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Homes for Sale Under 500K in Memphis, TN

3,430 Homes for Sale

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Open House
Photo 1 of Single family home for sale at 7455 Wood Rail Cv, Memphis, TN 38119 | MLS# 10217686 | Listing updated on 2026-10-17

$469,900

Views: 19

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 3,630sqft

Single family home for sale

7455 Wood Rail Cv, Memphis, TN 38119

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

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Photo 1 of Single family home for sale at 3308 Gallery Dr, Memphis, TN 38125 | MLS# 10226860 | Listing updated on 2026-10-27

$465,000

Views: 10

Bedrooms: 4Bds

Bathrooms: 4Ba

Area: 3,223sqft

Single family home for sale

3308 Gallery Dr, Memphis, TN 38125

Marx-Bensdorf, Realtors Listing provided by MAAR

Photo 1 of Multi family home for sale at 339 Marianna St, Memphis, TN 38111 | MLS# 10200450 | Listing updated on 2026-07-27

$460,000

Views: 15

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 2,738sqft

Multi family home for sale

339 Marianna St, Memphis, TN 38111

Weichert, Realtors-Benchmark Listing provided by MAAR

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Photo 1 of Single family home for sale at 7816 Wood Glen Cv, Cordova, TN 38016 | MLS# 10230346 | Listing updated on 2026-10-19

$459,000

Views: 9

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 3,837sqft

Single family home for sale

7816 Wood Glen Cv, Cordova, TN 38016

Coldwell Banker Collins-Maury Listing provided by MAAR

Open House
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Photo 1 of Single family home for sale at 1605 Vinton Ave, Memphis, TN 38104 | MLS# 10227091 | Listing updated on 2026-09-29

$455,000

Views: 10

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 2,779sqft

Single family home for sale

1605 Vinton Ave, Memphis, TN 38104

Marx-Bensdorf, Realtors Listing provided by MAAR

HotHot
Photo 1 of Land for sale at E Holmes Rd, Memphis, TN 38118 | MLS# 10231487 | Listing updated on 2026-10-14

$450,000

Views: 11

Bedrooms: --Bds

Bathrooms: --Ba

Area: 17.86acres lot

Land for sale

E Holmes Rd, Memphis, TN 38118

Keller Williams Realty Listing provided by MAAR

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Photo 1 of Single family home for sale at 1361 Vinton Ave, Memphis, TN 38104 | MLS# 10218168 | Listing updated on 2026-10-30

$449,000

Views: 13

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 3,527sqft

Single family home for sale

1361 Vinton Ave, Memphis, TN 38104

Bhhs Mclemore & Co., Realty Listing provided by MAAR

Photo 1 of Single family home for sale at 496 Melody Ln, Memphis, TN 38120 | MLS# 10215533 | Listing updated on 2026-10-22

$448,500

Views: 13

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,960sqft

Single family home for sale

496 Melody Ln, Memphis, TN 38120

Conner & Shirley, Realtors Listing provided by MAAR

HotHot
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Photo 1 of Single family home for sale at 1643 Vinton Ave, Memphis, TN 38104 | MLS# 10214133 | Listing updated on 2026-08-26

$445,000

Views: 16

Bedrooms: 3Bds

Bathrooms: 3Ba

Area: 2,629sqft

Single family home for sale

1643 Vinton Ave, Memphis, TN 38104

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

Photo 1 of Single family home for sale at 937 Meda St, Memphis, TN 38104 | MLS# 10221808 | Listing updated on 2026-09-15

$443,000

Views: 15

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 2,445sqft

Single family home for sale

937 Meda St, Memphis, TN 38104

Local Agency Realty Group Listing provided by MAAR

Photo 1 of Single family home for sale at 7253 Rourke Cir, Memphis, TN 38125 | MLS# 10225389 | Listing updated on 2026-09-29

$440,000

Views: 9

Bedrooms: 5Bds

Bathrooms: 4Ba

Area: 3,900sqft

Single family home for sale

7253 Rourke Cir, Memphis, TN 38125

Coldwell Banker Collins-Maury Listing provided by MAAR

Showing 43 - 84 of 3,430 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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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-img
    Based on information from Realtracs® through Nov 1, 2026, 2:15 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, 2:15 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

3,430

Homes Available

Median List Price icon

$ 169,000

Median List Price

Avg on Market icon

70 Days

Avg on Market