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Homes for Sale Under 500K in Memphis, TN

3,430 Homes for Sale

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Photo 1 of Single family home for sale at 1726 Nelson Ave, Memphis, TN 38114 | MLS# 10232587 | Listing updated on 2026-10-19

$220,000

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 1,291sqft

Single family home for sale

1726 Nelson Ave, Memphis, TN 38114

Bhhs Mclemore & Co. Realty Listing provided by MAAR

Photo 1 of Single family home for sale at 1067 Shaw Pl, Memphis, TN 38126 | MLS# 10226304 | Listing updated on 2026-07-17

$220,000

Views: 9

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,557sqft

Single family home for sale

1067 Shaw Pl, Memphis, TN 38126

Dreamteam Realty Co Listing provided by MAAR

Photo 1 of Single family home for sale at 4555 Verne Rd, Memphis, TN 38117 | MLS# 10230153 | Listing updated on 2026-10-01

$219,900

Views: 13

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,090sqft

Single family home for sale

4555 Verne Rd, Memphis, TN 38117

Fast Track Realty, Llc Listing provided by MAAR

Photo 1 of Single family home for sale at 4516 Paula Dr, Memphis, TN 38116 | MLS# 10228489 | Listing updated on 2026-10-14

$219,900

Views: 7

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,876sqft

Single family home for sale

4516 Paula Dr, Memphis, TN 38116

Bhhs Taliesyn Realty Listing provided by MAAR

HotHot
Photo 1 of Single family home for sale at 831 N Avalon St, Memphis, TN 38107 | MLS# 10229753 | Listing updated on 2026-09-14

$219,000

Views: 17

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,907sqft

Single family home for sale

831 N Avalon St, Memphis, TN 38107

Crye-Leike Inc., Realtors Listing provided by MAAR

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Photo 1 of Sale Pending at 968 Wilbec Rd, Memphis, TN 38117 | MLS# 10222701 | Listing updated on 2026-10-19

$219,000

Views: 12

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,100sqft

Sale Pending

968 Wilbec Rd, Memphis, TN 38117

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

Photo 1 of Single family home for sale at 1369 Marcia Rd, Memphis, TN 38117 | MLS# 10227033 | Listing updated on 2026-10-30

$219,000

Views: 7

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,553sqft

Single family home for sale

1369 Marcia Rd, Memphis, TN 38117

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

Photo 1 of Single family home for sale at 702 Loeb St, Memphis, TN 38111 | MLS# 10230586 | Listing updated on 2026-09-25

$218,399

Views: 12

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,650sqft

Single family home for sale

702 Loeb St, Memphis, TN 38111

901, Realtors Listing provided by MAAR

Photo 1 of Single family home for sale at 573 Marianna St, Memphis, TN 38111 | MLS# 10231309 | Listing updated on 2026-09-29

$218,000

Views: 3

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,549sqft

Single family home for sale

573 Marianna St, Memphis, TN 38111

Trg Real Estate Services, Llc Listing provided by MAAR

Showing 1,009 - 1,050 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
Sea Isle Park, Memphis Neighborhood Guide
Oakhaven, Memphis Neighborhood Guide
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 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