Germantown (Shelby Farms) · Raleigh
Data as of March 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38134) currently shows 93 active listings, with 40 pending sales. Homes are averaging 41 days on the market before going under contract.
Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.
Homes are selling faster, averaging 41 days on market compared to 46 days last year.
The median listing price has risen 6.3% year-over-year, from $239,900 to $255,000.
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: 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 March 2026, there are 93 active listings in MEMPHIS, TN (zip code 38134), compared to 83 the prior year.
The median listing price in MEMPHIS, TN 38134 is $255,000 as of March 2026, a 6.3% increase from $239,900 the prior year.
Homes in MEMPHIS, TN 38134 spend an average of 41 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of March 2026, MEMPHIS, TN 38134 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are selling faster, averaging 41 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38134 save an estimated $5,100 compared to a typical 5% commission on the median listing price of $255,000. 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.