Active Listings
93
⇧ 34.8% vs 69 last year
Hyde Park · Jackson · North Memphis · Voillintine-Evergreen
Data as of February 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38108) currently shows 93 active listings, with 6 pending sales. Homes are averaging 38 days on the market before going under contract.
Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.
Homes are selling faster, averaging 38 days on market compared to 66 days last year.
The median listing price has risen 21.4% year-over-year, from $90,000 to $109,250.
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: 17,629 · Density: 896.1/mi² · Median household income: $29,757
Typical home value: $58,850 · Homeownership: 41.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38108 | Memphis, TN 38108 | 0.0 mi | 66 | $6,157,338 | $85,000 | $93,293 |
| 38122 | Memphis, TN 38122 | 2.7 mi | 94 | $17,636,092 | $164,960 | $187,618 |
| 38104 | Memphis, TN 38104 | 3.8 mi | 143 | $49,279,659 | $299,000 | $344,613 |
| 38105 | Memphis, TN 38105 | 4.4 mi | 15 | $4,303,155 | $215,000 | $286,877 |
| 38127 | Memphis, TN 38127 | 5.2 mi | 302 | $33,773,264 | $109,900 | $111,832 |
| 38103 | Memphis, TN 38103 | 5.4 mi | 142 | $55,324,194 | $339,000 | $389,607 |
| 38126 | Memphis, TN 38126 | 5.7 mi | 19 | $3,676,899 | $182,500 | $193,521 |
| 38106 | Memphis, TN 38106 | 6.7 mi | 111 | $11,898,423 | $85,250 | $107,193 |
| 38135 | Memphis, TN 38135 | 7.8 mi | 83 | $28,935,543 | $331,250 | $348,621 |
| 38118 | Memphis, TN 38118 | 9.8 mi | 102 | $14,422,086 | $139,000 | $141,393 |
| 38088 | Cordova, TN 38088 | 9.9 mi | 1 | $139,000 | $139,000 | $139,000 |
| 38116 | Memphis, TN 38116 | 10.3 mi | 70 | $12,959,520 | $175,000 | $185,136 |
| 38138 | Germantown, TN 38138 | 11.2 mi | 116 | $81,826,980 | $509,500 | $705,405 |
As of February 2026, there are 93 active listings in MEMPHIS, TN (zip code 38108), compared to 69 the prior year.
The median listing price in MEMPHIS, TN 38108 is $109,250 as of February 2026, a 21.4% increase from $90,000 the prior year.
Homes in MEMPHIS, TN 38108 spend an average of 38 days on the market before going under contract, compared to 66 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MEMPHIS, TN 38108 is currently a Balanced Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are selling faster, averaging 38 days on market compared to 66 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38108 save an estimated $2,185 compared to a typical 5% commission on the median listing price of $109,250. 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.