Active Listings
170
⇧ 11.8% vs 152 last year
McKeller · South Memphis · Whitehaven
Data as of February 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38109) currently shows 170 active listings, with 34 pending sales. Homes are averaging 66 days on the market before going under contract.
Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 66 days on market compared to 54 days last year.
The median listing price has fallen 7.9% year-over-year, from $119,100 to $109,725.
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: 45,204 · Density: 292.3/mi² · Median household income: $35,018
Typical home value: $75,455 · Homeownership: 55.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38109 | Memphis, TN 38109 | 0.0 mi | 164 | $19,484,348 | $110,000 | $118,807 |
| 38116 | Memphis, TN 38116 | 7.1 mi | 70 | $12,959,520 | $175,000 | $185,136 |
| 72301 | West Memphis, AR 72301 | 7.3 mi | 107 | $21,343,290 | $167,200 | $199,470 |
| 38126 | Memphis, TN 38126 | 8.2 mi | 19 | $3,676,899 | $182,500 | $193,521 |
| 38641 | Lake Cormorant, MS 38641 | 9.3 mi | 10 | $4,277,670 | $317,500 | $427,767 |
| 38114 | Memphis, TN 38114 | 9.5 mi | 105 | $15,963,990 | $120,525 | $152,038 |
| 38104 | Memphis, TN 38104 | 10.1 mi | 143 | $49,279,659 | $299,000 | $344,613 |
| 38107 | Memphis, TN 38107 | 11.3 mi | 104 | $17,337,424 | $141,250 | $166,706 |
| 38112 | Memphis, TN 38112 | 11.9 mi | 72 | $19,470,528 | $232,500 | $270,424 |
| 38651 | Nesbit, MS 38651 | 12.4 mi | 85 | $36,966,585 | $395,000 | $434,901 |
| 72364 | Marion, AR 72364 | 12.7 mi | 64 | $20,453,568 | $299,950 | $319,587 |
| 38117 | Memphis, TN 38117 | 14.1 mi | 192 | $70,074,240 | $277,500 | $364,970 |
| 38115 | Memphis, TN 38115 | 15.4 mi | 69 | $9,758,946 | $132,500 | $141,434 |
As of February 2026, there are 170 active listings in MEMPHIS, TN (zip code 38109), compared to 152 the prior year.
The median listing price in MEMPHIS, TN 38109 is $109,725 as of February 2026, a 7.9% decrease from $119,100 the prior year.
Homes in MEMPHIS, TN 38109 spend an average of 66 days on the market before going under contract, compared to 54 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MEMPHIS, TN 38109 is currently a Buyer's Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 66 days on market compared to 54 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38109 save an estimated $2,195 compared to a typical 5% commission on the median listing price of $109,725. 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.