Data as of June 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38125) currently shows 78 active listings, with 28 pending sales. Homes are averaging 43 days on the market before going under contract.
Inventory has tightened compared to last year, with 25 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 43 days on market compared to 41 days last year.
The median listing price has fallen 11.1% year-over-year, from $345,950 to $307,450.
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: 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 June 2026, there are 78 active listings in MEMPHIS, TN (zip code 38125), compared to 103 the prior year.
The median listing price in MEMPHIS, TN 38125 is $307,450 as of June 2026, a 11.1% decrease from $345,950 the prior year.
Homes in MEMPHIS, TN 38125 spend an average of 43 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of June 2026, MEMPHIS, TN 38125 is currently a Balanced Market. Inventory has tightened compared to last year, with 25 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 43 days on market compared to 41 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38125 save an estimated $6,149 compared to a typical 5% commission on the median listing price of $307,450. 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.