Housing prices and selling conditions
These measures describe housing prices and selling conditions for the areas and periods shown. Compare them alongside repair costs, your mortgage payoff and selling costs.
| Measure | Value | Source and area | Period |
|---|---|---|---|
| Median sale price | $187,000 | Redfin · Memphis, TN | Three months ending August 2026 |
| Median days on market | 37 days | Redfin · Memphis, TN | Three months ending August 2026 |
| Homes sold | 1,513 homes | Redfin · Memphis, TN | Three months ending August 2026 |
| Typical home value (Zillow ZHVI) | $145,335 | Zillow · Memphis, TN | As of August 2026 |
| For-sale inventory | 3,195 homes | Zillow · Memphis, TN | As of August 2026 |
Include utilities, other bills and any mortgage payments while waiting to sell. Allow time for closing, too.
Memphis seller information / Market report
Memphis, TN Housing Market and Selling Costs
Use this report to compare a direct as-is cash offer with listing, repairs, and the time you may carry the house. The market figures are background for that choice, not a price for your particular property.
USA Home Buyers buys houses as-is in the City of Memphis and Shelby County, Tennessee. We buy houses as-is, in any condition — no repairs, no cleaning, no cleanout required to sell to us.
Prefer to talk? Call 888-274-5006.
We'll give you a written cash offer within 24 hours.
We give written cash offers in 24 hours.
Share the address, condition, occupancy, and timing you are comparing.
Market numbers
Current housing measures for Memphis
Read each measure with its source, geography, and period. These figures describe market activity, not the value or likely sale price of one house.
Housing prices and selling conditions
These measures describe housing prices and selling conditions for the areas and periods shown. Compare them alongside repair costs, your mortgage payoff and selling costs.
| Measure | Value | Source and area | Period |
|---|---|---|---|
| Median sale price | $187,000 | Redfin · Memphis, TN | Three months ending August 2026 |
| Median days on market | 37 days | Redfin · Memphis, TN | Three months ending August 2026 |
| Homes sold | 1,513 homes | Redfin · Memphis, TN | Three months ending August 2026 |
| Typical home value (Zillow ZHVI) | $145,335 | Zillow · Memphis, TN | As of August 2026 |
| For-sale inventory | 3,195 homes | Zillow · Memphis, TN | As of August 2026 |
Include utilities, other bills and any mortgage payments while waiting to sell. Allow time for closing, too.
Zillow’s typical home value is a modeled measure, separate from completed-sale prices: $145,335 (As of August 2026; Zillow typical home value for Memphis, TN). Use it as market context, not a price for your address.
What the numbers mean
A Memphis-wide figure does not price your house
A median sale price describes the middle of completed sales in the named place and period. Zillow’s typical home value is a separate model. Neither tells you what a particular house will bring, and a Memphis city measure is not a price for every house in Shelby County.
Condition and repair needs can change both a listing comparison and what it costs to prepare the house. If tenants live there, occupancy, lease terms, and access can affect the options and timing. Include the bills you would carry while waiting; a citywide measure cannot account for those details.
Local selling costs
Tennessee realty transfer tax
Include Tennessee’s realty transfer tax in the closing-cost comparison. The state charges 37 cents for each $100 of the price paid or the property’s value, whichever is greater, when the deed is recorded. A $100,000 sale owes $370. State law puts responsibility for paying the tax on the buyer; the county register of deeds collects it for the state.
When you sell to us, we pay the closing costs, including Tennessee's realty transfer tax. Your mortgage, liens, back taxes, and share of current property taxes are separate.
What you may keep
Sale price and money left after costs are different numbers
Compare a realistic sale price or written offer with your mortgage payoff, repairs and cleanout if you list, listing costs, other selling costs, and the utilities, insurance, and time you would carry the house. A higher sale price does not automatically mean you keep more.
Use the Memphis calculator to change the assumptions for your comparison. Just an estimate — the actual number could be more or less depending on the home's condition.
Compare what you may keep with the Memphis calculator →Memphis market report questions
What do Memphis market figures mean for my house?
Each figure describes the source, place, and period shown beside it. Redfin’s median sale price summarizes completed sales; Zillow’s typical home value is a separate modeled measure. Neither figure prices your address. Condition, repairs, occupancy, access, and timing affect your comparison.
What Tennessee realty transfer tax should I compare?
Tennessee charges 37 cents for each $100 of the price paid or the property’s value, whichever is greater, when the deed is recorded. A $100,000 sale owes $370, and the buyer pays the tax under state law. When you sell to us, we pay the closing costs, including Tennessee’s realty transfer tax. Your mortgage, liens, back taxes, and share of current property taxes are separate.
How is the sale price different from what I may keep?
The sale price is the top-line amount. What remains depends on costs such as mortgage payoff, repairs and cleanout if you list, listing costs, other selling costs, and bills while you wait. Use the Memphis calculator link on this page to change the planning assumptions; its result is an estimate, not an offer.
Can I sell a house that needs repairs or has tenants?
Yes. We buy houses as-is, in any condition — no repairs, no cleaning, no cleanout required to sell to us. Repairs, occupancy, access, and your timing can still affect how a direct sale and a listing compare.
How do I ask for a cash offer on a Memphis house?
USA Home Buyers buys houses as-is in Memphis and Shelby County, Tennessee. Use the form on this page or call 888-274-5006. We give written cash offers in 24 hours.
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What sellers say about USA Home Buyers
Next step
Compare the path that fits your Memphis property
Choose a situation page or seller resource that matches what is happening with the house. You can also use the form below or call 888-274-5006.
Want a written cash offer?
Tell us about the Memphis property and compare the written numbers with listing, repairs, or waiting. If you would rather talk, call 888-274-5006.
We'll give you a written cash offer within 24 hours.
We give written cash offers in 24 hours.
Share the property details and compare your options.