Active Listings
322
⇧ 61.8% vs 199 last year
Frayser · Hyde Park
Data as of April 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38127) currently shows 322 active listings, with 38 pending sales. Homes are averaging 75 days on the market before going under contract.
Inventory has increased compared to last year, with 123 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 75 days on market compared to 59 days last year.
The median listing price has fallen 7.9% year-over-year, from $110,775 to $102,000.
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.
Population: 40,565 · Density: 414.7/mi² · Median household income: $34,781
Typical home value: $77,416 · Homeownership: 45.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38127 | Memphis, TN 38127 | 0.0 mi | 285 | $32,019,180 | $109,700 | $112,348 |
| 38128 | Memphis, TN 38128 | 5.2 mi | 134 | $24,438,250 | $166,225 | $182,375 |
| 38105 | Memphis, TN 38105 | 6.1 mi | 16 | $4,734,816 | $216,000 | $295,926 |
| 38112 | Memphis, TN 38112 | 6.6 mi | 78 | $21,691,098 | $242,475 | $278,091 |
| 38122 | Memphis, TN 38122 | 7.7 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 38126 | Memphis, TN 38126 | 7.8 mi | 15 | $2,864,100 | $185,000 | $190,940 |
| 38106 | Memphis, TN 38106 | 9.6 mi | 115 | $11,966,670 | $84,200 | $104,058 |
| 38111 | Memphis, TN 38111 | 9.8 mi | 215 | $52,876,670 | $185,675 | $245,938 |
| 38114 | Memphis, TN 38114 | 9.9 mi | 110 | $16,903,700 | $114,950 | $153,670 |
| 72301 | West Memphis, AR 72301 | 11.6 mi | 104 | $21,340,072 | $180,500 | $205,193 |
| 38133 | Memphis, TN 38133 | 12.7 mi | 66 | $21,566,358 | $318,700 | $326,763 |
| 38119 | Memphis, TN 38119 | 14.6 mi | 105 | $36,298,815 | $299,450 | $345,703 |
| 38016 | Cordova, TN 38016 | 15.1 mi | 146 | $48,018,524 | $327,625 | $328,894 |
As of April 2026, there are 322 active listings in MEMPHIS, TN (zip code 38127), compared to 199 the prior year.
The median listing price in MEMPHIS, TN 38127 is $102,000 as of April 2026, a 7.9% decrease from $110,775 the prior year.
Homes in MEMPHIS, TN 38127 spend an average of 75 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of April 2026, MEMPHIS, TN 38127 is currently a Buyer's Market. Inventory has increased compared to last year, with 123 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 75 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38127 save an estimated $2,040 compared to a typical 5% commission on the median listing price of $102,000. 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.