Downtown (Core) · Greenlaw · Hunt Village · Medical District · Pinch District · Uptown · Victorian Village
Data as of February 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38105) currently shows 16 active listings, with 5 pending sales. Homes are averaging 122 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 122 days on market compared to 49 days last year.
The median listing price has risen 14.2% year-over-year, from $189,125 to $216,000.
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: 5,215 · Density: 1,191.2/mi² · Median household income: $26,250
Typical home value: $73,581 · Homeownership: 10.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38105 | Memphis, TN 38105 | 0.0 mi | 15 | $4,303,155 | $215,000 | $286,877 |
| 38107 | Memphis, TN 38107 | 1.5 mi | 104 | $17,337,424 | $141,250 | $166,706 |
| 38104 | Memphis, TN 38104 | 2.2 mi | 143 | $49,279,659 | $299,000 | $344,613 |
| 38106 | Memphis, TN 38106 | 3.5 mi | 111 | $11,898,423 | $85,250 | $107,193 |
| 38114 | Memphis, TN 38114 | 4.7 mi | 105 | $15,963,990 | $120,525 | $152,038 |
| 38127 | Memphis, TN 38127 | 6.1 mi | 302 | $33,773,264 | $109,900 | $111,832 |
| 38117 | Memphis, TN 38117 | 7.8 mi | 192 | $70,074,240 | $277,500 | $364,970 |
| 72301 | West Memphis, AR 72301 | 8.2 mi | 107 | $21,343,290 | $167,200 | $199,470 |
| 72364 | Marion, AR 72364 | 9.5 mi | 64 | $20,453,568 | $299,950 | $319,587 |
| 38118 | Memphis, TN 38118 | 9.9 mi | 102 | $14,422,086 | $139,000 | $141,393 |
| 38120 | Memphis, TN 38120 | 10.5 mi | 96 | $68,256,192 | $487,000 | $711,002 |
| 38119 | Memphis, TN 38119 | 11.8 mi | 102 | $36,555,780 | $314,900 | $358,390 |
| 38671 | Southaven, MS 38671 | 13.1 mi | 105 | $28,806,855 | $264,900 | $274,351 |
As of February 2026, there are 16 active listings in MEMPHIS, TN (zip code 38105), compared to 20 the prior year.
The median listing price in MEMPHIS, TN 38105 is $216,000 as of February 2026, a 14.2% increase from $189,125 the prior year.
Homes in MEMPHIS, TN 38105 spend an average of 122 days on the market before going under contract, compared to 49 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MEMPHIS, TN 38105 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 122 days on market compared to 49 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38105 save an estimated $4,320 compared to a typical 5% commission on the median listing price of $216,000. 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.