Active Listings
169
⇧ 59.4% vs 106 last year
East Memphis · High Point Terrace · Jackson · University District · Walnut Grove
Data as of June 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38122) currently shows 169 active listings, with 23 pending sales. Homes are averaging 96 days on the market before going under contract.
Inventory has increased compared to last year, with 63 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 96 days on market compared to 43 days last year.
The median listing price has fallen 17.3% year-over-year, from $210,750 to $174,373.
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: 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 June 2026, there are 169 active listings in MEMPHIS, TN (zip code 38122), compared to 106 the prior year.
The median listing price in MEMPHIS, TN 38122 is $174,373 as of June 2026, a 17.3% decrease from $210,750 the prior year.
Homes in MEMPHIS, TN 38122 spend an average of 96 days on the market before going under contract, compared to 43 days the prior year.
Based on current inventory and days-on-market data as of June 2026, MEMPHIS, TN 38122 is currently a Buyer's Market. Inventory has increased compared to last year, with 63 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 96 days on market compared to 43 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38122 save an estimated $3,487 compared to a typical 5% commission on the median listing price of $174,373. 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.