Active Listings
3,837
⇧ 10.3% vs 3,478 last year
Data as of February 2026. Source: Realtor.com.
The Shelby County, TN real estate market currently shows 3,837 active listings, with 863 pending sales. Homes are averaging 74 days on the market before going under contract.
Inventory has increased compared to last year, with 359 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 74 days on market compared to 68 days last year.
The median listing price has fallen 13.4% year-over-year, from $277,125 to $240,000.
Whether you are buying or selling in Shelby County, 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: 931,236 · Density: 856.0/mi² · Median household income: $67,239
Typical home value: $196,980 · Homeownership: 56.1%
Memphis: 37501, 37544, 38101, 38103, 38104, 38105, 38106, 38107, 38108, 38109, 38111, 38112
Millington: 38053, 38054, 38055, 38083
Germantown: 38138, 38139, 38183
Arlington: 38002
Brunswick: 38014
Ellendale: 38029
Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.