Active Listings
83
⇧ 15.3% vs 72 last year
Population: 30,917 · Density: 926.3/mi² · Median household income: $88,987
Typical home value: $233,988 · Homeownership: 81.7%
Data as of January 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38135) currently shows 83 active listings, with 22 pending sales. Homes are averaging 73 days on the market before going under contract.
Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 73 days on market compared to 60 days last year.
The median listing price has fallen 3.1% year-over-year, from $342,000 to $331,250.
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 $ |
|---|---|---|---|---|---|---|
| 38135 | Memphis, TN 38135 | 0.0 mi | 83 | $28,935,543 | $331,250 | $348,621 |
| 38134 | Memphis, TN 38134 | 4.3 mi | 89 | $21,499,374 | $240,000 | $241,566 |
| 38016 | Cordova, TN 38016 | 6.5 mi | 149 | $49,009,229 | $325,000 | $328,921 |
| 38122 | Memphis, TN 38122 | 7.0 mi | 94 | $17,636,092 | $164,960 | $187,618 |
| 38120 | Memphis, TN 38120 | 8.0 mi | 96 | $68,256,192 | $487,000 | $711,002 |
| 38002 | Arlington, TN 38002 | 8.6 mi | 204 | $109,916,424 | $540,000 | $538,806 |
| 38117 | Memphis, TN 38117 | 9.1 mi | 192 | $70,074,240 | $277,500 | $364,970 |
| 38112 | Memphis, TN 38112 | 9.5 mi | 72 | $19,470,528 | $232,500 | $270,424 |
| 38107 | Memphis, TN 38107 | 10.9 mi | 104 | $17,337,424 | $141,250 | $166,706 |
| 38138 | Germantown, TN 38138 | 11.0 mi | 116 | $81,826,980 | $509,500 | $705,405 |
| 38139 | Germantown, TN 38139 | 11.8 mi | 68 | $49,873,852 | $628,750 | $733,439 |
| 38114 | Memphis, TN 38114 | 12.5 mi | 105 | $15,963,990 | $120,525 | $152,038 |
| 38115 | Memphis, TN 38115 | 12.7 mi | 69 | $9,758,946 | $132,500 | $141,434 |
As of January 2026, there are 83 active listings in MEMPHIS, TN (zip code 38135), compared to 72 the prior year.
The median listing price in MEMPHIS, TN 38135 is $331,250 as of January 2026, a 3.1% decrease from $342,000 the prior year.
Homes in MEMPHIS, TN 38135 spend an average of 73 days on the market before going under contract, compared to 60 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MEMPHIS, TN 38135 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 73 days on market compared to 60 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38135 save an estimated $6,625 compared to a typical 5% commission on the median listing price of $331,250. 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.