Memphis Area Real Estate Market Report – April 2025
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Memphis Housing Stats
Memphis-area home sales for April decreased 18.3% from a year ago, with 1,132 total sales recorded. Sales were down 7.5% from March, when there were 1,224 total sales. Average sales price from April-to-April was up 1.9%, at $268,819.
Inventory increased 5.9%, with 4,037 units listed for sale. April average DOM was 51 a 16.4% decrease from the previous month. Sales volume YTD decreased 6.5%, to $1.23 billion.
The market total for pending sales is 1,523 for single family, 70 for condo and 30 for duplex with the average list price of $362,529.
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Market Reports from 2025
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Market Reports from 2024
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Market Reports from 2023
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Browse by Area
| Bartlett | Cordova | Germantown |
| Lakeland | Arlington |
Memphis Homes for Sale
Here are the most recent home listings just added to the database in the average sale price for Memphis – all homes here are priced at $255,511 or less