Downtown (Core) · Foote Homes · Linden · Medical District · South End · South Forum · South Main Arts District · South Memphis
Data as of March 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38126) currently shows 14 active listings, with 4 pending sales. Homes are averaging 145 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 145 days on market compared to 29 days last year.
The median listing price has risen 60.3% year-over-year, from $124,750 to $199,955.
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 March 2026, there are 14 active listings in MEMPHIS, TN (zip code 38126), compared to 15 the prior year.
The median listing price in MEMPHIS, TN 38126 is $199,955 as of March 2026, a 60.3% increase from $124,750 the prior year.
Homes in MEMPHIS, TN 38126 spend an average of 145 days on the market before going under contract, compared to 29 days the prior year.
Based on current inventory and days-on-market data as of March 2026, MEMPHIS, TN 38126 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 145 days on market compared to 29 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38126 save an estimated $3,999 compared to a typical 5% commission on the median listing price of $199,955. 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.