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Homes for Sale Under 200K in Memphis, TN

2,270 Homes for Sale

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$169,800

Views: 15

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,186sqft

Single family home for sale

1063 Sandra Rd, Memphis, TN 38122

Keller Williams Realty Listing provided by MAAR

$169,000

Views: 8

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,260sqft

Single family home for sale

873 Biggs St, Memphis, TN 38108

Keller Williams Listing provided by MAAR

$168,500

Views: 10

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 2,004sqft

Single family home for sale

3560 Bellwood Dr, Memphis, TN 38128

Rei Nation Real Estate Service Listing provided by MAAR

$168,000

Views: 10

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 1,013sqft

Single family home for sale

772 Buck St, Memphis, TN 38111

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

3D Tour3D Tour

$165,000

Views: 5

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,449sqft

Single family home for sale

855 Maury St, Memphis, TN 38107

Marx-Bensdorf, Realtors Listing provided by MAAR

HotHot

$165,000

Views: 12

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 1,620sqft

Multi family home for sale

3113 Yale Ave, Memphis, TN 38112

Bhhs Mclemore & Co. Realty Listing provided by MAAR

$165,000

Views: 4

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,167sqft

Single family home for sale

1374 Dow Pl, Memphis, TN 38106

Tiger Realty Listing provided by MAAR

$165,000

Views: 2

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,514sqft

Single family home for sale

1311 Randall Dr, Memphis, TN 38116

Rei Nation Real Estate Service Listing provided by MAAR

$165,000

Views: 8

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 3,400sqft

Single family home for sale

4709 Stage Rd, Memphis, TN 38128

Mainstay Brokerage, Llc Listing provided by MAAR

Showing 337 - 378 of 2,270 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
  • mls-img
    Based on information from Realtracs® through Nov 1, 2026, 4:31 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, 4:45 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

2,270

Homes Available

Median List Price icon

$ 169,000

Median List Price

Avg on Market icon

70 Days

Avg on Market