$199,000
5
--Bds
--Ba
18,295.2sqft lot
Land for sale
Sowell, Realtors Listing provided by MAAR
Land for Sale in Red Acres, Memphis, TN
2 Homes for Sale
Sort by:Newest Listings
$189,000
5
--Bds
--Ba
12,632.4sqft lot
Land for sale
Sowell, Realtors Listing provided by MAAR
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Red Acres, TN Housing Market Overview
Red Acres in Memphis is a buyer's market right now. Homes are selling for 94.95% of asking price and taking an average of 145 days to sell, giving you more time to compare your options, negotiate a better deal, and buy with confidence.
Status
Balanced Market
Days on Market
145
Inventory
4
Sep 2021Feb 2024Feb 2026
Median Home Price
$600,000Down 0.00%
In Feb 2026 · YoY
Sep 2021Feb 2024Feb 2026
Mortgage Rates 30-Yr Fixed
6.23%Down 0.58%
Current rate · YoY
Loan Type
30-Year Fixed
Housing Supply
- Homes For Sale
- 4 Down 0.00%
- Newly Listed Homes
- 3 Down 0.00%
- Months of Supply
- 0.8 Down 0.00%
Housing Demand
- Homes Sold
- 5 Down 0.00%
- Sale-to-List Ratio
- 95% Down 0.00%
- Homes Sold Above List
- 0% Down 0.00%
30-yr fixed rate 6.23% · Data as of Feb 2026 · Source: Houzeo Research.
View Full Red Acres Market ReportNo. of Homes
Prices
Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Oct 9, 2026, 9:45 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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Red Acres, Memphis, TN Housing Market
2
Homes Available
$ 600,000
Median List Price
145 Days
Avg on Market
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For Sale
Price
Beds & Baths
Home Type (1)
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