Population: 43,305 · Density: 879.9/mi² · Median household income: $80,116
Typical home value: $206,337 · Homeownership: 55.6%
Data as of January 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38125) currently shows 65 active listings, with 18 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 58 days on market compared to 82 days last year.
The median listing price has fallen 13.2% year-over-year, from $363,000 to $315,000.
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 $ |
|---|---|---|---|---|---|---|
| 38125 | Memphis, TN 38125 | 0.0 mi | 65 | $27,889,875 | $315,000 | $429,075 |
| 38138 | Germantown, TN 38138 | 4.1 mi | 116 | $81,826,980 | $509,500 | $705,405 |
| 38115 | Memphis, TN 38115 | 4.7 mi | 69 | $9,758,946 | $132,500 | $141,434 |
| 38654 | Olive Branch, MS 38654 | 6.5 mi | 312 | $130,688,064 | $391,950 | $418,872 |
| 38018 | Cordova, TN 38018 | 7.9 mi | 141 | $55,623,513 | $354,500 | $394,493 |
| 38017 | Collierville, TN 38017 | 8.2 mi | 319 | $222,567,576 | $599,900 | $697,704 |
| 38117 | Memphis, TN 38117 | 9.0 mi | 192 | $70,074,240 | $277,500 | $364,970 |
| 38016 | Cordova, TN 38016 | 10.8 mi | 149 | $49,009,229 | $325,000 | $328,921 |
| 38134 | Memphis, TN 38134 | 11.2 mi | 89 | $21,499,374 | $240,000 | $241,566 |
| 38114 | Memphis, TN 38114 | 12.2 mi | 105 | $15,963,990 | $120,525 | $152,038 |
| 38116 | Memphis, TN 38116 | 12.5 mi | 70 | $12,959,520 | $175,000 | $185,136 |
| 38112 | Memphis, TN 38112 | 13.6 mi | 72 | $19,470,528 | $232,500 | $270,424 |
| 38028 | Eads, TN 38028 | 14.1 mi | 57 | $74,997,351 | $749,950 | $1,315,743 |
As of January 2026, there are 65 active listings in MEMPHIS, TN (zip code 38125), compared to 86 the prior year.
The median listing price in MEMPHIS, TN 38125 is $315,000 as of January 2026, a 13.2% decrease from $363,000 the prior year.
Homes in MEMPHIS, TN 38125 spend an average of 58 days on the market before going under contract, compared to 82 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MEMPHIS, TN 38125 is currently a Seller's Market. Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 58 days on market compared to 82 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38125 save an estimated $6,300 compared to a typical 5% commission on the median listing price of $315,000. 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.