Memphis, TN Real Estate

Discover 126 homes for sale in Memphis, TN with an average price of 182,356 dollars. Browse current listings, view market trends, and explore neighborhood insights.

Memphis Market Overview

126
Homes for Sale
$196,483.38
Average Home Price
$108
Price per Sq Ft
93
Avg Days on Market

Price Distribution

7
Under $97K
29% of homes
3
$97K - $100K
13% of homes
2
$100K - $100K
8% of homes
16
Over $100K
67% of homes

Memphis Market Insights

Key market indicators and trends

Price Analysis

Market has luxury properties driving up average prices

Avg: $182,356 | Median: $99,900

Market Speed

Properties tend to stay longer on the market

99 days average

Pricing

Competitive pricing per square foot for the area

$105 per sq ft

Market Activity

Steady market activity with regular new listings

20% new in 30 days

Inventory

Good selection of properties available

126 active listings

Property Types in Memphis

Land

2

Avg: $71,325.00

Residential

21

Avg: $205,621.48

Residential Income

1

Avg: $254,900.00

Memphis Neighborhood Highlights

POND

Available Homes: 1
Avg Price: $7,650.00
Price Range: $7,650.00 - $7,650.00
View POND Homes

BRIERWOOD BLK A

Available Homes: 1
Avg Price: $429,000.00
Price Range: $429,000.00 - $429,000.00
View BRIERWOOD BLK A Homes

WELLFORD PLACE

Available Homes: 1
Avg Price: $449,900.00
Price Range: $449,900.00 - $449,900.00
View WELLFORD PLACE Homes

EAST END PLACE

Available Homes: 1
Avg Price: $117,900.00
Price Range: $117,900.00 - $117,900.00
View EAST END PLACE Homes

WASHINGTON HEIGHTS BLK 4

Available Homes: 1
Avg Price: $185,000.00
Price Range: $185,000.00 - $185,000.00
View WASHINGTON HEIGHTS BLK 4 Homes

Richardson

Available Homes: 1
Avg Price: $135,000.00
Price Range: $135,000.00 - $135,000.00
View Richardson Homes

Schools in Memphis

K-5

Elementary Schools

Alcy Elementary

Dexter Elementary

Peabody Elementary

William Herbert Brewster Elementary School

Levi Elementary

+8 more schools

6-8

Middle Schools

Hamilton Middle School

Dexter Middle

Millington Central Middle High School

Chickasaw Middle

Snowden Elementary/Middle

+6 more schools

9-12

High Schools

Hamilton High

Bolton High

Central High

Westwood High

Ridgeway High

+5 more schools

School District Analysis

School Coverage

Elementary Schools: 13
Coverage Rate: 12%
Full K-12 Coverage: 15 homes

Elementary Schools

Bon Lin Elementary School

1 properties

$489,995.00

Snowden Elementary/Middle

1 properties

$399,000.00

Balmoral/Ridgeway Elementary

2 properties

$349,497.50

Neighborhood Spotlight

Premium Area

$2,150,000.00

Highest avg price

Largest Homes

4,600 sqft

Average size

Best Value

$1,350.00

Most affordable

Neighborhood Diversity

110

distinct neighborhoods available

What Makes Memphis Special

First-Time Buyer Friendly

Excellent opportunities for first-time homebuyers and investors.

Diverse Housing

Wide variety of property types from condos to luxury estates.

School Information Available

School district information available for properties in the area.

Recently Sold in Memphis

Exterior view of 435 S FRONT ST in Memphis, TN
SOLD
May 22, 2026

$375,000.00

Listed: $385,000.00

bed 1 bath 1,552 sqft

435 S FRONT ST, Memphis, TN

Sold after 171 days on market
Exterior view of 3162 TIPPAH CV in Memphis, TN
SOLD
May 22, 2026

$629,900.00

bed 1 bath 3,883 sqft

3162 TIPPAH CV, Memphis, TN

Sold after 79 days on market
Exterior view of 1867 JEFFERSON AVE in Memphis, TN
SOLD
May 22, 2026

$189,000.00

Listed: $199,900.00

bed 1 bath 1,275 sqft

1867 JEFFERSON AVE, Memphis, TN

Sold after 39 days on market
Exterior view of 1315 S WHITE STATION RD in Memphis, TN
SOLD
May 22, 2026

$1,545.00

bed 1 bath 1,371 sqft

1315 S WHITE STATION RD, Memphis, TN

Sold after 15 days on market
Exterior view of 1500 EASTMORELAND AVE in Memphis, TN
SOLD
May 22, 2026

$382,000.00

Listed: $389,000.00

bed 1 bath 2,067 sqft

1500 EASTMORELAND AVE, Memphis, TN

Sold after 8 days on market
Exterior view of 756 METCALF ST in Memphis, TN
SOLD
May 22, 2026

$270,000.00

Listed: $250,000.00

bed 1 bath 1,382 sqft

756 METCALF ST, Memphis, TN

Sold after 7 days on market

Memphis Market Trends

126
Current Inventory
Active listings
$182,356.46
Avg List Price
Current market
$274,680.71
Avg Sold Price
Last 30 days
-33.6%
Price Change
Month over month

Market Value Analysis

Price Segments

Luxury Homes: 34 properties
Above $273,534.69
Value Properties: 74 properties
Price Range Spread
$2,148,650.00

Price per Sq Ft by Type

Residential: $130/sqft
Residential Income: $87/sqft
Residential Lease: $1/sqft

Property Age & Construction

New Construction

3

Built after 2020

Modern Homes

7

Built 2000-2020

Established Homes

8

Built 1980-2000

Historic Character

79

Built before 1980

Average Home Age

69 years

Range: 1884 - 2026

Lifestyle & Amenities

Garage Parking

25

Avg: 1.9 spaces

Fireplaces

35

Avg: 1.2 per home

Home Sizes & Layout

Size Distribution

Spacious (3000+ sqft): 9 homes
Large (2500-3000 sqft): 5 homes
Medium (1500-2500 sqft): 23 homes
Cozy (800-1500 sqft): 52 homes

Layout Types

Single Story: 60 homes
Multi Story: 30 homes

Average Size

1,738 sqft

Market Timing Analysis

Quick Sales

24

Under 30 days

Moderate Pace

61

30-90 days

Longer Sales

41

Over 90 days

Recent Price Changes

Track the latest price movements in Memphis real estate market. See which homes have had price adjustments in the last 30 days.

Price Reductions

50

Avg: -$5,920

Total Activity

50

Last 30 days

Recent Price Reductions

MLS# 3181532

May 26, 2026

$3,350

$3,250

-$100

MLS# 3189546

May 26, 2026

$3,090

$2,990

-$100

MLS# 3138532

May 26, 2026

$1,099

$999

-$100

Market Activity Insights

Price Increase Rate

0%

Price Reduction Rate

100%

Market Stability

Active

Memphis Homes for Sale

Realtracs IDX Logo

MLS Information Disclaimer

Properties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (Big Bear Realty).

IDX information © 2018 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or Big Bear Realty. IDX information is provided exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: 2026-05-26T19:37:24+00:00