Memphis Real Estate — Key Facts
- Active listings: 4,036
- Median price: $169,000
- For sale: 3,520
- For rent: 351
- Price range: $547 – $4,200,000
- Active agents: 33
- Property types: Apartment, Detached, Farm/Ranch, Flat, Mobile Home
- Country: United States
Real Estate in Memphis
Explore 4,036 property listings in Memphis, United States. Median price: $169,000.Property types include Apartment, Detached, Farm/Ranch, Flat.
Market Snapshot
4,036
Active Listings
$169,000
Median Price
3,520
For Sale
351
For Rent
Latest Properties in Memphis
Frequently Asked Questions
There are currently 4,036 active property listings in Memphis, United States.
The median home price in Memphis is $169,000.
There are 351 rental properties available in Memphis.
Property types available in Memphis include Apartment, Detached, Farm/Ranch, Flat, Mobile Home.
Real Estate Terms — Memphis Buyers Should Know
- MLS (Multiple Listing Service)
- A database used by real estate brokers to share active property listings. Listings on Mirror Real Estate that include an MLS number are sourced from a regional MLS feed.
- Median price
- The middle price point in a city's active listings. Half the listings are priced above, half below. More representative than the average because it isn't skewed by a few very expensive or very cheap properties.
- Days on market (DOM)
- The number of days a property has been actively listed for sale. A low DOM typically indicates strong demand; a high DOM may indicate overpricing or weaker demand.
- Price per square foot
- Listing price divided by interior square footage. Useful for comparing properties of different sizes in the same neighborhood, though it ignores lot size, finish quality, and condition.
- Active listing
- A property currently for sale or rent and visible to buyers. On Mirror Real Estate, active listings exclude expired, withdrawn, sold, and rented properties.
- New construction
- A home that has been built recently and not previously occupied, or one being sold by the original builder. Often includes builder warranties and customization options.