Active Listings
121
⇩ 6.9% vs 130 last year
Germantown (Shelby Farms) · Quince
Data as of June 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38119) currently shows 121 active listings, with 26 pending sales. Homes are averaging 44 days on the market before going under contract.
Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 44 days on market compared to 52 days last year.
The median listing price has fallen 5.6% year-over-year, from $339,750 to $320,750.
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: 22,990 · Density: 1,006.9/mi² · Median household income: $92,500
Typical home value: $255,490 · Homeownership: 59.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38119 | Memphis, TN 38119 | 0.0 mi | 105 | $36,298,815 | $299,450 | $345,703 |
| 38138 | Germantown, TN 38138 | 2.7 mi | 130 | $88,391,810 | $492,500 | $679,937 |
| 38117 | Memphis, TN 38117 | 4.2 mi | 197 | $74,728,404 | $280,875 | $379,332 |
| 38125 | Memphis, TN 38125 | 4.9 mi | 64 | $29,145,728 | $330,225 | $455,402 |
| 38118 | Memphis, TN 38118 | 5.6 mi | 105 | $15,429,540 | $139,500 | $146,948 |
| 38018 | Cordova, TN 38018 | 6.0 mi | 153 | $65,400,003 | $359,000 | $427,451 |
| 38122 | Memphis, TN 38122 | 6.9 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 38016 | Cordova, TN 38016 | 8.4 mi | 146 | $48,018,524 | $327,625 | $328,894 |
| 38108 | Memphis, TN 38108 | 9.4 mi | 93 | $10,026,609 | $109,250 | $107,813 |
| 38104 | Memphis, TN 38104 | 9.7 mi | 147 | $51,369,444 | $299,000 | $349,452 |
| 38654 | Olive Branch, MS 38654 | 10.0 mi | 330 | $142,347,480 | $399,975 | $431,356 |
| 38106 | Memphis, TN 38106 | 10.9 mi | 115 | $11,966,670 | $84,200 | $104,058 |
| 38128 | Memphis, TN 38128 | 11.1 mi | 134 | $24,438,250 | $166,225 | $182,375 |
As of June 2026, there are 121 active listings in MEMPHIS, TN (zip code 38119), compared to 130 the prior year.
The median listing price in MEMPHIS, TN 38119 is $320,750 as of June 2026, a 5.6% decrease from $339,750 the prior year.
Homes in MEMPHIS, TN 38119 spend an average of 44 days on the market before going under contract, compared to 52 days the prior year.
Based on current inventory and days-on-market data as of June 2026, MEMPHIS, TN 38119 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 44 days on market compared to 52 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38119 save an estimated $6,415 compared to a typical 5% commission on the median listing price of $320,750. 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.