Memphis, FL

Balanced market+34.4% YoY

Housing market overview · Updated weekly

$410,000median sale price

Homes sold

6

Last 12 weeks

Days on market

70

Average pace

Active listings

22

3.7 months supply

Sale-to-list

96.2%

Below asking

The Memphis housing market is currently classified as a balanced market with a median sale price of $410,000. Prices have risen 34.4% compared to last year, with homes spending an average of 70 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Memphis

There are currently 22 homes listed for sale in Memphis, Florida. The median listing price is $399K. Featured listings range from $49,000 to $699,000.

land for sale at 2900 8th Ave W Unit 18 Memphis 34221 - $49,000
New listing
9
$49,000

2900 8th Ave W Unit 18

Memphis, FL 34221

Land2,614 sqft lot
Sold 1990 for $17K

TIM LESTER INTERNAT'L REALTY

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2 bedroom mobile home for sale at 29 Shady Ln Unit 29 Memphis 34221 - $69,000
24
$69,000

29 Shady Ln Unit 29

Memphis, FL 34221

2 bd2 ba460 sqft
Mobile home3,485 sqft lot
Est. $65K

KELLER WILLIAMS ON THE WATER

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2 bedroom mobile home for sale at 2900 8th Ave W Unit 23 Memphis 34221 - $139,900
New listing
36
$139,900

2900 8th Ave W Unit 23

Memphis, FL 34221

2 bd2 ba893 sqft
Mobile home3,049 sqft lot
Sold 2017 for $55K

TIM LESTER INTERNAT'L REALTY

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2 bedroom mobile home for sale at 137 Lakeview Dr Unit 137 Memphis 34221 - $165,000
31
$165,000

137 Lakeview Dr Unit 137

Memphis, FL 34221

2 bd2 ba960 sqft
Mobile home4,356 sqft lot
Est. $157KSold 2022 for $140K

KELLER WILLIAMS ON THE WATER

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2 bedroom house for sale at 1904 6th Ave W Memphis 34221 - $234,900
$234,900

1904 6th Ave W

Memphis, FL 34221

2 bd1 ba1,063 sqft
House10,454 sqft lot
Est. $234K

LESLIE WELLS REALTY, INC.

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3 bedroom house for sale at 1712 3rd Ave W Memphis 34221 - $269,000
Price cut $6K
27
$269,000

1712 3rd Ave W

Memphis, FL 34221

3 bd2 ba1,200 sqft
House8,276 sqft lot
Est. $262K

THE SHORELINE FL REALTY LLC

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3 bedroom house for sale at 536 43rd Street Blvd W Memphis 34221 - $309,333
27
$309,333

536 43rd Street Blvd W

Memphis, FL 34221

3 bd2 ba1,404 sqft
House7,841 sqft lot
Est. $309KSold 2021 for $275K

BROKER & BAKER INTERNATIONAL REALTY

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2 bedroom house for sale at 536 45th Street Ct W Memphis 34221 - $329,900
Price cut $8K
36
$329,900

536 45th Street Ct W

Memphis, FL 34221

2 bd2 ba1,036 sqft
House8,276 sqft lot
Est. $325KSold 2023 for $190K

EQUITYPRO LLC

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3 bedroom house for sale at 2008 2nd Ave E Memphis 34221 - $355,000
Price cut $14K
27
$355,000

2008 2nd Ave E

Memphis, FL 34221

3 bd2 ba1,350 sqft
House7,841 sqft lot
Est. $353KSold 2022 for $50K

COLDWELL BANKER REALTY

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3 bedroom house for sale at 321 21st St W Memphis 34221 - $365,000
21
$365,000

321 21st St W

Memphis, FL 34221

3 bd2 ba1,376 sqft
House7,841 sqft lot
Est. $349KSold 2023 for $317K

ENGEL & VOLKERS SOUTH TAMPA

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4 bedroom multi-family for sale at 416 40th St E Memphis 34221 - $384,000
New listing
68
$384,000

416 40th St E

Memphis, FL 34221

4 bd4 ba1,944 sqft
Multi-family9,583 sqft lot
Est. $292KSold 2002 for $86K

DALTON WADE INC

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3 bedroom house for sale at 4608 Arlington Rd Memphis 34221 - $699,000
15
$699,000

4608 Arlington Rd

Memphis, FL 34221

3 bd2 ba1,630 sqft
House6,534 sqft lot
Est. $656KSold 2005 for $495K

SAVVY AVENUE, LLC

More about this property

Looking to buy in Memphis?

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Active listings

22

Homes on market

Median list price

$399K

Avg. days on market

70

Days until sale

New this week

7

Newly listed

Price drops:31.8%of listings
Sale-to-list:96.2%

Explore nearby cities in FL

Frequently asked questions

What is the average home price in Memphis?

The median home sale price in Memphis is $410,000, up 34.4% from last year.

How long do homes stay on market in Memphis?

Homes typically spend 70 days on market before going under contract.

Is Memphis a buyer's or seller's market?

With 3.7 months of supply, Memphis is currently a balanced market.

How many homes are for sale in Memphis?

There are currently 22 homes listed for sale in Memphis, FL.

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