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Homes for Sale Under 500K in Memphis, TN

3,431 Homes for Sale

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HotHot
Photo 1 of Single family home for sale at 945 Faxon Ave, Memphis, TN 38105 | MLS# 10216591 | Listing updated on 2026-09-17

$255,000

Views: 17

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,506sqft

Single family home for sale

945 Faxon Ave, Memphis, TN 38105

Keller Williams Listing provided by MAAR

Photo 1 of Single family home for sale at 880 Blythe St, Memphis, TN 38104 | MLS# 10221935 | Listing updated on 2026-09-25

$250,000

Views: 11

Bedrooms: 2Bds

Bathrooms: 2Ba

Area: 966sqft

Single family home for sale

880 Blythe St, Memphis, TN 38104

River City Land Co., Llc Listing provided by MAAR

Photo 1 of Single family home for sale at 899 N Watkins St, Memphis, TN 38107 | MLS# 10232098 | Listing updated on 2026-10-27

$250,000

Views: 7

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,881sqft

Single family home for sale

899 N Watkins St, Memphis, TN 38107

Coldwell Banker Collins-Maury Listing provided by MAAR

Photo 1 of Land for sale at 0 Vance Ave, Memphis, TN 38103 | MLS# 10221067 | Listing updated on 2026-05-08

$250,000

Views: 12

Bedrooms: --Bds

Bathrooms: --Ba

Area: 6,969.6sqft lot

Land for sale

0 Vance Ave, Memphis, TN 38103

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

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Photo 1 of Single family home for sale at 5260 Helene Rd, Memphis, TN 38117 | MLS# 10233251 | Listing updated on 2026-10-26

$250,000

Views: 1

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,504sqft

Single family home for sale

5260 Helene Rd, Memphis, TN 38117

John Green & Co., Realtors Listing provided by MAAR

HotHot
Photo 1 of Single family home for sale at 1482 Court Ave, Memphis, TN 38104 | MLS# 10221497 | Listing updated on 2026-10-30

$250,000

Views: 19

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 2,591sqft

Single family home for sale

1482 Court Ave, Memphis, TN 38104

Mint Realty Group Listing provided by MAAR

Photo 1 of Single family home for sale at 1170 Dearing St, Memphis, TN 38117 | MLS# 10230041 | Listing updated on 2026-10-27

$250,000

Views: 14

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,351sqft

Single family home for sale

1170 Dearing St, Memphis, TN 38117

Coldwell Banker Collins-Maury Listing provided by MAAR

HotHot
Photo 1 of Sale Pending at 924 Meda St, Memphis, TN 38104 | MLS# 10228598 | Listing updated on 2026-10-23

$250,000

Views: 11

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 1,209sqft

Sale Pending

924 Meda St, Memphis, TN 38104

Coldwell Banker Collins-Maury Listing provided by MAAR

Photo 1 of Single family home for sale at 1733 Bender Rd, Memphis, TN 38116 | MLS# 10228073 | Listing updated on 2026-08-10

$250,000

Views: 9

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 9,428sqft

Single family home for sale

1733 Bender Rd, Memphis, TN 38116

Trg Real Estate Services, Llc Listing provided by MAAR

Photo 1 of Single family home for sale at 2097 Elzey Ave, Memphis, TN 38104 | MLS# 10214609 | Listing updated on 2026-10-29

$250,000

Views: 37

Bedrooms: 2Bds

Bathrooms: 2Ba

Area: 1,749sqft

Single family home for sale

2097 Elzey Ave, Memphis, TN 38104

Crye-Leike Inc., Realtors Listing provided by MAAR

Photo 1 of Land for sale at 0 E Holmes Rd, Memphis, TN 38118 | MLS# 10216573 | Listing updated on 2026-06-09

$250,000

Views: 8

Bedrooms: --Bds

Bathrooms: --Ba

Area: 52.56acres lot

Land for sale

0 E Holmes Rd, Memphis, TN 38118

Emmett Baird Realty, Llc Listing provided by MAAR

Showing 757 - 798 of 3,431 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
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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-img
    Based on information from Realtracs® through Nov 1, 2026, 10:15 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, 10:15 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

3,431

Homes Available

Median List Price icon

$ 169,000

Median List Price

Avg on Market icon

70 Days

Avg on Market