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Homes for Sale Under 450K in Memphis, TN

3,390 Homes for Sale

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Photo 1 of Single family home for sale at 507 Melody Ln, Memphis, TN 38120 | MLS# 10232796 | Listing updated on 2026-10-31

$430,000

Views: 18

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,847sqft

Single family home for sale

507 Melody Ln, Memphis, TN 38120

Keller Williams Listing provided by MAAR

Photo 1 of Single family home for sale at 5378 Dee Cv, Memphis, TN 38119 | MLS# 10223251 | Listing updated on 2026-09-13

$429,900

Views: 15

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 2,724sqft

Single family home for sale

5378 Dee Cv, Memphis, TN 38119

Mcwaters & Associates Listing provided by MAAR

Photo 1 of Single family home for sale at 229 Leonora Dr, Memphis, TN 38117 | MLS# 10233348 | Listing updated on 2026-10-28

$425,000

Views: 10

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,800sqft

Single family home for sale

229 Leonora Dr, Memphis, TN 38117

Results Mls Realtors Listing provided by MAAR

Photo 1 of Single family home for sale at 41 E Yates Rd, Memphis, TN 38120 | MLS# 10232804 | Listing updated on 2026-10-20

$425,000

Views: 2

Bedrooms: 3Bds

Bathrooms: 3Ba

Area: 1,963sqft

Single family home for sale

41 E Yates Rd, Memphis, TN 38120

Bluff City Realty Group, Llc Listing provided by MAAR

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Photo 1 of Single family home for sale at 1867 Cowden Ave, Memphis, TN 38104 | MLS# 10218680 | Listing updated on 2026-10-26

$425,000

Views: 10

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 2,482sqft

Single family home for sale

1867 Cowden Ave, Memphis, TN 38104

Bhhs Mclemore & Co. Realty Listing provided by MAAR

Photo 1 of Single family home for sale at 30 Wallace Rd, Memphis, TN 38117 | MLS# 10232877 | Listing updated on 2026-10-25

$420,000

Views: 2

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,933sqft

Single family home for sale

30 Wallace Rd, Memphis, TN 38117

Ware Jones, Realtors Listing provided by MAAR

Showing 43 - 84 of 3,390 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 6 months of supply and homes averaging 71 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

71

Inventory

2,976

Oct 2021Jul 2024Oct 2026

Median Home Price

$165,000Down 3.23%

In Oct 2026 · YoY

Oct 2021Jul 2024Oct 2026

Mortgage Rates 30-Yr Fixed

7.18%Down 0.06%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
2,976 Up 129.45%
Newly Listed Homes
5,031 Up 67.03%
Months of Supply
6 Up 140.00%

Housing Demand

Homes Sold
1,489 Down 4.18%
Sale-to-List Ratio
95.7% Down 0.60%
Homes Sold Above List
11.7% Up 1.65%

30-yr fixed rate 7.18% · Data as of Oct 2026 · Source: Houzeo Research.

View Full Memphis Market Report
No. of Homes
Prices
Houses for Sale in Frayser, Memphis
243
-
Houses for Sale in Whitehaven, Memphis
214
-
Houses for Sale in Central Business District, Memphis
209
-
Houses for Sale in Raleigh, Memphis
190
-
Houses for Sale in Heights, Memphis
123
-
Houses for Sale in Vollintine Evergreen, Memphis
84
-
Houses for Sale in Sea Isle Park, Memphis
74
-
Houses for Sale in Colonial Acres, Memphis
71
-
Houses for Sale in Parkway Village, Memphis
70
-
Houses for Sale in Hickory Hill, Memphis
67
-
Houses for Sale in Hyde Park, Memphis
57
$67,500
Houses for Sale in Central Gardens, Memphis
55
-
Houses for Sale in Berclair, Memphis
50
-
Houses for Sale in Nutbush, Memphis
49
-
Houses for Sale in Oakhaven, Memphis
49
-
Houses for Sale in Cooper Young, Memphis
47
-
Houses for Sale in Orange Mound, Memphis
44
-
Houses for Sale in Binghampton, Memphis
44
-
Houses for Sale in Alcy Ball, Memphis
36
-
Houses for Sale in Riverside, Memphis
34
-
Vollintine-Evergreen, Memphis Neighborhood Guide
Colonial Acres, Memphis Neighborhood Guide
Westwood, Memphis Neighborhood Guide
Sea Isle Park, Memphis Neighborhood Guide
Oakhaven, Memphis Neighborhood Guide
Parkway Village, Memphis Neighborhood Guide
Whitehaven, 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 Nov 10, 2026, 5:30 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

3,390

Homes Available

Median List Price icon

$ 165,000

Median List Price

Avg on Market icon

71 Days

Avg on Market