RealTrends Market Report

Memphis, TN

Single-Family Homes

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Memphis, TN

Wed Feb 11 2026
This week the median list price for Memphis, TN is $170,000 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has decreased to 1,730. Click here to stay informed with the Memphis market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Memphis, TN

Wed Feb 11 2026
This week the median list price for Memphis, TN is $170,000 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has decreased to 1,730. Click here to stay informed with the Memphis market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Real-Time Market Profile

Never miss important changes in the Memphis market.
Median List Price $170,000
Median Price of New Listings $133,250
Per Square Foot $123
Average Days on Market 135
Median Days on Market 91
Price Decreased 33%
Price Increased 1%
Relisted 10%
Inventory 1,730
Median Rent
Market Action 33
Slight Seller's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$385,000 2,499 0.25 - 0.5 acre 4 2.8 64 8 30 119
$210,735 1,499 8,000 - 10,000 sqft 3 2 68 7 33 84
$135,000 1,297 6,500 - 8,000 sqft 3 1.5 69 13 38 63
$87,000 1,019 6,500 - 8,000 sqft 3 1 75 14 43 105