Data as of June 2026. Source: Realtor.com.
The MEMPHIS, MI real estate market (48041) currently shows 7 active listings, with 4 pending sales. Homes are averaging 46 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 taking longer to sell, averaging 46 days on market compared to 19 days last year.
The median listing price has risen 26.6% year-over-year, from $361,200 to $457,450.
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%
Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.
| 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 June 2026, there are 7 active listings in MEMPHIS, MI (zip code 48041), compared to 11 the prior year.
The median listing price in MEMPHIS, MI 48041 is $457,450 as of June 2026, a 26.6% increase from $361,200 the prior year.
Homes in MEMPHIS, MI 48041 spend an average of 46 days on the market before going under contract, compared to 19 days the prior year.
Based on current inventory and days-on-market data as of June 2026, MEMPHIS, MI 48041 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 46 days on market compared to 19 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, MI 48041 save an estimated $9,149 compared to a typical 5% commission on the median listing price of $457,450. 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.