Active Listings
94
⇧ 28.8% vs 73 last year
Population: 24,014 · Density: 1,360.2/mi² · Median household income: $45,065
Typical home value: $99,423 · Homeownership: 53.5%
Data as of January 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38122) currently shows 94 active listings, with 12 pending sales. Homes are averaging 64 days on the market before going under contract.
Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.
Homes are selling faster, averaging 64 days on market compared to 81 days last year.
The median listing price has fallen 9.6% year-over-year, from $182,475 to $164,960.
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 $ |
|---|---|---|---|---|---|---|
| 38122 | Memphis, TN 38122 | 0.0 mi | 94 | $17,636,092 | $164,960 | $187,618 |
| 38117 | Memphis, TN 38117 | 3.1 mi | 192 | $70,074,240 | $277,500 | $364,970 |
| 38111 | Memphis, TN 38111 | 3.5 mi | 198 | $49,977,576 | $199,900 | $252,412 |
| 38120 | Memphis, TN 38120 | 4.6 mi | 96 | $68,256,192 | $487,000 | $711,002 |
| 38104 | Memphis, TN 38104 | 4.9 mi | 143 | $49,279,659 | $299,000 | $344,613 |
| 38107 | Memphis, TN 38107 | 5.8 mi | 104 | $17,337,424 | $141,250 | $166,706 |
| 38119 | Memphis, TN 38119 | 6.9 mi | 102 | $36,555,780 | $314,900 | $358,390 |
| 38126 | Memphis, TN 38126 | 7.2 mi | 19 | $3,676,899 | $182,500 | $193,521 |
| 38103 | Memphis, TN 38103 | 7.5 mi | 142 | $55,324,194 | $339,000 | $389,607 |
| 38127 | Memphis, TN 38127 | 7.7 mi | 302 | $33,773,264 | $109,900 | $111,832 |
| 38133 | Memphis, TN 38133 | 8.2 mi | 65 | $20,764,120 | $314,975 | $319,448 |
| 38138 | Germantown, TN 38138 | 8.6 mi | 116 | $81,826,980 | $509,500 | $705,405 |
| 38016 | Cordova, TN 38016 | 9.3 mi | 149 | $49,009,229 | $325,000 | $328,921 |
As of January 2026, there are 94 active listings in MEMPHIS, TN (zip code 38122), compared to 73 the prior year.
The median listing price in MEMPHIS, TN 38122 is $164,960 as of January 2026, a 9.6% decrease from $182,475 the prior year.
Homes in MEMPHIS, TN 38122 spend an average of 64 days on the market before going under contract, compared to 81 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MEMPHIS, TN 38122 is currently a Balanced Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice. Homes are selling faster, averaging 64 days on market compared to 81 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38122 save an estimated $3,299 compared to a typical 5% commission on the median listing price of $164,960. 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.