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Memphis, TN Homes for Sale & Real Estate

Memphis currently has 1,038 residential homes for sale on the market. The median list price is $228,500 or $1,036 / ft². These listings range from $125,000 in the lower quartile to $374,250 in the upper quartile. The average home currently for sale in Memphis is around 66 years old and 1,036 ft². There are currently 21 studio, 32 one-bedroom, 218 two-bedroom, 447 three-bedroom, and 320 four+ bedroom listings for sale.
A more detailed breakdown of sizes and prices is below:
Median
Bedrooms Price Price / ft²
Studio $475,000 $0
1 BR $149,500 $0
2 BR $125,000 $86
3 BR $200,000 $1,986
4+ BR $389,000 $0

Out of the 1,038 listings that are currently on the market, there are 828 houses, 164 townhouses, and 46 multifamilies. Our real-time inventory refreshes every hour, so that you see the best new inventory available on the market.

This search area is located within Shelby County, Tennessee. Shelby County, Tennessee has 936,990 residents in 349,956 households.

Frequently Asked Questions

What is the average sales price for homes in Memphis?
The average home sales price in Memphis is $228,500, or $1,036/sqft. When you buy a home in Memphis, you can expect to pay between $125,000 to $374,250. These figures may differ depending on the location, type, and size of the property.
How long on average are homes in Memphis on the market?
Based on our collected data, properties in Memphis are on the market for an average time of 48 days.
What is the breakdown of listings by property type in Memphis?
There are currently 828 houses, 164 townhouses, and 46 multifamilies located in Memphis. Our inventory of available listings is constantly being updated so be sure to check back frequently.
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