Metro market data for agents
Memphis, TN housing market — data for agents
The latest Memphis, TN home prices, inventory, and days on market — the local proof points your buyers and sellers ask for. Use it to anchor a listing price: 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 snapshot — quote these in your CMA
Home value
$247K
May 2026
Days on market
24 days
May 2026
Inventory
6,017
May 2026
What to tell your buyers and sellers
Ready-to-use talking points for your next Memphis, TN listing appointment or buyer consult — each is the current figure with its trend.
- ·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 — the story behind your pricing
Other metros in Tennessee
Sources & methodology
Every figure on this page is drawn from authoritative public housing and mortgage data, refreshed monthly — so you can quote it in a listing appointment or CMA and back it with a link when a client pushes back. Home values shown as ZHVI are a smoothed typical-value index, not raw sale prices.