Active Listings
116
⇧ 7.4% vs 108 last year
Data as of June 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38135) currently shows 116 active listings, with 41 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 46 days on market compared to 38 days last year.
The median listing price has fallen 6.5% year-over-year, from $384,950 to $359,926.
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: 30,917 · Density: 926.3/mi² · Median household income: $88,987
Typical home value: $233,988 · Homeownership: 81.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38135 | Memphis, TN 38135 | 0.0 mi | 82 | $28,023,090 | $326,850 | $341,745 |
| 38134 | Memphis, TN 38134 | 4.3 mi | 95 | $23,323,355 | $246,875 | $245,509 |
| 38016 | Cordova, TN 38016 | 6.5 mi | 146 | $48,018,524 | $327,625 | $328,894 |
| 38108 | Memphis, TN 38108 | 7.8 mi | 93 | $10,026,609 | $109,250 | $107,813 |
| 38018 | Cordova, TN 38018 | 8.4 mi | 153 | $65,400,003 | $359,000 | $427,451 |
| 38053 | Millington, TN 38053 | 8.8 mi | 98 | $32,136,748 | $318,990 | $327,926 |
| 38127 | Memphis, TN 38127 | 9.5 mi | 285 | $32,019,180 | $109,700 | $112,348 |
| 38111 | Memphis, TN 38111 | 10.4 mi | 215 | $52,876,670 | $185,675 | $245,938 |
| 38119 | Memphis, TN 38119 | 11.0 mi | 105 | $36,298,815 | $299,450 | $345,703 |
| 38104 | Memphis, TN 38104 | 11.4 mi | 147 | $51,369,444 | $299,000 | $349,452 |
| 38105 | Memphis, TN 38105 | 12.1 mi | 16 | $4,734,816 | $216,000 | $295,926 |
| 38028 | Eads, TN 38028 | 12.7 mi | 53 | $64,101,698 | $749,475 | $1,209,466 |
| 38103 | Memphis, TN 38103 | 13.0 mi | 142 | $56,742,916 | $349,950 | $399,598 |
As of June 2026, there are 116 active listings in MEMPHIS, TN (zip code 38135), compared to 108 the prior year.
The median listing price in MEMPHIS, TN 38135 is $359,926 as of June 2026, a 6.5% decrease from $384,950 the prior year.
Homes in MEMPHIS, TN 38135 spend an average of 46 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of June 2026, MEMPHIS, TN 38135 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 46 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38135 save an estimated $7,199 compared to a typical 5% commission on the median listing price of $359,926. 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.