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Callaway Hills

MEMPHIS, TN 38125

Real Estate Market Report  ·  Shelby County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
65
⇩ 24.4% vs 86 last year
Pending
18
28% pending ratio
Median Price
$315,000
⇩ 13.2% vs $363,000 last year
Average Price
$429,075
⇩ 0.1% vs $429,435 last year
Days on Market
58
⇩ 29.3% vs 82 days last year

Market Context

Population: 43,305  ·  Density: 879.9/mi²  ·  Median household income: $80,116

Typical home value: $206,337  ·  Homeownership: 55.6%

Market Analysis

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 65 this year vs 86 last year
  • Days on market: 58 now vs 82 last year

Median & Average Pricing

Year over Year
  • Median: $315,000 (-13.2% YoY)
  • Average: $429,075 (-0.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.1 miles — 1,756 listings ($792,329,186 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38125Memphis, TN 381250.0 mi65$27,889,875$315,000$429,075
38138Germantown, TN 381384.1 mi116$81,826,980$509,500$705,405
38115Memphis, TN 381154.7 mi69$9,758,946$132,500$141,434
38654Olive Branch, MS 386546.5 mi312$130,688,064$391,950$418,872
38018Cordova, TN 380187.9 mi141$55,623,513$354,500$394,493
38017Collierville, TN 380178.2 mi319$222,567,576$599,900$697,704
38117Memphis, TN 381179.0 mi192$70,074,240$277,500$364,970
38016Cordova, TN 3801610.8 mi149$49,009,229$325,000$328,921
38134Memphis, TN 3813411.2 mi89$21,499,374$240,000$241,566
38114Memphis, TN 3811412.2 mi105$15,963,990$120,525$152,038
38116Memphis, TN 3811612.5 mi70$12,959,520$175,000$185,136
38112Memphis, TN 3811213.6 mi72$19,470,528$232,500$270,424
38028Eads, TN 3802814.1 mi57$74,997,351$749,950$1,315,743

Frequently Asked Questions

How many homes are for sale in MEMPHIS, TN 38125?

As of January 2026, there are 65 active listings in MEMPHIS, TN (zip code 38125), compared to 86 the prior year.

What is the median home price in MEMPHIS, TN 38125?

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.

How long do homes stay on the market in MEMPHIS, TN?

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.

Is it a seller's or buyer's market in MEMPHIS, TN 38125?

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.

How much can I save on real estate commission in MEMPHIS, TN?

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.