Active Listings
252
⇧ 11% vs 227 last year
East Memphis · Quince · Walnut Grove
Data as of September 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38117) currently shows 252 active listings, with 51 pending sales. Homes are averaging 64 days on the market before going under contract.
Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 64 days on market compared to 55 days last year.
The median listing price has fallen 16% year-over-year, from $334,500 to $281,025.
Population: 26,430 · Density: 1,086.8/mi² · Median household income: $91,680
Typical home value: $263,838 · Homeownership: 78.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38117 | Memphis, TN 38117 | 0.0 mi | 197 | $74,728,404 | $280,875 | $379,332 |
| 38120 | Memphis, TN 38120 | 3.1 mi | 94 | $64,776,246 | $478,688 | $689,109 |
| 38119 | Memphis, TN 38119 | 4.2 mi | 105 | $36,298,815 | $299,450 | $345,703 |
| 38114 | Memphis, TN 38114 | 4.7 mi | 110 | $16,903,700 | $114,950 | $153,670 |
| 38134 | Memphis, TN 38134 | 5.0 mi | 95 | $23,323,355 | $246,875 | $245,509 |
| 38118 | Memphis, TN 38118 | 5.6 mi | 105 | $15,429,540 | $139,500 | $146,948 |
| 38138 | Germantown, TN 38138 | 6.4 mi | 130 | $88,391,810 | $492,500 | $679,937 |
| 38106 | Memphis, TN 38106 | 7.5 mi | 115 | $11,966,670 | $84,200 | $104,058 |
| 38105 | Memphis, TN 38105 | 7.8 mi | 16 | $4,734,816 | $216,000 | $295,926 |
| 38126 | Memphis, TN 38126 | 7.9 mi | 15 | $2,864,100 | $185,000 | $190,940 |
| 38116 | Memphis, TN 38116 | 8.2 mi | 72 | $13,091,688 | $171,725 | $181,829 |
| 38103 | Memphis, TN 38103 | 8.9 mi | 142 | $56,742,916 | $349,950 | $399,598 |
| 38135 | Memphis, TN 38135 | 9.1 mi | 82 | $28,023,090 | $326,850 | $341,745 |
As of September 2026, there are 252 active listings in MEMPHIS, TN (zip code 38117), compared to 227 the prior year.
The median listing price in MEMPHIS, TN 38117 is $281,025 as of September 2026, a 16% decrease from $334,500 the prior year.
Homes in MEMPHIS, TN 38117 spend an average of 64 days on the market before going under contract, compared to 55 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MEMPHIS, TN 38117 is currently a Buyer's Market. Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 64 days on market compared to 55 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38117 save an estimated $5,621 compared to a typical 5% commission on the median listing price of $281,025. 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.