Active Listings
78
⇩ 4.9% vs 82 last year
East Memphis · Jackson · Midtown · Morningside Park · University District · Voillintine-Evergreen
Data as of February 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38112) currently shows 78 active listings, with 15 pending sales. Homes are averaging 70 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 selling faster, averaging 70 days on market compared to 78 days last year.
The median listing price has risen 11.5% year-over-year, from $217,500 to $242,475.
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: 16,334 · Density: 1,312.3/mi² · Median household income: $49,560
Typical home value: $184,860 · Homeownership: 51.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38112 | Memphis, TN 38112 | 0.0 mi | 72 | $19,470,528 | $232,500 | $270,424 |
| 38108 | Memphis, TN 38108 | 2.1 mi | 66 | $6,157,338 | $85,000 | $93,293 |
| 38122 | Memphis, TN 38122 | 3.1 mi | 94 | $17,636,092 | $164,960 | $187,618 |
| 38105 | Memphis, TN 38105 | 3.3 mi | 15 | $4,303,155 | $215,000 | $286,877 |
| 38126 | Memphis, TN 38126 | 4.1 mi | 19 | $3,676,899 | $182,500 | $193,521 |
| 38117 | Memphis, TN 38117 | 4.6 mi | 192 | $70,074,240 | $277,500 | $364,970 |
| 38128 | Memphis, TN 38128 | 6.1 mi | 142 | $26,221,578 | $169,498 | $184,659 |
| 38134 | Memphis, TN 38134 | 6.9 mi | 89 | $21,499,374 | $240,000 | $241,566 |
| 38118 | Memphis, TN 38118 | 8.1 mi | 102 | $14,422,086 | $139,000 | $141,393 |
| 38119 | Memphis, TN 38119 | 8.8 mi | 102 | $36,555,780 | $314,900 | $358,390 |
| 38135 | Memphis, TN 38135 | 9.5 mi | 83 | $28,935,543 | $331,250 | $348,621 |
| 38138 | Germantown, TN 38138 | 10.9 mi | 116 | $81,826,980 | $509,500 | $705,405 |
| 38141 | Memphis, TN 38141 | 11.4 mi | 52 | $9,722,388 | $184,500 | $186,969 |
As of February 2026, there are 78 active listings in MEMPHIS, TN (zip code 38112), compared to 82 the prior year.
The median listing price in MEMPHIS, TN 38112 is $242,475 as of February 2026, a 11.5% increase from $217,500 the prior year.
Homes in MEMPHIS, TN 38112 spend an average of 70 days on the market before going under contract, compared to 78 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MEMPHIS, TN 38112 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 70 days on market compared to 78 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38112 save an estimated $4,850 compared to a typical 5% commission on the median listing price of $242,475. 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.