Data as of September 2026. Source: Realtor.com.
The MEMPHIS, MI real estate market (48041) currently shows 9 active listings, with 5 pending sales. Homes are averaging 21 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 21 days on market compared to 32 days last year.
The median listing price has risen 2.1% year-over-year, from $349,900 to $357,400.
Population: 4,415 · Density: 42.6/mi² · Median household income: $85,250
Typical home value: $267,583 · Homeownership: 88.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48041 | Memphis, MI 48041 | 0.0 mi | 6 | $2,839,200 | $486,500 | $473,200 |
| 48062 | Richmond, MI 48062 | 6.2 mi | 27 | $11,144,925 | $365,000 | $412,775 |
| 48002 | Allenton, MI 48002 | 6.2 mi | 6 | $3,740,760 | $359,900 | $623,460 |
| 48005 | Armada, MI 48005 | 8.6 mi | 15 | $7,353,450 | $462,450 | $490,230 |
| 48050 | New Haven, MI 48050 | 10.6 mi | 6 | $2,937,150 | $518,675 | $489,525 |
| 48003 | Almont, MI 48003 | 12.1 mi | 25 | $14,058,050 | $546,598 | $562,322 |
| 48097 | Yale, MI 48097 | 13.0 mi | 21 | $6,706,497 | $284,225 | $319,357 |
| 48064 | Casco, MI 48064 | 13.6 mi | 8 | $3,354,240 | $385,000 | $419,280 |
| 48096 | Ray, MI 48096 | 13.6 mi | 9 | $8,628,561 | $774,625 | $958,729 |
| 48079 | Saint Clair, MI 48079 | 14.1 mi | 51 | $21,004,044 | $377,400 | $411,844 |
| 48095 | Washington, MI 48095 | 16.2 mi | 30 | $43,243,440 | $873,248 | $1,441,448 |
| 48032 | Jeddo, MI 48032 | 17.0 mi | 5 | $1,379,665 | $209,900 | $275,933 |
| 48060 | Port Huron, MI 48060 | 17.4 mi | 88 | $20,501,360 | $178,675 | $232,970 |
As of September 2026, there are 9 active listings in MEMPHIS, MI (zip code 48041), compared to 13 the prior year.
The median listing price in MEMPHIS, MI 48041 is $357,400 as of September 2026, a 2.1% increase from $349,900 the prior year.
Homes in MEMPHIS, MI 48041 spend an average of 21 days on the market before going under contract, compared to 32 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MEMPHIS, MI 48041 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 21 days on market compared to 32 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, MI 48041 save an estimated $7,148 compared to a typical 5% commission on the median listing price of $357,400. 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.