Downtown (Core) · Foote Homes · Linden · Medical District · South End · South Forum · South Main Arts District · South Memphis
Data as of September 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38126) currently shows 15 active listings, with 3 pending sales. Homes are averaging 63 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 63 days on market compared to 83 days last year.
The median listing price has risen 26.6% year-over-year, from $139,200 to $176,175.
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 September 2026, there are 15 active listings in MEMPHIS, TN (zip code 38126), compared to 17 the prior year.
The median listing price in MEMPHIS, TN 38126 is $176,175 as of September 2026, a 26.6% increase from $139,200 the prior year.
Homes in MEMPHIS, TN 38126 spend an average of 63 days on the market before going under contract, compared to 83 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MEMPHIS, TN 38126 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 63 days on market compared to 83 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38126 save an estimated $3,524 compared to a typical 5% commission on the median listing price of $176,175. 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.