on market compared to 61 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38114 save an estimated $2,411 compared to a typical 5% commission on the median listing price of $120,525. 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.