Data as of September 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38125) currently shows 101 active listings, with 29 pending sales. Homes are averaging 55 days on the market before going under contract.
Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.
Homes are selling faster, averaging 55 days on market compared to 60 days last year.
The median listing price has fallen 4.3% year-over-year, from $329,250 to $314,975.
Population: 43,305 · Density: 879.9/mi² · Median household income: $80,116
Typical home value: $206,337 · Homeownership: 55.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38125 | Memphis, TN 38125 | 0.0 mi | 64 | $29,145,728 | $330,225 | $455,402 |
| 38138 | Germantown, TN 38138 | 4.1 mi | 130 | $88,391,810 | $492,500 | $679,937 |
| 38115 | Memphis, TN 38115 | 4.7 mi | 66 | $9,054,804 | $124,725 | $137,194 |
| 38654 | Olive Branch, MS 38654 | 6.5 mi | 330 | $142,347,480 | $399,975 | $431,356 |
| 38018 | Cordova, TN 38018 | 7.9 mi | 153 | $65,400,003 | $359,000 | $427,451 |
| 38017 | Collierville, TN 38017 | 8.2 mi | 321 | $226,867,392 | $610,975 | $706,752 |
| 38111 | Memphis, TN 38111 | 10.5 mi | 215 | $52,876,670 | $185,675 | $245,938 |
| 38672 | Southaven, MS 38672 | 10.9 mi | 102 | $40,251,648 | $385,500 | $394,624 |
| 38122 | Memphis, TN 38122 | 11.8 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 38671 | Southaven, MS 38671 | 12.4 mi | 99 | $26,732,871 | $264,900 | $270,029 |
| 38133 | Memphis, TN 38133 | 13.0 mi | 66 | $21,566,358 | $318,700 | $326,763 |
| 38611 | Byhalia, MS 38611 | 13.6 mi | 83 | $35,262,135 | $369,563 | $424,845 |
| 38104 | Memphis, TN 38104 | 14.2 mi | 147 | $51,369,444 | $299,000 | $349,452 |
As of September 2026, there are 101 active listings in MEMPHIS, TN (zip code 38125), compared to 92 the prior year.
The median listing price in MEMPHIS, TN 38125 is $314,975 as of September 2026, a 4.3% decrease from $329,250 the prior year.
Homes in MEMPHIS, TN 38125 spend an average of 55 days on the market before going under contract, compared to 60 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MEMPHIS, TN 38125 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 55 days on market compared to 60 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 $314,975. 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.