Active Listings
2,752
⇧ 13.1% vs 2,433 last year
Data as of February 2026. Source: Realtor.com.
The Memphis, TN real estate market currently shows 2,752 active listings, with 542 pending sales. Homes are averaging 75.1 days on the market before going under contract.
Inventory has increased compared to last year, with 319 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 75.1 days on market compared to 64.6 days last year.
The median listing price has fallen 10.2% year-over-year, from $229,769 to $206,244.
Whether you are buying or selling in Memphis, TN, 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: 680,293 · Density: 977.8/mi² · Median household income: $53,836
Typical home value: $153,397 · Homeownership: 49.5%
Memphis: 37501, 37544, 38101, 38103, 38104, 38105, 38106, 38107, 38108, 38109, 38111, 38112