Germantown (Shelby Farms) · Raleigh
Data as of July 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38134) currently shows 97 active listings, with 40 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 58 days on market compared to 44 days last year.
The median listing price has risen 3.2% year-over-year, from $259,675 to $267,950.
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: 42,789 · Density: 889.4/mi² · Median household income: $57,630
Typical home value: $167,200 · Homeownership: 48.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38134 | Memphis, TN 38134 | 0.0 mi | 95 | $23,323,355 | $246,875 | $245,509 |
| 38122 | Memphis, TN 38122 | 3.8 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 38133 | Memphis, TN 38133 | 4.4 mi | 66 | $21,566,358 | $318,700 | $326,763 |
| 38128 | Memphis, TN 38128 | 5.1 mi | 134 | $24,438,250 | $166,225 | $182,375 |
| 38108 | Memphis, TN 38108 | 5.9 mi | 93 | $10,026,609 | $109,250 | $107,813 |
| 38111 | Memphis, TN 38111 | 6.6 mi | 215 | $52,876,670 | $185,675 | $245,938 |
| 38112 | Memphis, TN 38112 | 6.9 mi | 78 | $21,691,098 | $242,475 | $278,091 |
| 38115 | Memphis, TN 38115 | 8.4 mi | 66 | $9,054,804 | $124,725 | $137,194 |
| 38104 | Memphis, TN 38104 | 8.7 mi | 147 | $51,369,444 | $299,000 | $349,452 |
| 38107 | Memphis, TN 38107 | 9.3 mi | 114 | $18,698,622 | $139,900 | $164,023 |
| 38105 | Memphis, TN 38105 | 10.1 mi | 16 | $4,734,816 | $216,000 | $295,926 |
| 38126 | Memphis, TN 38126 | 10.9 mi | 15 | $2,864,100 | $185,000 | $190,940 |
| 38103 | Memphis, TN 38103 | 11.2 mi | 142 | $56,742,916 | $349,950 | $399,598 |
As of July 2026, there are 97 active listings in MEMPHIS, TN (zip code 38134), compared to 94 the prior year.
The median listing price in MEMPHIS, TN 38134 is $267,950 as of July 2026, a 3.2% increase from $259,675 the prior year.
Homes in MEMPHIS, TN 38134 spend an average of 58 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of July 2026, MEMPHIS, TN 38134 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38134 save an estimated $5,359 compared to a typical 5% commission on the median listing price of $267,950. 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.