Active Listings
175
⇧ 65.1% vs 106 last year
East Memphis · High Point Terrace · Jackson · University District · Walnut Grove
Data as of September 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38122) currently shows 175 active listings, with 29 pending sales. Homes are averaging 114 days on the market before going under contract.
Inventory has increased compared to last year, with 69 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 114 days on market compared to 56 days last year.
The median listing price has fallen 7% year-over-year, from $179,475 to $166,915.
Population: 24,014 · Density: 1,360.2/mi² · Median household income: $45,065
Typical home value: $99,423 · Homeownership: 53.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38122 | Memphis, TN 38122 | 0.0 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 38117 | Memphis, TN 38117 | 3.1 mi | 197 | $74,728,404 | $280,875 | $379,332 |
| 38111 | Memphis, TN 38111 | 3.5 mi | 215 | $52,876,670 | $185,675 | $245,938 |
| 38120 | Memphis, TN 38120 | 4.6 mi | 94 | $64,776,246 | $478,688 | $689,109 |
| 38104 | Memphis, TN 38104 | 4.9 mi | 147 | $51,369,444 | $299,000 | $349,452 |
| 38107 | Memphis, TN 38107 | 5.8 mi | 114 | $18,698,622 | $139,900 | $164,023 |
| 38119 | Memphis, TN 38119 | 6.9 mi | 105 | $36,298,815 | $299,450 | $345,703 |
| 38126 | Memphis, TN 38126 | 7.2 mi | 15 | $2,864,100 | $185,000 | $190,940 |
| 38106 | Memphis, TN 38106 | 7.6 mi | 115 | $11,966,670 | $84,200 | $104,058 |
| 38115 | Memphis, TN 38115 | 7.8 mi | 66 | $9,054,804 | $124,725 | $137,194 |
| 38118 | Memphis, TN 38118 | 8.3 mi | 105 | $15,429,540 | $139,500 | $146,948 |
| 38018 | Cordova, TN 38018 | 8.9 mi | 153 | $65,400,003 | $359,000 | $427,451 |
| 38116 | Memphis, TN 38116 | 10.0 mi | 72 | $13,091,688 | $171,725 | $181,829 |
As of September 2026, there are 175 active listings in MEMPHIS, TN (zip code 38122), compared to 106 the prior year.
The median listing price in MEMPHIS, TN 38122 is $166,915 as of September 2026, a 7% decrease from $179,475 the prior year.
Homes in MEMPHIS, TN 38122 spend an average of 114 days on the market before going under contract, compared to 56 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MEMPHIS, TN 38122 is currently a Buyer's Market. Inventory has increased compared to last year, with 69 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 114 days on market compared to 56 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38122 save an estimated $3,338 compared to a typical 5% commission on the median listing price of $166,915. 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.