Active Listings
89
⇧ 17.1% vs 76 last year
Population: 42,789 · Density: 889.4/mi² · Median household income: $57,630
Typical home value: $167,200 · Homeownership: 48.8%
Data as of January 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38134) currently shows 89 active listings, with 25 pending sales. Homes are averaging 64 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 64 days on market compared to 41 days last year.
The median listing price has fallen 3.5% year-over-year, from $248,675 to $240,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38134 | Memphis, TN 38134 | 0.0 mi | 89 | $21,499,374 | $240,000 | $241,566 |
| 38122 | Memphis, TN 38122 | 3.8 mi | 94 | $17,636,092 | $164,960 | $187,618 |
| 38135 | Memphis, TN 38135 | 4.3 mi | 83 | $28,935,543 | $331,250 | $348,621 |
| 38117 | Memphis, TN 38117 | 5.0 mi | 192 | $70,074,240 | $277,500 | $364,970 |
| 38016 | Cordova, TN 38016 | 5.6 mi | 149 | $49,009,229 | $325,000 | $328,921 |
| 38018 | Cordova, TN 38018 | 5.9 mi | 141 | $55,623,513 | $354,500 | $394,493 |
| 38119 | Memphis, TN 38119 | 6.7 mi | 102 | $36,555,780 | $314,900 | $358,390 |
| 38138 | Germantown, TN 38138 | 7.2 mi | 116 | $81,826,980 | $509,500 | $705,405 |
| 38139 | Germantown, TN 38139 | 8.6 mi | 68 | $49,873,852 | $628,750 | $733,439 |
| 38114 | Memphis, TN 38114 | 9.0 mi | 105 | $15,963,990 | $120,525 | $152,038 |
| 38127 | Memphis, TN 38127 | 9.8 mi | 302 | $33,773,264 | $109,900 | $111,832 |
| 38118 | Memphis, TN 38118 | 10.5 mi | 102 | $14,422,086 | $139,000 | $141,393 |
| 38141 | Memphis, TN 38141 | 11.1 mi | 52 | $9,722,388 | $184,500 | $186,969 |
As of January 2026, there are 89 active listings in MEMPHIS, TN (zip code 38134), compared to 76 the prior year.
The median listing price in MEMPHIS, TN 38134 is $240,000 as of January 2026, a 3.5% decrease from $248,675 the prior year.
Homes in MEMPHIS, TN 38134 spend an average of 64 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MEMPHIS, TN 38134 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 64 days on market compared to 41 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38134 save an estimated $4,800 compared to a typical 5% commission on the median listing price of $240,000. 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.