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MEMPHIS, IN 47143

Real Estate Market Report  ·  Clark County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
43
⇧ 19.4% vs 36 last year
Pending
11
26% pending ratio
Median Price
$304,900
⇩ 2.4% vs $312,400 last year
Average Price
$312,391
⇩ 2.4% vs $319,988 last year
Days on Market
79
⇧ 102.6% vs 39 days last year

Market Context

Population: 3,612  ·  Density: 66.8/mi²  ·  Median household income: $114,006

Typical home value: $241,315  ·  Homeownership: 91.0%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The MEMPHIS, IN real estate market (47143) currently shows 43 active listings, with 11 pending sales. Homes are averaging 79 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 79 days on market compared to 39 days last year.

The median listing price has fallen 2.4% year-over-year, from $312,400 to $304,900.

Whether you are buying or selling in MEMPHIS, IN, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 43 this year vs 36 last year
  • Days on market: 79 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $304,900 (-2.4% YoY)
  • Average: $312,391 (-2.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.6 miles — 873 listings ($406,024,467 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47143Memphis, IN 471430.0 mi43$13,432,813$304,900$312,391
47126Henryville, IN 471265.6 mi28$12,053,776$399,999$430,492
47163Otisco, IN 471637.1 mi5$2,208,750$407,000$441,750
47177Underwood, IN 471779.0 mi3$701,850$226,900$233,950
47130Jeffersonville, IN 4713010.1 mi282$95,807,244$298,900$339,742
47129Clarksville, IN 4712910.7 mi58$14,431,792$227,900$248,824
40059Prospect, KY 4005912.8 mi123$149,913,876$879,950$1,218,812
40025Glenview, KY 4002513.3 mi1$4,795,000$4,795,000$4,795,000
40212Louisville, KY 4021214.0 mi107$21,819,547$134,260$203,921
40202Louisville, KY 4020215.0 mi15$7,788,000$442,000$519,200
40203Louisville, KY 4020315.3 mi59$14,209,324$200,000$240,836
40207Louisville, KY 4020715.6 mi96$56,183,040$472,500$585,240
47170Scottsburg, IN 4717015.6 mi53$12,679,455$236,200$239,235

Frequently Asked Questions

How many homes are for sale in MEMPHIS, IN 47143?

As of January 2026, there are 43 active listings in MEMPHIS, IN (zip code 47143), compared to 36 the prior year.

What is the median home price in MEMPHIS, IN 47143?

The median listing price in MEMPHIS, IN 47143 is $304,900 as of January 2026, a 2.4% decrease from $312,400 the prior year.

How long do homes stay on the market in MEMPHIS, IN?

Homes in MEMPHIS, IN 47143 spend an average of 79 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in MEMPHIS, IN 47143?

Based on current inventory and days-on-market data as of January 2026, MEMPHIS, IN 47143 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 79 days on market compared to 39 days last year.

How much can I save on real estate commission in MEMPHIS, IN?

With SELL123.com's maximum 3% commission, sellers in MEMPHIS, IN 47143 save an estimated $6,098 compared to a typical 5% commission on the median listing price of $304,900. 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.