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Real estate in Memphis’ Balmoral neighborhood.

Compare top Balmoral real estate agents.

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

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

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$275K
+4.9% from Q2 '26
Median list price
$287K
+17% from Q2 '26
Active listings
16
-5.9% from Q2 '26
Homes sold
7
+17% from Q2 '26
New pendings
12
+50% from Q2 '26
New listings
11
+10% from Q2 '26

Quarterly Pricing Trends for Balmoral

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

Quarterly Pricing Trends for Balmoral Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $270K Median sale price in Jan 2022 - Mar 2022: $238K Median sale price in Apr 2022 - Jun 2022: $300K Median sale price in Jul 2022 - Sep 2022: $267K Median sale price in Oct 2022 - Dec 2022: $265K Median sale price in Jan 2023 - Mar 2023: $275K Median sale price in Apr 2023 - Jun 2023: $284K Median sale price in Jul 2023 - Sep 2023: $265K Median sale price in Oct 2023 - Dec 2023: $232K Median sale price in Jan 2024 - Mar 2024: $253K Median sale price in Apr 2024 - Jun 2024: $245K Median sale price in Jul 2024 - Sep 2024: $269K Median sale price in Oct 2024 - Dec 2024: $289K Median sale price in Jan 2025 - Mar 2025: $273K Median sale price in Apr 2025 - Jun 2025: $265K Median sale price in Jul 2025 - Sep 2025: $270K Median sale price in Oct 2025 - Dec 2025: $280K Median sale price in Jan 2026 - Mar 2026: $260K Median sale price in Apr 2026 - Jun 2026: $262K Median sale price in Jul 2026 - Sep 2026: $275K Median list price in Oct 2021 - Dec 2021: $265K Median list price in Jan 2022 - Mar 2022: $265K Median list price in Apr 2022 - Jun 2022: $300K Median list price in Jul 2022 - Sep 2022: $258K Median list price in Oct 2022 - Dec 2022: $260K Median list price in Jan 2023 - Mar 2023: $270K Median list price in Apr 2023 - Jun 2023: $278K Median list price in Jul 2023 - Sep 2023: $258K Median list price in Oct 2023 - Dec 2023: $245K Median list price in Jan 2024 - Mar 2024: $252K Median list price in Apr 2024 - Jun 2024: $272K Median list price in Jul 2024 - Sep 2024: $270K Median list price in Oct 2024 - Dec 2024: $276K Median list price in Jan 2025 - Mar 2025: $265K Median list price in Apr 2025 - Jun 2025: $285K Median list price in Jul 2025 - Sep 2025: $295K Median list price in Oct 2025 - Dec 2025: $259K Median list price in Jan 2026 - Mar 2026: $270K Median list price in Apr 2026 - Jun 2026: $245K Median list price in Jul 2026 - Sep 2026: $287K Oct 2021 - Dec 2021 Median sale price $270K Median list price $265K Jan 2022 - Mar 2022 Median sale price $238K Median list price $265K Apr 2022 - Jun 2022 Median sale price $300K Median list price $300K Jul 2022 - Sep 2022 Median sale price $267K Median list price $258K Oct 2022 - Dec 2022 Median sale price $265K Median list price $260K Jan 2023 - Mar 2023 Median sale price $275K Median list price $270K Apr 2023 - Jun 2023 Median sale price $284K Median list price $278K Jul 2023 - Sep 2023 Median sale price $265K Median list price $258K Oct 2023 - Dec 2023 Median sale price $232K Median list price $245K Jan 2024 - Mar 2024 Median sale price $253K Median list price $252K Apr 2024 - Jun 2024 Median sale price $245K Median list price $272K Jul 2024 - Sep 2024 Median sale price $269K Median list price $270K Oct 2024 - Dec 2024 Median sale price $289K Median list price $276K Jan 2025 - Mar 2025 Median sale price $273K Median list price $265K Apr 2025 - Jun 2025 Median sale price $265K Median list price $285K Jul 2025 - Sep 2025 Median sale price $270K Median list price $295K Oct 2025 - Dec 2025 Median sale price $280K Median list price $259K Jan 2026 - Mar 2026 Median sale price $260K Median list price $270K Apr 2026 - Jun 2026 Median sale price $262K Median list price $245K Jul 2026 - Sep 2026 Median sale price $275K Median list price $287K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
13
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 (Jul 2026 - Sep 2026).

Year over year in Balmoral, home values have edged up while activity has eased. The typical home value in this rolling three-month view is about 1.8 percent higher than a year ago, yet homes sold and new listings are each down more than 20 percent from last year, signaling fewer deals taking place.

Looking more closely at the latest rolling three-month period ending in September 2026, buyers are seeing a tighter market than the broader Memphis area. Balmoral has about 2.3 months of supply compared with 5.3 months across Memphis, and active listings are down roughly 19 percent from a year ago even as the city’s inventory has grown.

Conditions still lean toward sellers, but the pace has shifted from the frenzied environment of the past few years. Pending sales are up nearly 73 percent year over year while only about 14 percent of homes sold above list price and the average sale-to-list ratio sits just under 97 percent, so pricing strategy matters for both sides. Buyers and sellers in Balmoral can use Agent Pronto to connect with an experienced local agent who understands these trends and can guide them through each step of the process.



Learn more about what Balmoral has to offer.

Balmoral offers residents a welcoming, family-friendly community with tree-lined streets, nearby parks, convenient shops, and thoughtful amenities that support everyday life and a strong neighborhood spirit.

Balmoral in Memphis offers practical suburban living with strong connectivity to the rest of the city. Located just east of East Memphis, it sits close to major corridors like Poplar Avenue and I‑240, making daily commutes and cross‑town errands manageable for busy households.

Tree‑lined streets, primarily single‑family homes, and established schools such as Balmoral‑Ridgeway Elementary give the area a stable, residential feel. Nearby shopping and services at Poplar and Ridgeway mean grocery runs, pharmacies, and everyday needs stay close to home. Residents appreciate quick access to Memphis Public Libraries’ Parkway Village branch and the larger retail and dining hub around Eastgate Shopping Center, which expand options without long drives.

Outdoor and recreation needs are well served. The neighborhood is a short trip from Audubon Park and Lichterman Nature Center, popular for trails, birding, and community programs. Proximity to cultural institutions in Midtown and family outings in Downtown further enhances day‑to‑day livability.

For buyers, understanding street‑by‑street differences in pricing, school zoning, and renovation trends in Balmoral can significantly affect long‑term value. Sellers benefit from knowing how their home stacks up against nearby neighborhoods like Oak Haven and Hickory Hill when setting a price and timing a listing. Agent Pronto connects you with local agents who know Balmoral in detail, helping both buyers and sellers move forward with less stress and more confidence.

Find your Balmoral 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.

“Timishia Ortiz was extraordinary in her knowledge of realtor. Timisha has people skills and very understanding of what I was looking for. Not one time did she pressure me into buying something that I was not interested. Just having her there with me at the closing made it easy.”

Deborah Wellington ·

Photo of Morrow Group
eXp Realty
“Kitzy went above and beyond for us. Her knowledge and persistence were invaluable. I would work with her in a heartbeat again. She filed multiple extensions for us and ensured that the deadline was met.”

tiffany gaither jackson1 ·

Photo of Kitzy Talley
Kaizen Realty
“Good service nice response time very polite overall very satisfied stay dangerous Betty lol”

Dion Price · Whiteville, TN

Photo of Betty McGaughey
eXp Realty
“William was an outstanding realtor and a true professional. He brought experience, honesty, and clear communication to the table, which made a huge difference throughout the process. He was proactive, thorough, and always made sure I understood what was happening and what to expect next. I never felt rushed or uninformed — only supported. William’s expertise and steady approach gave me a lot of confidence, and I’m very thankful to have had him on my side. Highly recommend working with him.”

Lisa ·

Photo of William Haynes
Crye-Leike
“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
“After going through numerous realtors, I was fortunate to find Tina, and I can confidently say she was a game-changer in the home buying process. I was transitioning out of the military and living in a different state at the time, which made house hunting even more challenging. Tina immediately stepped up. She quickly put together a solid list of homes to consider and went above and beyond by doing virtual walkthroughs for every property we were interested in. Once we narrowed down the list, we drove to Mississippi to view the top contenders in person. Thanks to Tina's dedication and efficiency, we found the perfect home, and she got us from viewing to closing in just 32 days. Tina worked incredibly hard to ensure everything — including needed repairs — was handled quickly and professionally. The entire process was seamless. She was always on our side, fiercely advocating for our best interests every step of the way. If you're looking for a realtor who truly cares, communicates well, and will do everything possible to get you into a home you love, Tina is the one to work with. I couldn't recommend her more highly.”

slutchm ·

Photo of Tina Andrade
Fast Track Realty
“Mia and her team were great to work with. Highly recommend! She knows the Memphis area extremely well and is an expert in marketing. She was also extremely diligent and responsive throughout the process. We especially appreciated her constant and consistent communication to ensure things were moving along as appropriate.”

Michael Fink ·

Photo of Mia Atkinson
Exp Realty
“I recently had the pleasure of working with Dialine to purchase my new home, and I could not be more satisfied with the experience. From our introduction to the final closing, Dialine demonstrated professionalism, expertise, and an unwavering commitment to finding the perfect property for my family. Dialine took the time to understand my needs, preferences, and budget, ensuring that each property we visited was a potential match. Her knowledge of the local market was impressive, providing valuable insights that helped me make informed decisions. Thanks to Dialine, the home-buying process was smooth and stress-free. I highly recommend Dialine to anyone in need of a top-notch real estate professional. Her commitment to client satisfaction is unparalleled, and I am grateful for her exceptional service.”

zacharyealey ·

Photo of Dialine Booker
Berkshire Hathaway HomeService Taliesyn Realty
“Tarneshia done an outstanding job in helping us choose our home. Her knowledge and experience as the property manager help us to know this is the area we wanted to make this our final move.”

user73169813 ·

Photo of Tarneshia Barnett
KAIZEN Realty, LLC
“This was my first home buying experience and Nikki made the process so easy and straightforward. She was always there any time of the day or night to answer all my questions (and I had a lot)! I felt so comfortable around her and she always had my best interest in mind. Will be using her again in the future and would highly recommend.”

Stephanie Chilton ·

Photo of Nikki Rowland
Turn Key Realty Group
“Amanda did an incredible job assisting me with the purchase of my home. She was knowledgeable, responsive, and went above and beyond to make sure every step of the process went smoothly. From showings to the actual closing day, she was kind, patient, and thorough. I would definitely recommend her to anyone buying or selling in the Memphis area.”

Kelsey Keown ·

Photo of Amanda Rathbone McGill
Kaizen Realty
“Thank you for helping me on becoming a first time home buyer . I told you what I wanted and you helped me get exactly that .You made my biggest transaction so easy and smooth .Any questions I had you answered them all even after closing .Thank you for everything .If you’re looking for a home I truly recommend Raven to be your realtor.She is the best and is great at what she does.”

Diontreia harris ·

Photo of Raven Cansler
Kaizen Realty
“had an awesome experience with Latavia Blanton! Latavia Blanton’s expertise, dedication, and understanding throughout the entire process of finding my home was EXCEPTIONAL! She was very knowledgeable, professional, and most importantly, always available to answer questions I had throughout the process.”

knoxangelam ·

Photo of Latavia Blanton
Epique Realty
“Could not believe how easy the selling process was with Elizabeth. Prompt replies, good advice, knowledgeable...........Can't say enough positive things about her. We were able to close our Arlington house in less than 30 days!”

jamesliii ·

Photo of Elizabeth Amodeo
Marx-Bensdorf
“Mrs. Hyter is an amazing real estate agent. Knowledgeable, helpful, friendly, kind and truly cares for all of her clients. I recommend her time and time again.”

Becca Rupe ·

Photo of Beverly Hyter
Kaizen realty
“Kaye was very helpful, patience, and understanding through out my hold process. She provided me with some great advice on purchasing my first home. I was very excited about having Kaye as my realtor.”

curtis spencer ·

Photo of Stiletto Real Estate Team
BEST Real Estate Company
“Stephen went way beyond what we expected as first-time homebuyers. He explained the homebuying process in a way we could easily follow and made the transaction effortless. He does not leave you hanging once you close on the home but follows up to make sure everything is going well in the weeks and months after move-in. Stephen is very thorough and detail-oriented - we would and will recommend Stephen to all our friends who are in the process of buying or selling a home!”

Katherine Martin ·

Photo of Stephen Mansour
RE/MAX Remax Real Estate Experts
“This was a very easy and satisfying system to use for the sale of my house. My agent, Steven Ford, was very professional and up front with all information concerning my house value, what the market would pay, and guiding me through the sale. He was very knowledgeable and walked me through all aspects of the whole process to get the best price and the sale handled as quickly as possible. He always made sure I understood what the process was, and that I was happy with the price of the house and the cost of escrow and commissions. I would recommend Steven Ford as the utmost professional in helping to sell any house. Thank you for getting me in touch with this great person.”

Kelly L. · Collierville, TN

Photo of Steve Ford
The Carter Group Realtors
“Jessica was such a pleasure to work with! She’s very professional and personable as well. She was so patient with me throughout the whole process and worked hard to meet my needs with everything I wanted in a home. I would highly Jessica to anyone looking to buy a house!”

zuser20190121140023214 ·

Photo of Jessica Ennis
Paradigm21 Realty
“Carrie was awesome in helping us to find our new home in Somerville! She was patient with us as we looked at a variety of locations and home styles. We were so grateful for all of her knowledge, as we had moved from out of state due to my husband’s promotion. Coming to the area we had no clue where to start or what was good/bad. But she made it easy!”

bnicho25 ·

Photo of Michael Jones
Berkshire Hathaway HomeServices Taliesyn 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 Balmoral. 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.


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