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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for April 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 April 2026. *
Memphis is currently tilted toward sellers, with the market gauge at 23 indicating a clear seller’s market. Homes are priced around a typical value of about $264,950, slightly below Clark County’s $274,900. Inventory is low at just 14 homes available, helping keep conditions tight for buyers.
Several factors explain why sellers have the upper hand right now, even with some mixed signals. Months of supply sits at 2.3, which is well under the level that usually indicates balance, and only about 14 percent of listings have had a price drop. While the median list price has eased to roughly $255,101, down about 8.4 percent from the prior month, homes are still selling very close to asking, with an average sale-to-list ratio of 0.996 and one in three selling above list.
Conditions are also being shaped by slow-moving but scarce inventory. Homes are taking a long time to sell at a median of 175 days on market, yet new listings are limited at just 4 in the latest period and are only up about 33 percent from a low base last year. With projected inventory dipping to 12 homes and a projected typical value of $265,206, both buyers and sellers in Memphis can benefit from Agent Pronto’s help connecting with an experienced local agent to navigate this nuanced market.
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.
“Jeff, and his team, were very patient with me and all the questions I had. They communicated frequently, and explained everything very well. Jeff was great at helping me get the best price, and making sure the property was worth the money being asked, by the sellers. I would definitely recommend to family and friends.”
“Scott was very friendly and incredibly helpful when we needed it. I really appreciate having him as our realtor.”
“Rachel Patterson has helped us through several deals over the last six years and her understanding of the transaction process, problem solving and negotiating skills, and ability to get deals to the closing table smoothly have been invaluable. She has been instrumental in finding homes we are happy to live in as well as homes for growing a portfolio of real estate that helps us build towards our long term goals. The personal attention, ease of communication, and hearing/understanding/meeting our needs for each purchase are more reasons we will continue to work with Rachel for a long time. Highly recommend.”
“Laura was great, we have been looking for several years and Laura remained supportive and helpful the entire time.”
“As always Amy was quick on the ball to get buyers interested in our property. Very professional and always communicating the next step of the process. As always, happy using Amy in all of our real estate needs.”
“Brandi went above and beyond to help sell our home. She arrived early and stayed additional time in open houses to accommodate potential buyers. She was extremely knowledgeable about the comps in our area and even outperformed the incentives of new builds around us with her saleswomanship. 10/10 would recommend.”
“Working with Tyler Dohner was more than I expected from A realtor agent. My wife and I truly appreciate his honesty, his integrity, attention to detail and professionalism. Tyler Dohner Is a true asset to Century 21.”
“Robert VanHook was great to work with! He was always available to answer questions and provide feedback. Robert made the home buying process so easy. I would 💯 % recommend him for your buying or selling needs.”
“I have worked with Kim multiple times. She is knowledgeable, thorough, communicates well, and has your best interest. She makes both the home buying and selling process easier by going above and beyond. She has become a friend and I would recommend her to anyone.”
“Patty Miller has sold other properties for our family in the past. She is always kind, knowledgeable and professional. She truly cares about her clients and works diligently on their behalf. Patty is also a great communicator, and we highly recommend her!”
“Sarah was quick to understand my personal situation and the type of housing I was looking for to become my home. I appreciate the time and the knowledge she contributed to help me find the perfect place that fit my needs.”
“Rebekah is so friendly, knowledgeable and responsive. Just a pleasure to work with.”
“The whole package all wrapped up into one person. Absolutely amazing service and attention to details. We closed and moved within 30 days because she moved as quick as possible. Anytime anything was needed, she responded and jumped on it immediately. Massive thank you to Michele and the entire Century 21 group.”
“Nicole has been an incredible partner on our home building journey. She is very accountable, knowledgeable and thoughtful. We are in a much better place than we would be without her!”
“Excellent service like always.”
“Barketa was attentive, knowledgeable, and full of helpful information and suggestions throughout the process. As an out-of-state seller, I especially appreciated having someone local I could trust to guide me and look out for my best interests. Her communication and professionalism made the entire experience smooth and reassuring.”
“Zach was the best choice for us as new home buyers. He was attentive, kind, patient and professional. He took the time to learn not only about what we wanted in our home but also about us as a family. He truly made it a personalized experience. Zach was our voice of reason during this entire process. We honestly do not know what we would have done without him and his expertise. I am a person who worries about, well a lot, but I new we could count on Zach to ensure things got done and get the clarification we needed whenever we needed it. We absolutely love our home and we have him to thank for finding it and suggesting we take a look. We never expected to purchase a brand new home but he helped make that possible. Couldn't have asked for a better realtor.”
“I greatly appreciate Nick's availability in assessing the property sale. I appreciate his aggressiveness showing responses to various offers. Nick was always available and a fast responder! Nick provided quick answers for all my questions. Thank you! Kevin Dooley”
“Kristen went above and beyond in selling my home and I cannot recommend her enough. She understood the real estate market in my area intimately and made sure I made informed decisions. She was also instrumental in helping me negotiate a good deal. Highly, highly recommend you use her services.”
“This was the estate of my father. Kim was very compassinate, understanding and moved at my pace. When I was feeling overwhelmed, unsure and extermely anxious, she Kim, would come down to my level and talk me through. I would use her services again and again.”
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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