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Homes for Sale Under 200K in Memphis, TN

2,267 Homes for Sale

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Photo 1 of Sale Pending at 3522 Hanna Dr, Memphis, TN 38128 | MLS# 10229763 | Listing updated on 2026-09-09

$199,900

Views: 13

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,539sqft

Sale Pending

3522 Hanna Dr, Memphis, TN 38128

C21 Patterson & Assoc. Real Es Listing provided by MAAR

Photo 1 of Single family home for sale at 867 Maple Dr, Memphis, TN 38108 | MLS# 10230463 | Listing updated on 2026-10-15

$199,500

Views: 14

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,735sqft

Single family home for sale

867 Maple Dr, Memphis, TN 38108

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

Photo 1 of Single family home for sale at 1519 Ivy Rd, Memphis, TN 38117 | MLS# 10232579 | Listing updated on 2026-10-16

$199,000

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,248sqft

Single family home for sale

1519 Ivy Rd, Memphis, TN 38117

Dream Maker Realty, Llc Listing provided by MAAR

Photo 1 of Single family home for sale at 2320 Bobolink Cv, Memphis, TN 38134 | MLS# 10233096 | Listing updated on 2026-10-28

$199,000

Views: 2

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,107sqft

Single family home for sale

2320 Bobolink Cv, Memphis, TN 38134

Rei Nation Real Estate Service Listing provided by MAAR

Photo 1 of Single family home for sale at 958 Maury St, Memphis, TN 38107 | MLS# 10226678 | Listing updated on 2026-10-19

$199,000

Views: 5

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,987sqft

Single family home for sale

958 Maury St, Memphis, TN 38107

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

Photo 1 of Single family home for sale at 3750 Kearney Ave, Memphis, TN 38111 | MLS# 10232292 | Listing updated on 2026-10-13

$199,000

Views: 4

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,108sqft

Single family home for sale

3750 Kearney Ave, Memphis, TN 38111

Coldwell Banker Collins-Maury Listing provided by MAAR

Photo 1 of Multi family home for sale at 3468 Bowen Ave, Memphis, TN 38122 | MLS# 10224308 | Listing updated on 2026-09-27

$198,900

Views: 15

Bedrooms: --Bds

Bathrooms: --Ba

Area: 1,296sqft

Multi family home for sale

3468 Bowen Ave, Memphis, TN 38122

Memphis Metro Realty Listing provided by MAAR

Photo 1 of Single family home for sale at 4402 Boyce Rd, Memphis, TN 38117 | MLS# 10218668 | Listing updated on 2026-04-07

$198,500

Views: 9

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,199sqft

Single family home for sale

4402 Boyce Rd, Memphis, TN 38117

Kaizen Realty, Llc Listing provided by MAAR

3D Tour3D Tour
Photo 1 of Single family home for sale at 885 S Cox St, Memphis, TN 38104 | MLS# 10219474 | Listing updated on 2026-10-15

$197,500

Views: 12

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 1,220sqft

Single family home for sale

885 S Cox St, Memphis, TN 38104

Marx-Bensdorf, Realtors Listing provided by MAAR

Photo 1 of Single family home for sale at 830 Maury St, Memphis, TN 38107 | MLS# 10212981 | Listing updated on 2026-09-18

$195,000

Views: 16

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 2,148sqft

Single family home for sale

830 Maury St, Memphis, TN 38107

Keller Williams Realty Listing provided by MAAR

Showing 43 - 84 of 2,267 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

Sep 2021Jun 2024Sep 2026

Median Home Price

$169,000Down 0.59%

In Sep 2026 · YoY

Sep 2021Jun 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
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Westwood, Memphis Neighborhood Guide
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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-imgIDX Logo
    Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Oct 31, 2026, 6:45 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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Homes Available icon

2,267

Homes Available

Median List Price icon

$ 169,000

Median List Price

Avg on Market icon

70 Days

Avg on Market