Price Drop: $30K
$199,000
3
3Bds
2Ba
1,963sqft
Single family home for sale
Realtracs as distributed by MLS GRID
Cheap Homes for Sale in Balmoral, Memphis, TN
8 Homes for Sale
Sort by:Newest Listings
Price Drop: $30K
$204,900
4
4Bds
2Ba
1,896sqft
Single family home for sale
Rei Nation Real Estate Service Listing provided by MAAR
$258,500
5
3Bds
2Ba
1,681sqft
Sale Pending
Everystate Inc. Listing provided by MAAR
$235,000
3Bds
2Ba
1,647sqft
Single family home for sale
Banyan Tree, Realtors Listing provided by MAAR
$274,900
6
3Bds
2Ba
1,980sqft
Sale Pending
Crye-Leike, Inc., Realtors Listing provided by MAAR
$230,000
4
4Bds
2Ba
1,950sqft
Single family home for sale
Crye-Leike, Inc., Realtors Listing provided by MAAR
$294,900
7
5Bds
3Ba
2,872sqft
Sale Pending
Ware Jones, Realtors Listing provided by MAAR
$280,000
8
4Bds
2Ba
2,211sqft
Single family home for sale
Agner & Associates, Llc Listing provided by MAAR
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Balmoral, TN Housing Market Overview
Balmoral in Memphis is a balanced market, giving buyers and sellers room to negotiate. Homes are selling for 98.82% of asking price and averaging 56 days on the market, so you can make decisions without the pressure of a highly competitive market.
Status
Balanced Market
Days on Market
56
Inventory
8
Sep 2021Mar 2024Feb 2026
Median Home Price
$277,450Down 0.04%
In Feb 2026 · YoY
Sep 2021Feb 2024Feb 2026
Mortgage Rates 30-Yr Fixed
6.23%Down 0.58%
Current rate · YoY
Loan Type
30-Year Fixed
Housing Supply
- Homes For Sale
- 8 Down 0.27%
- Newly Listed Homes
- 9 Down 0.18%
- Months of Supply
- 1 Down 0.00%
Housing Demand
- Homes Sold
- 8 Down 0.00%
- Sale-to-List Ratio
- 98.8% Up 1.42%
- Homes Sold Above List
- 12.5% Up 1.39%
30-yr fixed rate 6.23% · Data as of Feb 2026 · Source: Houzeo Research.
View Full Balmoral Market ReportNo. of Homes
Prices
Based on information from Realtracs® through Oct 9, 2026, 12:01 PM. Data courtesy of Realtracs® MLS as distributed by MLS GRID. Some IDX listings have been excluded from this website. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by Realtracs® MLS. © 2026 RealTracs Solutions. All Rights Reserved. Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Oct 9, 2026, 12:00 PM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2025 Memphis Area Association of REALTORS®. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. © 2026 Memphis Area Association of REALTORS®. All Rights Reserved. Angela Fowler Real Estate, LLC | 423.320.4620 Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
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Balmoral, Memphis, TN Housing Market
8
Homes Available
$ 277,450
Median List Price
56 Days
Avg on Market
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Price
Beds & Baths
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