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Memphis, TN real estate

Compare top Memphis real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 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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Memphis real estate Market Report.

Information and statistics on the latest trends in the Memphis real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$210K
+12% from Q1 '26
Median list price
$198K
+10% from Q1 '26
Active listings
4,643
+10% from Q1 '26
Homes sold
1,398
+28% from Q1 '26
New pendings
1,718
+18% from Q1 '26
New listings
2,604
+13% from Q1 '26

Quarterly Pricing Trends for Memphis

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Memphis Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $175K Median sale price in Jul 2021 - Sep 2021: $175K Median sale price in Oct 2021 - Dec 2021: $180K Median sale price in Jan 2022 - Mar 2022: $180K Median sale price in Apr 2022 - Jun 2022: $192K Median sale price in Jul 2022 - Sep 2022: $185K Median sale price in Oct 2022 - Dec 2022: $163K Median sale price in Jan 2023 - Mar 2023: $176K Median sale price in Apr 2023 - Jun 2023: $196K Median sale price in Jul 2023 - Sep 2023: $180K Median sale price in Oct 2023 - Dec 2023: $167K Median sale price in Jan 2024 - Mar 2024: $170K Median sale price in Apr 2024 - Jun 2024: $181K Median sale price in Jul 2024 - Sep 2024: $180K Median sale price in Oct 2024 - Dec 2024: $172K Median sale price in Jan 2025 - Mar 2025: $182K Median sale price in Apr 2025 - Jun 2025: $199K Median sale price in Jul 2025 - Sep 2025: $185K Median sale price in Oct 2025 - Dec 2025: $196K Median sale price in Jan 2026 - Mar 2026: $188K Median list price in Apr 2021 - Jun 2021: $169K Median list price in Jul 2021 - Sep 2021: $169K Median list price in Oct 2021 - Dec 2021: $165K Median list price in Jan 2022 - Mar 2022: $173K Median list price in Apr 2022 - Jun 2022: $195K Median list price in Jul 2022 - Sep 2022: $185K Median list price in Oct 2022 - Dec 2022: $175K Median list price in Jan 2023 - Mar 2023: $180K Median list price in Apr 2023 - Jun 2023: $197K Median list price in Jul 2023 - Sep 2023: $175K Median list price in Oct 2023 - Dec 2023: $185K Median list price in Jan 2024 - Mar 2024: $185K Median list price in Apr 2024 - Jun 2024: $200K Median list price in Jul 2024 - Sep 2024: $188K Median list price in Oct 2024 - Dec 2024: $175K Median list price in Jan 2025 - Mar 2025: $195K Median list price in Apr 2025 - Jun 2025: $199K Median list price in Jul 2025 - Sep 2025: $190K Median list price in Oct 2025 - Dec 2025: $175K Median list price in Jan 2026 - Mar 2026: $180K Apr 2021 - Jun 2021 Median sale price $175K Median list price $169K Jul 2021 - Sep 2021 Median sale price $175K Median list price $169K Oct 2021 - Dec 2021 Median sale price $180K Median list price $165K Jan 2022 - Mar 2022 Median sale price $180K Median list price $173K Apr 2022 - Jun 2022 Median sale price $192K Median list price $195K Jul 2022 - Sep 2022 Median sale price $185K Median list price $185K Oct 2022 - Dec 2022 Median sale price $163K Median list price $175K Jan 2023 - Mar 2023 Median sale price $176K Median list price $180K Apr 2023 - Jun 2023 Median sale price $196K Median list price $197K Jul 2023 - Sep 2023 Median sale price $180K Median list price $175K Oct 2023 - Dec 2023 Median sale price $167K Median list price $185K Jan 2024 - Mar 2024 Median sale price $170K Median list price $185K Apr 2024 - Jun 2024 Median sale price $181K Median list price $200K Jul 2024 - Sep 2024 Median sale price $180K Median list price $188K Oct 2024 - Dec 2024 Median sale price $172K Median list price $175K Jan 2025 - Mar 2025 Median sale price $182K Median list price $195K Apr 2025 - Jun 2025 Median sale price $199K Median list price $199K Jul 2025 - Sep 2025 Median sale price $185K Median list price $190K Oct 2025 - Dec 2025 Median sale price $196K Median list price $175K Jan 2026 - Mar 2026 Median sale price $188K Median list price $180K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
27
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Memphis is seeing more homes come to market in this rolling three-month view, with active listings up compared to last year and months of supply rising to 5.9. New listings have grown year over year, while homes sold and pending sales are slightly lower than a year ago. This mix points to buyers having more choices even as overall activity is a bit softer than in past springs.

Home values have continued to trend upward, with the typical home value up about 9 percent from a year earlier. At the same time, the median list price is slightly below its level from a year ago, suggesting sellers are pricing more cautiously to meet buyers where they are. The average sale-to-list ratio is holding just under 96 percent and the share of homes selling above list, at about 11 percent, is well below the peaks of recent years.

Homes are staying on the market longer than they did a year ago, with a median of 46 days and a much higher months-of-supply figure than in 2023. Fewer properties are flying off the market at lightning speed, even though roughly 30 percent still go off-market within two weeks. With Memphis registering as a seller’s market but showing more balance than in the past, both buyers and sellers can benefit from Agent Pronto’s help in finding a local agent who understands these shifting conditions.



Learn more about what Memphis has to offer.

Memphis offers residents a vibrant mix of live music, rich culture, welcoming neighborhoods, plentiful green spaces, and a thriving food scene, all anchored by a strong community spirit and ongoing opportunities.

Memphis stands apart from nearby options like Germantown and Collierville with its deep musical roots, Mississippi Riverfront setting, and strong sense of neighborhood pride. From the historic energy of Beale Street to the cultural collections at the Brooks Museum of Art, the city blends rich history with a growing food and arts scene that appeals to long‑time residents and newcomers alike.

Residential pockets feel distinct yet connected. Midtown’s tree‑lined streets near Overton Park offer walkable access to cafes and galleries, while East Memphis features established subdivisions with convenient shopping and top schools such as White Station High School. In Downtown, lofts and condos place you near the River Garden and major employers, making daily life both practical and engaging.

Local flavor shows up in neighborhood favorites from Central BBQ to community events around Tom Lee Park. Whether you are upsizing in Cordova or relocating from Shelby County, understanding how schools, commute patterns, and home styles vary across the city is crucial.

With prices and inventory shifting quickly, timing and preparation matter. The right local agent can help you position a listing effectively or move fast on a new home. Agent Pronto connects both buyers and sellers in Memphis with an agent who understands the market and is ready to act when you are.

Find your Memphis real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Jeremiah, It was a joy and pleasure working with you. You made it fun light and easy. We have worked with realtors before and we really enjoyed you. You were not just professional, but personal, and I think that's what we loved the most about you is how personal you were and how involved you got. You listened and cared about every detail, our every need and want and brought that into a personal experience. Thank you so much for your time, your kindness, your loyalty, the laughs, helping us try to get a daughter-in-law, LOL, but most of all your personality, which Danny and I loved and enjoyed!! You are not just our realtor, but our friend and we thank you... Praying Gods blessings over you!”

Danny & Kathy Thanasilangkul · Greeneville, TN

Photo of Jeremiah Frank
Epique Realty
“This is the third time that I have worked with Mike in either buying or selling a home. I appreciate his honesty, his attention to detail, and I knew I could be confident in choosing him as my realtor.”

Rita Colley · Johnson City, TN

Photo of Creation Properties
Century 21 Legacy
“Brad not only found us a great house but set us up with insurance and a great fence company. Also continued to reach out to see if we needed anything. Brad was awesome helping us over the last month especially coming from a different state”

Randy Moore · McMinnville, TN

Photo of Brad Fowler
Century 21 Wright Realty
“Great experience with Brooke. This is the fourth time she's been involved with a purchase and selling of a home.”

Nick Rowe · Bristol, TN

Photo of Brooke Shelton
Century 21 Legacy
“She kept me informed the whole way it went under contract within the first two weeks. We have some more property and after this year, we are going to list it. with her again, I will tell all my friends about her.”

Florence Armour · Gatlinburg, TN

Photo of Katelyn Warren
Castle & Associates Real Estate
“Khristian was extremely helpful in buying my home. I truly felt at home and at ease working with him. He made sure I was aware of everything going on, and took me to every home I wanted to see.”

Dalton Pharris · Mount Juliet, TN

Photo of First Class Real Estate
Keller Williams First Class Real Estate
“Jessica is an amazing Realtor. She truly cares about the people she works with and goes above and beyond to make her clients transition a smooth one. We just loved working with her and will definitely work with her again. She is great for vacation homes too both in the Smokies and Panama City Beach FL. Her knowledge of short term rentals helped us tremendously.”

Burke · Cosby, TN

Photo of Jessica Weston
Realty One Group Emerald Coast
“I strongly recommend Shawn Wright to my friends and other because he is outstanding and very knowledgeable. Also he is my agent to sale a mother home”

Qussay Al Janabi · Smyrna, TN

Photo of Shawn Wright
Century 21 Wright Realty
“Mr. Black made it so for us.”

David Bailey · Palmyra, TN

Photo of Christian Black Team
Century 21 Platinum Properties
“Good service nice response time very polite overall very satisfied stay dangerous Betty lol”

Dion Price · Whiteville, TN

Photo of Betty McGaughey
eXp Realty
“She helped us buy our house, then sell it a few years later. Couldn't recommend more! So communicative, answered all my questions at a timely, proffessional manner. I was probably not the easiest client at times because stress, but she was so calm and reassuring through the whole process! Seriously so grateful for how smoothly this sale went, all with the help of Marie!”

Kristen Curtis · Clarksville, TN

Photo of Marie LaVoise
CENTURY 21 Platinum Properties
“Rolanda was absolutely wonderful to work with during the selling process. She was professional, knowledgeable, resourceful, and patient. She ensured that I was represented well and every step of the way. I highly recommend Rolanda to friends, family, or associates.”

Laurie Rowe Walker · Chattanooga, TN

Photo of Rolanda Pullen Daniel
Coldwell Banker Pryor Realty
“Great results pleasure working with her woild recommend her with anyone selling or buying a property”

Clint · Mosheim, TN

Photo of Tracey  Bright
RE/MAX Real Estate Ten Midtown
“Rasa Baldino proved to be an excellent realtor and was wonderful to work with. She offered valuable recommendations regarding the decor and appearance of our cabin. We implemented those recommendations which helped attract potential buyers and the cabin sold quickly thereafter. We have recommended Rasa to others and will definitely use her again should the opportunity arise.”

Curt 26 Shannon · Pigeon Forge, TN

Photo of Ralph & Rasa Baldino
Century 21 MVP
“Ms. Kimberly Townsend is an awesome realtor! She assisted us in finding our forever home with all our wants. She went over and beyond to make sure all of our needs were met. We truly appreciate her due diligence to property details that buyers would not have notice. She is very knowledgeable and professional. She explained every step of the home buying process in depth. She made this experience enjoyable! Excellent Job, Ms. Townsend.”

Brenda M. · Olive Branch, MS

Photo of Kim Townsend
Century 21 Patterson & Associates
“Went above and beyond expectations to help find a home suitable for my needs. My overall experience was fantastic and was kept informed every step of the way. Very knowledgeable and detail oriented.”

Tyler · Kingsport, TN

Photo of David Edwards JR
CENTURY 21 Legacy
“Misty was an amazing agents with strong knowledge in not only properties but with menuevering around the needs of the VA. She was willing to travel to any house I found in TN, some of which being hours away. I've already recommended her to a few people but if you're reading this I would look into her also.”

Steven · Pinson, TN

Photo of Misty Kinney
Century 21 Platinum Properties
“Miss Candy was very helpful with the sale of the property she knew what she was doing and how to handle all things that needed to be handled. I would recommend her to anyone that needed help with the sell of their property and I will use her again if I need help with selling any property, Thank you so much Miss Candy for helping in the sale of the property.”

Gail Mullican · Smithville, TN

Photo of Candy Vaughn
Keller Williams Realty
“Parker Cole is an excellent realtor. He's extremely patient, trust worthy, knowledgeable about the area and more. He found us exactly what we were looking for and we had a huge list of must haves. He was always available and answered all of our questions. He goes above and beyond to make you feel comfortable and he makes sure everything is the way it's supposed to be. He helps in every step of the process. He makes sure that you know he can still help you even after the sale. Really appreciate how stress free he made this whole process for us. Thank you Parker Cole. You are amazing.”

Mr. and Mrs. Piekosz · Cunningham, TN

Photo of Parker Cole
Century 21 Platinum Properties
“Matthew demonstrated excellent realtor service. From communicating, providing assistance and more, this is tge type of serivice you would look for an a realtor!”

TK · Nashville, TN

Photo of Nashville Advantage
EXP Realty

Frequently Asked Questions

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.