Active Listings
258
⇧ 7.5% vs 240 last year
East Memphis · Quince · Walnut Grove
Data as of April 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38117) currently shows 258 active listings, with 69 pending sales. Homes are averaging 48 days on the market before going under contract.
Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 48 days on market compared to 46 days last year.
The median listing price has fallen 9% year-over-year, from $324,000 to $294,900.
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: 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 April 2026, there are 258 active listings in MEMPHIS, TN (zip code 38117), compared to 240 the prior year.
The median listing price in MEMPHIS, TN 38117 is $294,900 as of April 2026, a 9% decrease from $324,000 the prior year.
Homes in MEMPHIS, TN 38117 spend an average of 48 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of April 2026, MEMPHIS, TN 38117 is currently a Buyer's Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 48 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38117 save an estimated $5,898 compared to a typical 5% commission on the median listing price of $294,900. 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.