Active Listings
102
— vs 102 last year
Population: 22,990 · Density: 1,006.9/mi² · Median household income: $92,500
Typical home value: $255,490 · Homeownership: 59.7%
Data as of January 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38119) currently shows 102 active listings, with 23 pending sales. Homes are averaging 72 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 72 days on market compared to 76 days last year.
The median listing price has fallen 8.9% year-over-year, from $345,500 to $314,900.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38119 | Memphis, TN 38119 | 0.0 mi | 102 | $36,555,780 | $314,900 | $358,390 |
| 38138 | Germantown, TN 38138 | 2.7 mi | 116 | $81,826,980 | $509,500 | $705,405 |
| 38117 | Memphis, TN 38117 | 4.2 mi | 192 | $70,074,240 | $277,500 | $364,970 |
| 38125 | Memphis, TN 38125 | 4.9 mi | 65 | $27,889,875 | $315,000 | $429,075 |
| 38118 | Memphis, TN 38118 | 5.6 mi | 102 | $14,422,086 | $139,000 | $141,393 |
| 38111 | Memphis, TN 38111 | 5.9 mi | 198 | $49,977,576 | $199,900 | $252,412 |
| 38134 | Memphis, TN 38134 | 6.7 mi | 89 | $21,499,374 | $240,000 | $241,566 |
| 38114 | Memphis, TN 38114 | 8.0 mi | 105 | $15,963,990 | $120,525 | $152,038 |
| 38112 | Memphis, TN 38112 | 8.8 mi | 72 | $19,470,528 | $232,500 | $270,424 |
| 38133 | Memphis, TN 38133 | 9.6 mi | 65 | $20,764,120 | $314,975 | $319,448 |
| 38116 | Memphis, TN 38116 | 9.9 mi | 70 | $12,959,520 | $175,000 | $185,136 |
| 38017 | Collierville, TN 38017 | 10.9 mi | 319 | $222,567,576 | $599,900 | $697,704 |
| 38135 | Memphis, TN 38135 | 11.0 mi | 83 | $28,935,543 | $331,250 | $348,621 |
As of January 2026, there are 102 active listings in MEMPHIS, TN (zip code 38119), compared to 102 the prior year.
The median listing price in MEMPHIS, TN 38119 is $314,900 as of January 2026, a 8.9% decrease from $345,500 the prior year.
Homes in MEMPHIS, TN 38119 spend an average of 72 days on the market before going under contract, compared to 76 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MEMPHIS, TN 38119 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 72 days on market compared to 76 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38119 save an estimated $6,298 compared to a typical 5% commission on the median listing price of $314,900. 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.