Memphis Real Estate — Key Facts
- Active listings: 4,752
- Median price: $175,788
- For sale: 4,585
- For rent: 4
- Price range: $700 – $4,495,000
- Active agents: 36
- Property types: Apartment, Detached, Farm/Ranch, Flat, Mobile Home
- Country: United States
Real Estate in Memphis
Explore 4,752 property listings in Memphis, United States. Median price: $175,788.Property types include Apartment, Detached, Farm/Ranch, Flat.
Market Snapshot
4,752
Active Listings
$175,788
Median Price
4,585
For Sale
4
For Rent
Latest Properties in Memphis
Frequently Asked Questions
There are currently 4,752 active property listings in Memphis, United States.
The median home price in Memphis is $175,788.
There are 4 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 On Mirror Real Estate, active listings exclude expired, withdrawn, sold, and rented properties.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.