Data as of March 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38133) currently shows 69 active listings, with 29 pending sales. Homes are averaging 77 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 77 days on market compared to 53 days last year.
The median listing price has fallen 4.9% year-over-year, from $335,190 to $318,700.
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: 21,383 · Density: 635.8/mi² · Median household income: $74,775
Typical home value: $214,000 · Homeownership: 70.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38133 | Memphis, TN 38133 | 0.0 mi | 66 | $21,566,358 | $318,700 | $326,763 |
| 38135 | Memphis, TN 38135 | 3.6 mi | 82 | $28,023,090 | $326,850 | $341,745 |
| 38018 | Cordova, TN 38018 | 5.4 mi | 153 | $65,400,003 | $359,000 | $427,451 |
| 38002 | Arlington, TN 38002 | 7.1 mi | 203 | $109,530,477 | $545,720 | $539,559 |
| 38122 | Memphis, TN 38122 | 8.2 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 38139 | Germantown, TN 38139 | 9.0 mi | 74 | $55,425,778 | $606,200 | $748,997 |
| 38028 | Eads, TN 38028 | 9.2 mi | 53 | $64,101,698 | $749,475 | $1,209,466 |
| 38108 | Memphis, TN 38108 | 9.9 mi | 93 | $10,026,609 | $109,250 | $107,813 |
| 38112 | Memphis, TN 38112 | 11.2 mi | 78 | $21,691,098 | $242,475 | $278,091 |
| 38053 | Millington, TN 38053 | 12.2 mi | 98 | $32,136,748 | $318,990 | $327,926 |
| 38127 | Memphis, TN 38127 | 12.7 mi | 285 | $32,019,180 | $109,700 | $112,348 |
| 38125 | Memphis, TN 38125 | 13.0 mi | 64 | $29,145,728 | $330,225 | $455,402 |
| 38107 | Memphis, TN 38107 | 13.3 mi | 114 | $18,698,622 | $139,900 | $164,023 |
As of March 2026, there are 69 active listings in MEMPHIS, TN (zip code 38133), compared to 72 the prior year.
The median listing price in MEMPHIS, TN 38133 is $318,700 as of March 2026, a 4.9% decrease from $335,190 the prior year.
Homes in MEMPHIS, TN 38133 spend an average of 77 days on the market before going under contract, compared to 53 days the prior year.
Based on current inventory and days-on-market data as of March 2026, MEMPHIS, TN 38133 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 77 days on market compared to 53 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38133 save an estimated $6,374 compared to a typical 5% commission on the median listing price of $318,700. 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.