Memphis housing market,
at a glance.

448 active homes·$156,940 median asking·241 median days listed

Updated September 18, 2026. Active asking prices only, not sold prices, and not an appraisal.

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Memphis market snapshot

As of September 18, 2026

448

Active homes

$156,940

Median asking price

$5,500–$2,495,000

$123/sq ft

Median price per sq ft

1,328 sq ft typical

241 days

Median days listed

typically built 1954

What stands out today

81%
listed over 90 days
361 of 448 active homes.
86%
single family inventory
386 of 448 listings with a stated type.
295 days
median for 5+ bed listings
The longest wait of any bedroom band here.

Explore Memphis by ZIP

Bubble size is the number of homes for sale. Pick one on the map or scroll the cards.

ZIP markets

22 in Memphis · scroll to compare

38122Memphis

$167,580

Median asking price

For sale: 54
$/sq ft: $134
Days listed: 241

7% above the Memphis median

38108Memphis

$146,300

Median asking price

For sale: 45
$/sq ft: $139
Days listed: 241

7% below the Memphis median

38127Memphis

$96,995

Median asking price

For sale: 33
$/sq ft: $85
Days listed: 225

38% below the Memphis median

38111Memphis

$159,400

Median asking price

For sale: 32
$/sq ft: $130
Days listed: 232

2% above the Memphis median

38103Memphis

$299,450

Median asking price

For sale: 28
$/sq ft: $192
Days listed: 274

91% above the Memphis median

38106Memphis

$95,000

Median asking price

For sale: 26
$/sq ft: $77
Days listed: 222

39% below the Memphis median

38109Memphis

$89,900

Median asking price

For sale: 25
$/sq ft: $87
Days listed: 246

43% below the Memphis median

38117Memphis

$349,500

Median asking price

For sale: 24
$/sq ft: $167
Days listed: 216

123% above the Memphis median

38018Memphis

$429,900

Median asking price

For sale: 21
$/sq ft: $180
Days listed: 245

174% above the Memphis median

38118Memphis

$135,000

Median asking price

For sale: 21
$/sq ft: $105
Days listed: 242

14% below the Memphis median

38128Memphis

$140,980

Median asking price

For sale: 19
$/sq ft: $109
Days listed: 245

10% below the Memphis median

38107Memphis

$109,900

Median asking price

For sale: 19
$/sq ft: $91
Days listed: 346

30% below the Memphis median

38104Memphis

$250,000

Median asking price

For sale: 19
$/sq ft: $143
Days listed: 277

59% above the Memphis median

38112Memphis

$159,000

Median asking price

For sale: 17
$/sq ft: $141
Days listed: 244

1% above the Memphis median

38016Memphis

$307,450

Median asking price

For sale: 16
$/sq ft: $139
Days listed: 10

96% above the Memphis median

38114Memphis

$107,450

Median asking price

For sale: 14
$/sq ft: $108
Days listed: 226

32% below the Memphis median

38116Memphis

$202,000

Median asking price

For sale: 12
$/sq ft: $102
Days listed: 240

29% above the Memphis median

38139Memphis

$614,000

Median asking price

For sale: 11
$/sq ft: $172
Days listed: 210

291% above the Memphis median

38120Memphis

$446,000

Median asking price

For sale: 11
$/sq ft: $166
Days listed: 203

184% above the Memphis median

38134Memphis

$253,950

Median asking price

For sale: 10
$/sq ft: $136
Days listed: 210

62% above the Memphis median

38115Memphis

$108,000

Median asking price

For sale: 9
$/sq ft: $70
Days listed: 288

31% below the Memphis median

38119Memphis

$302,000

Median asking price

For sale: 8
$/sq ft: $114
Days listed: 260

92% above the Memphis median

By bedroom count

5+ bed listings wait longest: a median of 295 days, against 241 for 2 bed.

Houses, condos and townhouses, 447 of 448 active homes. Whole buildings and land have no bedroom count; they are in Property mix.

Bedrooms	For sale	Median asking	Days listed
1 bed	12	$130,155	285 days
2 bed	113	$134,330	241 days
3 bed	205	$150,290	241 days
4 bed	89	$200,000	245 days
5+ bed	28	$241,485	295 days

Inventory age

81% of active homes have been listed more than 90 days. This reflects today's active inventory, not a trend over time.

19%

81%

Under 60 days: 19%; 87 homes
60–90 days: 0%; 0 homes
Over 90 days: 81%; 361 homes

Property mix

Single Family homes are 86% of what is for sale.

Listings by property typeranked by count · median asking price under each label

Listings by property type — ranked by count · median asking price under each label
Single Family$155,305		38686%
Condo$185,000		419%
Townhouse$150,000		215%

Compare nearby markets

Ordered by active listings, not by any view of where to buy.

$470,000 median ask · 6,439 homes · 42 days

$364,900 median ask · 5,104 homes · 64 days

San AntonioBexar

$295,525 median ask · 4,523 homes · 49 days

$319,900 median ask · 4,417 homes · 70 days

MiamiMiami-Dade

$620,000 median ask · 4,090 homes · 92 days

Los AngelesLos Angeles

$1,100,000 median ask · 3,063 homes · 35 days

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Active asking prices only, not sold prices, and not an appraisal.About this data

Active asking prices only — not sold prices, and not an appraisal.
Coverage is the areas EuKreate tracks, so this is not the whole market.
Whether a home is under contract is not in the data we receive, so no pending count is shown.
No trend yet: we began measuring this area on 2026-09-18, and a change needs two measurements.
EuKreate began tracking Memphis on September 18, 2026. Movement appears once there are enough daily readings to compare.

How this is put together