Active Listings
142
⇧ 31.5% vs 108 last year
Population: 44,400 · Density: 725.2/mi² · Median household income: $40,497
Typical home value: $112,156 · Homeownership: 41.8%
Data as of January 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38128) currently shows 142 active listings, with 33 pending sales. Homes are averaging 66 days on the market before going under contract.
Inventory has increased compared to last year, with 34 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 66 days on market compared to 39 days last year.
The median listing price has fallen 5.8% year-over-year, from $179,925 to $169,498.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38128 | Memphis, TN 38128 | 0.0 mi | 142 | $26,221,578 | $169,498 | $184,659 |
| 38135 | Memphis, TN 38135 | 4.4 mi | 83 | $28,935,543 | $331,250 | $348,621 |
| 38134 | Memphis, TN 38134 | 5.1 mi | 89 | $21,499,374 | $240,000 | $241,566 |
| 38112 | Memphis, TN 38112 | 6.1 mi | 72 | $19,470,528 | $232,500 | $270,424 |
| 38133 | Memphis, TN 38133 | 7.5 mi | 65 | $20,764,120 | $314,975 | $319,448 |
| 38117 | Memphis, TN 38117 | 7.8 mi | 192 | $70,074,240 | $277,500 | $364,970 |
| 38105 | Memphis, TN 38105 | 8.1 mi | 15 | $4,303,155 | $215,000 | $286,877 |
| 38120 | Memphis, TN 38120 | 8.2 mi | 96 | $68,256,192 | $487,000 | $711,002 |
| 38088 | Cordova, TN 38088 | 9.2 mi | 1 | $139,000 | $139,000 | $139,000 |
| 38114 | Memphis, TN 38114 | 9.6 mi | 105 | $15,963,990 | $120,525 | $152,038 |
| 38106 | Memphis, TN 38106 | 10.7 mi | 111 | $11,898,423 | $85,250 | $107,193 |
| 38119 | Memphis, TN 38119 | 11.1 mi | 102 | $36,555,780 | $314,900 | $358,390 |
| 38115 | Memphis, TN 38115 | 12.3 mi | 69 | $9,758,946 | $132,500 | $141,434 |
As of January 2026, there are 142 active listings in MEMPHIS, TN (zip code 38128), compared to 108 the prior year.
The median listing price in MEMPHIS, TN 38128 is $169,498 as of January 2026, a 5.8% decrease from $179,925 the prior year.
Homes in MEMPHIS, TN 38128 spend an average of 66 days on the market before going under contract, compared to 39 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MEMPHIS, TN 38128 is currently a Buyer's Market. Inventory has increased compared to last year, with 34 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 66 days on market compared to 39 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38128 save an estimated $3,390 compared to a typical 5% commission on the median listing price of $169,498. 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.