Active Listings
110
⇧ 34.1% vs 82 last year
Whitehaven
Data as of September 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38116) currently shows 110 active listings, with 42 pending sales. Homes are averaging 56 days on the market before going under contract.
Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 56 days on market compared to 48 days last year.
The median listing price has fallen 8.6% year-over-year, from $174,475 to $159,475.
Population: 40,212 · Density: 790.7/mi² · Median household income: $42,354
Typical home value: $115,427 · Homeownership: 45.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38116 | Memphis, TN 38116 | 0.0 mi | 72 | $13,091,688 | $171,725 | $181,829 |
| 38114 | Memphis, TN 38114 | 4.6 mi | 110 | $16,903,700 | $114,950 | $153,670 |
| 38106 | Memphis, TN 38106 | 5.0 mi | 115 | $11,966,670 | $84,200 | $104,058 |
| 38111 | Memphis, TN 38111 | 6.5 mi | 215 | $52,876,670 | $185,675 | $245,938 |
| 38104 | Memphis, TN 38104 | 6.9 mi | 147 | $51,369,444 | $299,000 | $349,452 |
| 38672 | Southaven, MS 38672 | 7.4 mi | 102 | $40,251,648 | $385,500 | $394,624 |
| 38117 | Memphis, TN 38117 | 8.2 mi | 197 | $74,728,404 | $280,875 | $379,332 |
| 38115 | Memphis, TN 38115 | 8.4 mi | 66 | $9,054,804 | $124,725 | $137,194 |
| 38141 | Memphis, TN 38141 | 8.9 mi | 38 | $7,629,792 | $182,375 | $200,784 |
| 38107 | Memphis, TN 38107 | 9.6 mi | 114 | $18,698,622 | $139,900 | $164,023 |
| 38119 | Memphis, TN 38119 | 9.8 mi | 105 | $36,298,815 | $299,450 | $345,703 |
| 38108 | Memphis, TN 38108 | 10.3 mi | 93 | $10,026,609 | $109,250 | $107,813 |
| 72301 | West Memphis, AR 72301 | 11.8 mi | 104 | $21,340,072 | $180,500 | $205,193 |
As of September 2026, there are 110 active listings in MEMPHIS, TN (zip code 38116), compared to 82 the prior year.
The median listing price in MEMPHIS, TN 38116 is $159,475 as of September 2026, a 8.6% decrease from $174,475 the prior year.
Homes in MEMPHIS, TN 38116 spend an average of 56 days on the market before going under contract, compared to 48 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MEMPHIS, TN 38116 is currently a Buyer's Market. Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 56 days on market compared to 48 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38116 save an estimated $3,190 compared to a typical 5% commission on the median listing price of $159,475. 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.