Downtown (Core) · Foote Homes · Linden · Medical District · South End · South Forum · South Main Arts District · South Memphis
Data as of July 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38126) currently shows 11 active listings, with 2 pending sales. Homes are averaging 55 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 55 days on market compared to 85 days last year.
The median listing price has risen 22.5% year-over-year, from $132,625 to $162,425.
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: 6,034 · Density: 1,254.0/mi² · Median household income: $19,844
Typical home value: $72,166 · Homeownership: 12.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38126 | Memphis, TN 38126 | 0.0 mi | 15 | $2,864,100 | $185,000 | $190,940 |
| 38106 | Memphis, TN 38106 | 1.9 mi | 115 | $11,966,670 | $84,200 | $104,058 |
| 38104 | Memphis, TN 38104 | 2.3 mi | 147 | $51,369,444 | $299,000 | $349,452 |
| 38114 | Memphis, TN 38114 | 3.9 mi | 110 | $16,903,700 | $114,950 | $153,670 |
| 38108 | Memphis, TN 38108 | 5.7 mi | 93 | $10,026,609 | $109,250 | $107,813 |
| 38116 | Memphis, TN 38116 | 6.8 mi | 72 | $13,091,688 | $171,725 | $181,829 |
| 72301 | West Memphis, AR 72301 | 7.6 mi | 104 | $21,340,072 | $180,500 | $205,193 |
| 38117 | Memphis, TN 38117 | 7.9 mi | 197 | $74,728,404 | $280,875 | $379,332 |
| 38118 | Memphis, TN 38118 | 9.0 mi | 105 | $15,429,540 | $139,500 | $146,948 |
| 72364 | Marion, AR 72364 | 10.0 mi | 67 | $20,259,527 | $299,900 | $302,381 |
| 38134 | Memphis, TN 38134 | 10.9 mi | 95 | $23,323,355 | $246,875 | $245,509 |
| 38671 | Southaven, MS 38671 | 11.6 mi | 99 | $26,732,871 | $264,900 | $270,029 |
| 38637 | Horn Lake, MS 38637 | 12.2 mi | 54 | $14,868,684 | $227,000 | $275,346 |
As of July 2026, there are 11 active listings in MEMPHIS, TN (zip code 38126), compared to 16 the prior year.
The median listing price in MEMPHIS, TN 38126 is $162,425 as of July 2026, a 22.5% increase from $132,625 the prior year.
Homes in MEMPHIS, TN 38126 spend an average of 55 days on the market before going under contract, compared to 85 days the prior year.
Based on current inventory and days-on-market data as of July 2026, MEMPHIS, TN 38126 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 55 days on market compared to 85 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38126 save an estimated $3,249 compared to a typical 5% commission on the median listing price of $162,425. 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.