Active Listings
124
⇩ 3.9% vs 129 last year
Germantown (Shelby Farms) · Quince
Data as of September 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38119) currently shows 124 active listings, with 35 pending sales. Homes are averaging 61 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 61 days on market compared to 70 days last year.
The median listing price has fallen 12.5% year-over-year, from $335,000 to $293,000.
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 September 2026, there are 124 active listings in MEMPHIS, TN (zip code 38119), compared to 129 the prior year.
The median listing price in MEMPHIS, TN 38119 is $293,000 as of September 2026, a 12.5% decrease from $335,000 the prior year.
Homes in MEMPHIS, TN 38119 spend an average of 61 days on the market before going under contract, compared to 70 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MEMPHIS, TN 38119 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 61 days on market compared to 70 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38119 save an estimated $5,860 compared to a typical 5% commission on the median listing price of $293,000. 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.