Metro housing market
Memphis, TN housing market
The latest Memphis, TN home prices, inventory, and days on market. The typical home here is 26.5% lower than the Tennessee state average and 33.2% lower than the U.S. typical value.
Data as of May 2026.
Latest market snapshot
Home value
$247K
May 2026
Days on market
24 days
May 2026
Inventory
6,017
May 2026
What the numbers say
- ·Typical home value (ZHVI) is $247,229 — -0.1% month over month, +0.1% year over year.
- ·Median days on market is 24 days — -17.2% month over month, +14.3% year over year.
- ·Homes for sale is 6,017 — +6.6% month over month, +15.9% year over year.
13-month trends
Not enough data to chart median sale price yet.
Other metros in Tennessee
Sources & methodology
Every figure on this page is drawn from authoritative public housing and mortgage data, refreshed monthly. Home values shown as ZHVI are a smoothed typical-value index, not raw sale prices. We cite openly so you can verify.