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Homes for Sale Under 200K in Memphis, TN

2,271 Homes for Sale

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Photo 1 of Single family home for sale at 3814 Caravel Dr, Memphis, TN 38115 | MLS# 10232512 | Listing updated on 2026-10-15

$165,000

Views: 1

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,271sqft

Single family home for sale

3814 Caravel Dr, Memphis, TN 38115

Reedy & Company, Realtors Listing provided by MAAR

Photo 1 of Single family home for sale at 1370 Dow Pl, Memphis, TN 38106 | MLS# 10232123 | Listing updated on 2026-10-09

$165,000

Views: 1

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,030sqft

Single family home for sale

1370 Dow Pl, Memphis, TN 38106

Tiger Realty Listing provided by MAAR

Photo 1 of Single family home for sale at 4409 Jamaica Ave, Memphis, TN 38117 | MLS# 10231757 | Listing updated on 2026-10-07

$165,000

Views: 7

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,148sqft

Single family home for sale

4409 Jamaica Ave, Memphis, TN 38117

Crestcore Realty Mphsbrokerage Listing provided by MAAR

Photo 1 of Single family home for sale at 4624 Wicklow Dr, Memphis, TN 38141 | MLS# 10231690 | Listing updated on 2026-10-28

$164,900

Views: 10

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,472sqft

Single family home for sale

4624 Wicklow Dr, Memphis, TN 38141

Rei Nation Real Estate Service Listing provided by MAAR

Photo 1 of Single family home for sale at 991 Mcevers Rd, Memphis, TN 38111 | MLS# 10207234 | Listing updated on 2026-10-31

$164,900

Views: 9

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,272sqft

Single family home for sale

991 Mcevers Rd, Memphis, TN 38111

Crye-Leike, Inc., Realtors Listing provided by MAAR

Photo 1 of Single family home for sale at 4101 Burrow Ave, Memphis, TN 38128 | MLS# 10222384 | Listing updated on 2026-05-26

$164,900

Views: 2

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,014sqft

Single family home for sale

4101 Burrow Ave, Memphis, TN 38128

Weichert, Realtors-Benchmark Listing provided by MAAR

HotHot
Photo 1 of Multi family home for sale at 3176 Yale Ave, Memphis, TN 38112 | MLS# 10217394 | Listing updated on 2026-10-31

$162,900

Views: 21

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 1,650sqft

Multi family home for sale

3176 Yale Ave, Memphis, TN 38112

Kaizen Realty, Llc Listing provided by MAAR

Photo 1 of Multi family home for sale at 1431 Latham St, Memphis, TN 38106 | MLS# 10233029 | Listing updated on 2026-10-22

$162,000

Bedrooms: --Bds

Bathrooms: --Ba

Area: 2,480sqft

Multi family home for sale

1431 Latham St, Memphis, TN 38106

Realhome Services & Solutions, Listing provided by MAAR

Photo 1 of Single family home for sale at 5 E Byfield Dr, Memphis, TN 38109 | MLS# 10210386 | Listing updated on 2026-10-30

$160,000

Views: 13

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,246sqft

Single family home for sale

5 E Byfield Dr, Memphis, TN 38109

Foundation Property Management Listing provided by MAAR

HotHot
Photo 1 of Single family home for sale at 4479 Jamaica Ave, Memphis, TN 38117 | MLS# 10231373 | Listing updated on 2026-09-30

$160,000

Views: 14

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,279sqft

Single family home for sale

4479 Jamaica Ave, Memphis, TN 38117

Rei Nation Real Estate Service Listing provided by MAAR

Showing 379 - 420 of 2,271 homes for sale in Memphis, TN

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Memphis, TN Housing Market Overview

Memphis is a balanced market, giving buyers and sellers room to negotiate. With 5.4 months of supply and homes averaging 70 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

70

Inventory

2,808

Oct 2021Jul 2024Sep 2026

Median Home Price

$169,000Down 0.59%

In Sep 2026 · YoY

Oct 2021Jul 2024Sep 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
2,808 Up 126.09%
Newly Listed Homes
4,706 Up 64.60%
Months of Supply
5.4 Up 134.78%

Housing Demand

Homes Sold
1,574 Down 3.32%
Sale-to-List Ratio
95.9% Down 0.39%
Homes Sold Above List
11.9% Up 1.88%

30-yr fixed rate 6.23% · Data as of Sep 2026 · Source: Houzeo Research.

View Full Memphis Market Report
No. of Homes
Prices
Houses for Sale in Frayser, Memphis
225
-
Houses for Sale in Central Business District, Memphis
214
-
Houses for Sale in Whitehaven, Memphis
212
-
Houses for Sale in Raleigh, Memphis
175
-
Houses for Sale in Heights, Memphis
122
-
Houses for Sale in Vollintine Evergreen, Memphis
72
-
Houses for Sale in Sea Isle Park, Memphis
66
-
Houses for Sale in Hickory Hill, Memphis
62
-
Houses for Sale in Colonial Acres, Memphis
60
-
Houses for Sale in Parkway Village, Memphis
59
-
Houses for Sale in Hyde Park, Memphis
55
$67,500
Houses for Sale in Berclair, Memphis
52
-
Houses for Sale in Nutbush, Memphis
49
-
Houses for Sale in Central Gardens, Memphis
48
-
Houses for Sale in Oakhaven, Memphis
46
-
Houses for Sale in Orange Mound, Memphis
45
-
Houses for Sale in Cooper Young, Memphis
43
-
Houses for Sale in Binghampton, Memphis
42
-
Houses for Sale in Westwood, Memphis
32
$97,500
Houses for Sale in Alcy Ball, Memphis
32
-
Vollintine-Evergreen, Memphis Neighborhood Guide
Colonial Acres, Memphis Neighborhood Guide
Westwood, Memphis Neighborhood Guide
Sea Isle Park, Memphis Neighborhood Guide
Oakhaven, Memphis Neighborhood Guide
Whitehaven, Memphis Neighborhood Guide
Parkway Village, Memphis Neighborhood Guide
Nutbush, Memphis Neighborhood Guide
Raleigh, Memphis Neighborhood Guide
Hickory Hill, Memphis Neighborhood Guide
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  • mls-img
    Based on information from Realtracs® through Nov 1, 2026, 10:45 AM. 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
  • mls-imgIDX Logo
    Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Nov 1, 2026, 10:45 AM. 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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Homes Available icon

2,271

Homes Available

Median List Price icon

$ 169,000

Median List Price

Avg on Market icon

70 Days

Avg on Market