Market Snapshot · September 22, 2026

Memphis, TN Real Estate Market Summary

In Memphis, TN, a total of 553 homes were sold over the last 30 days, averaging about 18 homes sold per day. The real estate market reflects a median sale price of $153,370 with homes typically having been on the market for about 20 days.

Sold553
Sold / Day18.43
Median$153,370
Avg. DOM19
Single Family Homes
Sold Sold / Day Median Avg. Price Avg. DOM
484 16.13 $154,300 $222,069 19
Buyer
Single-family homes averaged 16 days on the market.
Seller
Single-family homes had a median sale price of $154,300.
Condos & Townhomes
Sold Sold / Day Median Avg. Price Avg. DOM
44 1.47 $142,500 $178,927 18
Buyer
Condominiums and townhomes averaged about 18 days on the market.
Seller
Condominiums and townhomes had a median sale price of $142,500.
Overall, the Memphis real estate market has shown consistent activity across different property segments. The average days on market suggest a relatively brisk pace, providing opportunities for both buyers and sellers.
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