Data as of March 2026. Source: Realtor.com.
The MEMPHIS, MI real estate market (48041) currently shows 6 active listings, with 4 pending sales. Homes are averaging 30 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are selling faster, averaging 30 days on market compared to 205 days last year.
The median listing price has fallen 50.3% year-over-year, from $719,500 to $357,250.
Whether you are buying or selling in MEMPHIS, MI, 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: 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 March 2026, there are 6 active listings in MEMPHIS, MI (zip code 48041), compared to 2 the prior year.
The median listing price in MEMPHIS, MI 48041 is $357,250 as of March 2026, a 50.3% decrease from $719,500 the prior year.
Homes in MEMPHIS, MI 48041 spend an average of 30 days on the market before going under contract, compared to 205 days the prior year.
Based on current inventory and days-on-market data as of March 2026, MEMPHIS, MI 48041 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 30 days on market compared to 205 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, MI 48041 save an estimated $7,145 compared to a typical 5% commission on the median listing price of $357,250. 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.