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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for May 2026. *
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Information and statistics on the latest trends in the Memphis real estate market, updated for May 2026. *
Memphis is currently tilted toward sellers, with the market gauge at 40 out of 100 and labeled a seller's market. Inventory sits at just 16 homes, and there are 4 pending sales, so buyers have limited options. Homes are also taking time to move, with a median of 224 days on market, which shapes the overall balance between buyers and sellers.
Typical home values in Memphis stand at about $254,945, down 1.38% from last year and 3.78% from last month, while Clark County overall is similar at $254,900. List prices are moving the other direction, with the median list price at $282,990, up 10.93% month over month and projected to reach about $296,934 in April 2026.
Sellers are adjusting prices, with 37.5% of listings seeing a price drop and the average sale-to-list ratio at roughly 0.99, and no recent sales closing above the list price. Conditions are still relatively tight with 4 months of supply and inventory down 11.11% from last year, even as new listings have climbed 66.67% year over year. Projected inventory is expected to edge down to 15 homes, while pending sales are already up 33.33% from a year ago, showing some renewed buyer interest. Whether buyers want to navigate limited choices or sellers hope to time their listing well, Agent Pronto can connect both with a strong local agent to guide their next move.
Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.
Memphis offers residents a friendly, tight-knit community with charming small-town character, convenient local amenities, and an inviting pace that supports an active, family-friendly lifestyle.
Memphis offers a quieter alternative to nearby Louisville and Jeffersonville, with a distinctly small‑community feel yet quick access to major job, shopping, and entertainment centers. Just off I‑65, residents can commute with ease while coming home to tree‑lined streets, larger yards, and a slower pace that nearby urban areas cannot match.
Daily life revolves around local connections. Families appreciate the nearby Borden-Henryville School Corporation and community programs at Clark County 4-H Fairgrounds, while outdoor lovers head to Deam Lake State Recreation Area for boating, hiking, and camping. For dining and errands, residents often frequent options along the I‑65 corridor or explore local spots in Charlestown and Sellersburg. Larger retail and healthcare choices in Clark County are an easy drive away.
Housing in Memphis ranges from long‑established homes on quiet roads to newer subdivisions that appeal to buyers seeking more space without leaving the Louisville metro area. As the region continues to grow, understanding local traffic patterns, school options, and future development plans from Clark County Government has become increasingly important.
Whether you are planning to buy or preparing to list your property, timing and strategy matter in this evolving market. Agent Pronto can connect both buyers and sellers with a Memphis real estate professional who understands the local community and can help you move at the right moment.
See why so many people rely on Agent Pronto to make their real estate journey a success.
“Rebekah came highly recommended from a trusted friend and she was as good as advertised. Our experience couldn't have gone any better. I'd highly recommend Rebekah to anyone looking for an agent in the Bloomington and surrounding areas.”
“Amy was very supportive, communicative, and thoroughly detailed the home-selling process for us as first-timers. Amy is wonderfully organized and dedicated to be with us through the whole process. Amy is efficient and made the process stress free. I felt very comfortable with Amy and confident her years of experience would be exactly what was needed to make this as seamless as possible. I recommend Amy at Century 21 for all your real estate needs.”
“Laura was very communicative, knowledgeable, and enthusiastic throughout the whole process.”
“Tracy was very courteous, knowledgeable and helpful. Highly recommend recommended.”
“Amy had sold a previous home for me so when we began the early stages of just thinking about selling our current home Amy was our go-to. Amy guided us through the steps of getting our home ready to show, when to list and at what price point. Amy put in motion all the behind the scene things that make for a successful sale. Amy walked us through all the offers and negotiations making sure we understood and were comfortable in our decisions. Amy was right there with us from the beginning, when the for sale sign when into the yard. To the end, when the "Sold" sign when on top. I cannot say enough great things about Amy, from her quick responses to her knowledge in the real estate field, she is the best agent!”
“Sarah made the entire process feel easy and seamless. She's smart, a great negotiator, responsive, and completely on top of every detail! I always felt completely supported and in the best hands. Couldn’t recommend more!”
“James was totally amazing. He was great to work with. He was respectful of the owners homes that we visited. He understood our needs and desires. We looked at many homes and he was always patient and thuroughly explained things. He worked with our daughter and son in law after we returned to Texas to continue the search. He stayed with them and us throughout the search. When we found the right house he provided insight in to how to craft the offer and used his market knowledge to help us determine the price to offer. That offer was accepted. He worked with us to arrange the various inspections. Those inspections were thurough and gave us confidence that the home was of good quality and in good shape. That was major as we were back home and had not seen the house. Jim maintained contact with us thru all the steps to get to closing. In conclusion, Jim is great at his job. He is personable, respectful, knowledgeable, easy to work with, communicates well, and get the job done.”
“Debra Is absolutely. wonderful. I could compliment and praise her for days. She is professional knowledgeable Kind and courteous. I have worked with her for a couple of years Looking for my home.She has shown me homes near and far I highly recommend her to anyone who needs a real estate agent.”
“We met Jeff at an Open House. He started helping us since then. He referred us to a mortgage broker and it really paid off. Jeff was really patient showing us numerous houses and options. He was also very knowledgeable of the area. My family appreciated working with him. I would recommend him to family and friends. He was great to work with.”
“She was extremely helpful and understanding on everything that came up at any point in time. She was easy to work with. I would recommend her to help out anyone that I do know is looking for a house.”
“With being a first time home buyer Michele really went above and beyond my expectations. She explained/ broke down, the process in a way that was understandable. Always worked with my schedule when viewing, I truly do recommend Michele!”
“Robert is always the best. We can count on him for the best advice. He is always there when we need him. Honest and straightforward, Availble when we need him.”
“My family experienced a major life event that required speed, precision, and great professionalism. I needed to relocate to Indiana for work as quickly as feasible. We were losing cash with every passing day, and we did not have a home of our own as our plans to build were ruined. Our experience with agents over a period of 2 years was largely bad. My experience purchasing our prior house with an agent was fantastic, but no agents we had worked with so far in finding a new home lived up to the standard of expectation that agent set for me. I told my spouse "working with an agent isn't supposed to be this hard." After another bad experience, we terminated work with another subpar agent, and Nicole was given to us through the relocation program, and she has set the new standard for the professionalism and skill an agent should display. She is strategical, tactful, knowledgeable, detail-oriented, and just overall a highly skilled expert in every way. She is the best.”
“I met Kim when I purchased a lake property 10 years ago. She is such a great Relator, I called on her to list my lake home when I sold it recently. Kim is an exceptional person, and she treats her clients like close friends. She is available 24/7 to answer questions and keeps clients updated on progress. Kim will work very, very diligently to make certain everything is in order for closing. I highly recommend Kimberly Miller.”
“Working with Zach was a great experience from start to finish. He was always quick to respond, kept me updated throughout the entire process, and handled everything with a high level of professionalism. I was always receiving straight forward advice and honesty, which made a big difference as a first time homebuyer. I’d definitely recommend Zach to anyone looking for someone reliable and easy to work with.”
“Dennis and team were great to work with and work with him again if the need presented its self.”
“Appreciate Dan's help throughout the whole process. He was very helpful and went out of his way to help get me the deal done”
“Working with Rachel was the best! She was communicative, friendly, focused, and advocated for us fiercely! We love her!”
“We had a great experience with Colleen, very knowledgeable and available at all times we needed. Will use her again with any future real estate dealings.”
“Nick Walters is very attentive with spot on suggestions for selling the home. The summary updates emailed weekly were very helpful and appreciated. The advantage I had with having Nick as my agent was his familiarity with the neighborhood by highlighting the amenities and great neighbors within the neighborhood.”
There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Memphis. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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