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Real estate in Memphis’ South Main neighborhood.

Compare top South Main real estate agents.

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

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

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$284K
-26% from Q2 '26
Median list price
$284K
-11% from Q2 '26
Active listings
75
-5.1% from Q2 '26
Homes sold
10
-57% from Q2 '26
New pendings
17
-29% from Q2 '26
New listings
23
-39% from Q2 '26

Quarterly Pricing Trends for South Main

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

Quarterly Pricing Trends for South Main Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $328K Median sale price in Jan 2022 - Mar 2022: $323K Median sale price in Apr 2022 - Jun 2022: $360K Median sale price in Jul 2022 - Sep 2022: $360K Median sale price in Oct 2022 - Dec 2022: $310K Median sale price in Jan 2023 - Mar 2023: $348K Median sale price in Apr 2023 - Jun 2023: $350K Median sale price in Jul 2023 - Sep 2023: $419K Median sale price in Oct 2023 - Dec 2023: $300K Median sale price in Jan 2024 - Mar 2024: $260K Median sale price in Apr 2024 - Jun 2024: $322K Median sale price in Jul 2024 - Sep 2024: $265K Median sale price in Oct 2024 - Dec 2024: $245K Median sale price in Jan 2025 - Mar 2025: $300K Median sale price in Apr 2025 - Jun 2025: $235K Median sale price in Jul 2025 - Sep 2025: $266K Median sale price in Oct 2025 - Dec 2025: $285K Median sale price in Jan 2026 - Mar 2026: $259K Median sale price in Apr 2026 - Jun 2026: $382K Median sale price in Jul 2026 - Sep 2026: $284K Median list price in Oct 2021 - Dec 2021: $299K Median list price in Jan 2022 - Mar 2022: $370K Median list price in Apr 2022 - Jun 2022: $360K Median list price in Jul 2022 - Sep 2022: $370K Median list price in Oct 2022 - Dec 2022: $339K Median list price in Jan 2023 - Mar 2023: $362K Median list price in Apr 2023 - Jun 2023: $350K Median list price in Jul 2023 - Sep 2023: $318K Median list price in Oct 2023 - Dec 2023: $355K Median list price in Jan 2024 - Mar 2024: $332K Median list price in Apr 2024 - Jun 2024: $319K Median list price in Jul 2024 - Sep 2024: $325K Median list price in Oct 2024 - Dec 2024: $307K Median list price in Jan 2025 - Mar 2025: $265K Median list price in Apr 2025 - Jun 2025: $350K Median list price in Jul 2025 - Sep 2025: $325K Median list price in Oct 2025 - Dec 2025: $279K Median list price in Jan 2026 - Mar 2026: $334K Median list price in Apr 2026 - Jun 2026: $318K Median list price in Jul 2026 - Sep 2026: $284K Oct 2021 - Dec 2021 Median sale price $328K Median list price $299K Jan 2022 - Mar 2022 Median sale price $323K Median list price $370K Apr 2022 - Jun 2022 Median sale price $360K Median list price $360K Jul 2022 - Sep 2022 Median sale price $360K Median list price $370K Oct 2022 - Dec 2022 Median sale price $310K Median list price $339K Jan 2023 - Mar 2023 Median sale price $348K Median list price $362K Apr 2023 - Jun 2023 Median sale price $350K Median list price $350K Jul 2023 - Sep 2023 Median sale price $419K Median list price $318K Oct 2023 - Dec 2023 Median sale price $300K Median list price $355K Jan 2024 - Mar 2024 Median sale price $260K Median list price $332K Apr 2024 - Jun 2024 Median sale price $322K Median list price $319K Jul 2024 - Sep 2024 Median sale price $265K Median list price $325K Oct 2024 - Dec 2024 Median sale price $245K Median list price $307K Jan 2025 - Mar 2025 Median sale price $300K Median list price $265K Apr 2025 - Jun 2025 Median sale price $235K Median list price $350K Jul 2025 - Sep 2025 Median sale price $266K Median list price $325K Oct 2025 - Dec 2025 Median sale price $285K Median list price $279K Jan 2026 - Mar 2026 Median sale price $259K Median list price $334K Apr 2026 - Jun 2026 Median sale price $382K Median list price $318K Jul 2026 - Sep 2026 Median sale price $284K Median list price $284K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
44
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).

South Main’s rolling three-month snapshot through September 2026 shows notable cooling in activity alongside softer pricing. The typical home value moved lower month over month by roughly a quarter, while the median list price fell by about 11 percent over the same period, and homes sold dropped by more than half. At the same time, active listings edged down slightly, indicating that some inventory is still being absorbed. A sharp increase in months of supply to around 16 suggests buyers have far more options than earlier in the year.

Looking beyond monthly shifts, year-over-year figures add important context. Typical home values are still up nearly 7 percent from a year ago even as the median list price is down about 13 percent and homes sold have fallen by roughly 27 percent. New listings over the year are also down close to 29 percent, pointing to fewer owners bringing properties to market. Despite slower sales, pending contracts are up about 14 percent compared with last year, hinting that buyers are still engaging when the right home appears.

Homes are changing hands more quickly than before, with the median days on market dropping sharply from triple digits last year to just over a month, and the average sale-to-list ratio has inched up to about 96 percent even though no recent sales closed above list price. Compared with the broader Memphis market, where prices are lower and supply is closer to five months, South Main currently carries much higher inventory and a distinct dynamic. Even with that, local conditions still register as a seller’s market overall, and Agent Pronto can connect both buyers and sellers with a South Main agent who knows how to navigate these trends.



Learn more about what South Main has to offer.

South Main offers residents a vibrant, walkable blend of historic charm, creative culture, and convenient amenities that foster a friendly, connected community.

South Main in Memphis tends to attract people who want an urban lifestyle with character and history, from first-time buyers seeking lofts to downsizers looking for low-maintenance condos. Former warehouses now hold sleek residences near the National Civil Rights Museum, while side streets offer townhomes and smaller single-family options that appeal to long‑term residents.

Walkability is a major draw. Locals enjoy galleries, monthly art walks, and easy access to Beale Street Landing along the riverfront. Dining and nightlife are close at hand, whether you are grabbing coffee before work or dinner and a show at The Orpheum Theatre. Proximity to downtown employers, the South Main Historic District, and major roadways makes the neighborhood especially appealing for professionals and frequent travelers.

For buyers, pricing and property types can shift block to block, with renovated lofts sitting near buildings that are still transitioning. For owners considering a sale, understanding how new restaurants, streetscape improvements, and nearby areas like Downtown and Midtown affect value is key. A knowledgeable agent can also compare South Main with neighborhoods such as Cooper-Young, Binghampton, and Harbor Town to clarify your options.

Because South Main’s market is shaped by historic status, lifestyle amenities, and ongoing development, working with an Agent Pronto recommended real estate agent who truly understands these neighborhood-level details helps both buyers and sellers make confident decisions.

Find your South Main 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.

“Shawn is a hard working realtor with integrity. Extremely responsive to communication and very knowledgeable.”

Milo Hawley · Hendersonville, TN

Photo of Shawn Wright
Century 21 Wright Realty
“We had a property in Gatlinburg that was difficult to sell for a variety of reasons. Katelyn did what others couldn't, and we were thrilled with the outcome. It sold at a fair price, thanks to Katelyn's hard work at marketing it and negotiating with the buyers. Communication was outstanding throughout the process. We would absolutely recommend Katelyn to anyone needing a realtor in the Smoky Mountains.”

Susan & Gregory Hallett · Gatlinburg, TN

Photo of Katelyn Warren
Castle & Associates Real Estate
“Mike was knowledgeable about the area and understanding what was important to get our property sold. We had a very unique property that he was able to market and price very well. He was extremely efficient and helpful in the entire process, even before we officially decided to work with him, he took time to research and inform us on tax status that we were unaware of in order to successfully accomplish the goal of selling our property. He was patient but also urgent in his communication and helping us everything needed to reach our goal. We would definitely work with him again and refer him to others! 10/10 highly recommend!”

Darrell Bond · Kingsport, TN

Photo of Creation Properties
Century 21 Legacy
“Very professional and consistent.”

Melvin James · Chattanooga, TN

Photo of Rolanda Pullen Daniel
Coldwell Banker Pryor Realty
“When my wife and I set out on our homebuying journey we were nervous about teaming up with the right Realtor. Then we found Jeremiah. Jeremiah is knowledgeable, personable, and a genuinely good guy. He helped us every step of the way through the homebuying process. My wife and I are so thankful and grateful to have had Jeremiah on our team. He is the best of the best.”

Jacob Kimbrough · Mount Carmel, TN

Photo of Jeremiah Frank
Epique Realty
“Brooke sold us two properties, one rural hunting property that will be built on someday and a residential property until then. She serviced both spectrums for us.”

Jerry · Church Hill, TN

Photo of Brooke Shelton
Century 21 Legacy
“Brad was wonderful to work with. He was very patient with us on trying to find our forever home. I would recommend him to anyone who wants someone who listens to you.”

Sue · Shelbyville, TN

Photo of Brad Fowler
Century 21 Wright Realty
“This was the third time dealing with David Edwards and I will always work with David should the opportunity arise again! He is honest and professional and I trust him completely!”

Margaret Rice · Erwin, TN

Photo of David Edwards JR
CENTURY 21 Legacy
“Tracey is the best realtor. She makes stressful negotiations a breeze from start to finish. She is professional but adds her personal touch to all communications and transactions to make you feel like family. I have used Tracey for over 10 years in buying and selling several homes. I would never use another realtor in buying or selling my home.”

Candi Johnson · Talbott, TN

Photo of Tracey Bright
RE/MAX Real Estate Ten Midtown
“Misty was an absolute pleasure to work with! She went above and beyond in the entire home buying process. Misty went out of her way to meet with us to view several potential properties on short notice. Her insight and knowledge were critical in informing my decisions. She walked me through the tough negotiations so I could navigate them confidently. Myself and my family are truly thankful for her help in finding our home!”

Justin Volmos · Waverly, TN

Photo of Misty Kinney
Century 21 Platinum Properties
“I contacted Pronto because we needed to sell a deceased relative's home in Tennessee, while we live in Ohio. Agent Pronto put us in touch with two agents, and we chose Amber Vittetoe who was nothing short of fabulous. She provided us with many resources that we wouldn't have known about since we're not local, and she was extremely responsive 24/7. We couldn't have asked for a better agent. Thank you!”

Sue H. · Sevierville, TN

Photo of Amber Vittetoe
MG Rise Realty
“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
“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
“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
“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
“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 South Main. 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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