Active Listings
114
⇧ 10.7% vs 103 last year
Midtown · New Chicago · North Memphis · Uptown · Voillintine-Evergreen
Data as of February 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38107) currently shows 114 active listings, with 19 pending sales. Homes are averaging 74 days on the market before going under contract.
Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.
Homes are selling faster, averaging 74 days on market compared to 97 days last year.
The median listing price has fallen 29.7% year-over-year, from $199,000 to $139,900.
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: 14,509 · Density: 1,028.1/mi² · Median household income: $34,325
Typical home value: $125,349 · Homeownership: 37.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38107 | Memphis, TN 38107 | 0.0 mi | 104 | $17,337,424 | $141,250 | $166,706 |
| 38103 | Memphis, TN 38103 | 2.1 mi | 142 | $55,324,194 | $339,000 | $389,607 |
| 38112 | Memphis, TN 38112 | 3.1 mi | 72 | $19,470,528 | $232,500 | $270,424 |
| 38108 | Memphis, TN 38108 | 3.4 mi | 66 | $6,157,338 | $85,000 | $93,293 |
| 38106 | Memphis, TN 38106 | 4.9 mi | 111 | $11,898,423 | $85,250 | $107,193 |
| 38122 | Memphis, TN 38122 | 5.8 mi | 94 | $17,636,092 | $164,960 | $187,618 |
| 38128 | Memphis, TN 38128 | 6.7 mi | 142 | $26,221,578 | $169,498 | $184,659 |
| 72301 | West Memphis, AR 72301 | 9.1 mi | 107 | $21,343,290 | $167,200 | $199,470 |
| 72364 | Marion, AR 72364 | 9.6 mi | 64 | $20,453,568 | $299,950 | $319,587 |
| 38120 | Memphis, TN 38120 | 10.2 mi | 96 | $68,256,192 | $487,000 | $711,002 |
| 38135 | Memphis, TN 38135 | 10.9 mi | 83 | $28,935,543 | $331,250 | $348,621 |
| 38119 | Memphis, TN 38119 | 11.9 mi | 102 | $36,555,780 | $314,900 | $358,390 |
| 38053 | Millington, TN 38053 | 12.2 mi | 92 | $30,959,380 | $315,945 | $336,515 |
As of February 2026, there are 114 active listings in MEMPHIS, TN (zip code 38107), compared to 103 the prior year.
The median listing price in MEMPHIS, TN 38107 is $139,900 as of February 2026, a 29.7% decrease from $199,000 the prior year.
Homes in MEMPHIS, TN 38107 spend an average of 74 days on the market before going under contract, compared to 97 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MEMPHIS, TN 38107 is currently a Balanced Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are selling faster, averaging 74 days on market compared to 97 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38107 save an estimated $2,798 compared to a typical 5% commission on the median listing price of $139,900. 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.