Local Market Information

Understand What's Happening in Your Market

Real estate conditions can vary significantly from one community to another. Select an area below to review current pricing, sales activity, market time and other indicators that help put today's Greater Memphis housing market into context.

Select a Market

Choose an area to view its latest available market data.

Latest Market Report

Greater Memphis

A broad look at residential real estate activity across the Memphis-area market.

July 2026 · MAAR
$240K Median Sales Price
1,363 Home Sales
57 Average Days on Market
5,192 Active Inventory
$307K Average Sales Price

What the Numbers Show

Memphis-area sales increased 1.0% from July 2025, while the median sales price increased 0.4%. Inventory was also higher, giving buyers more available choices than a year earlier.

What It Means Locally

The broad Memphis-area numbers provide useful context, but conditions can be very different depending on community, neighborhood, property type and price range. Use the market buttons above for a closer local look.

Community Profile

Greater Memphis Demographic Snapshot

A broad demographic profile of the Memphis, TN-MS-AR metropolitan area.

Population

1,337,653 Population
37.3 Median Age

Households & Housing

527,810 Households
2.5 Persons per Household
$282,900 Median Owner-Occupied Home Value

Economy & Education

$68,124 Median Household Income
31.9% Bachelor's Degree or Higher
24.4 min Mean Travel Time to Work
U.S. Census Bureau ACS 2024 1-year estimates via Census Reporter. View source.
Market Geography

Greater Memphis Market Area

This broad market view is centered on Memphis and the surrounding Greater Memphis region.

Source: Memphis Area Association of REALTORS® Market Statistics . July 2026 figures are the latest MAAR monthly report currently published.

Latest Market Data

Germantown

Current residential market activity in Germantown, Tennessee.

Three Months Ending June 2026 · Redfin
$524,714 Median Sale Price
210 Homes Sold
19 Median Days on Market
98.1% Sale-to-List Price
+10.2% Median Price vs. Last Year

For Germantown Buyers

Germantown remained a relatively fast-moving market during the period, with a 19-day median market time. Buyers should pay close attention to neighborhood-level comparable sales and current competition when preparing an offer.

For Germantown Sellers

The median sale price was higher than the comparable period a year earlier. Property condition, exact location and current competing inventory remain important when deciding how a Germantown home should be positioned.

Community Profile

Germantown Demographic Snapshot

Population, household, housing and economic context for Germantown.

Population

40,673 Population
44.3 Median Age

Households & Housing

15,568 Households
2.6 Persons per Household
$470,800 Median Owner-Occupied Home Value

Economy & Education

$149,920 Median Household Income
71.9% Bachelor's Degree or Higher
22.1 min Mean Travel Time to Work
U.S. Census Bureau ACS 2024 5-year estimates via Census Reporter. View source.
Market Geography

Germantown Market Area

Statistics shown above represent Germantown, Tennessee.

Latest Market Data

Collierville

Current residential market activity in Collierville, Tennessee.

Three Months Ending June 2026 · Redfin
$534,709 Median Sale Price
226 Homes Sold
31 Median Days on Market
98.2% Sale-to-List Price
-2.8% Median Price vs. Last Year

For Collierville Buyers

Collierville buyers saw more completed sales than during the same period a year earlier. With homes taking a median of 31 days to sell, buyers still need to understand pricing and competition within their specific price range.

For Collierville Sellers

The median sale price was modestly lower year over year, while sales volume increased. Pricing against the most recent comparable properties is especially important when market conditions are shifting.

Community Profile

Collierville Demographic Snapshot

Population, household, housing and economic context for Collierville.

Population

51,515 Population
41.0 Median Age

Households & Housing

18,161 Households
2.8 Persons per Household
$485,900 Median Owner-Occupied Home Value

Economy & Education

$138,598 Median Household Income
62.5% Bachelor's Degree or Higher
25.1 min Mean Travel Time to Work
U.S. Census Bureau ACS 2024 5-year estimates via Census Reporter. View source.
Market Geography

Collierville Market Area

Statistics shown above represent Collierville, Tennessee.

Latest Market Data

East Memphis

Current residential market activity across East Memphis.

Three Months Ending June 2026 · Redfin
$339,882 Median Sale Price
201 Homes Sold
38 Median Days on Market
97.5% Sale-to-List Price
+1.9% Median Price vs. Last Year

For East Memphis Buyers

East Memphis includes many distinct neighborhoods and housing types, so the area-wide median is only a starting point. Neighborhood-level sales can be considerably different from the broader East Memphis figures.

For East Memphis Sellers

Median pricing was slightly higher year over year, while market time increased. Condition, location and neighborhood competition can make a significant difference in both pricing and time on market.

Community Profile

East Memphis Demographic Snapshot

ZIP-based profile using 38111, 38117, 38119 and 38120, the East Memphis market area used on this site.

Population

104,483 Population
32.2–44.4 Median Age

Households & Housing

45,329 Households
2.2–2.3 Persons per Household
$190K–$461K Median Owner-Occupied Home Value

Economy & Education

$52.6K–$123.5K Median Household Income
39.1%–70.4% Bachelor's Degree or Higher
17.4–20.2 min Mean Travel Time to Work
U.S. Census Bureau ACS 2024 5-year ZIP Code Tabulation Area estimates via Census Reporter. Ranges show variation among the four ZIP areas. View source. 38117 38119 38120
Market Geography

East Memphis Market Area

For Toni’s East Memphis market reporting, this site uses ZIP codes 38111, 38117, 38119 and 38120.

Latest Market Data

Arlington

Current residential market activity in Arlington, Tennessee.

Three Months Ending June 2026 · Redfin
$442,009 Median Sale Price
82 Homes Sold
21 Median Days on Market
99.5% Sale-to-List Price
-0.1% Median Price vs. Last Year

For Arlington Buyers

Arlington posted a relatively short median market time and a sale-to-list ratio close to asking price. Buyers should compare both newer construction and resale inventory when evaluating value.

For Arlington Sellers

Median pricing was essentially flat compared with the previous year, while sales activity increased. Current nearby competition remains an important factor when setting an asking price.

Community Profile

Arlington Demographic Snapshot

Population, household, housing and economic context for Arlington.

Population

15,205 Population
36.7 Median Age

Households & Housing

4,837 Households
3.1 Persons per Household
$424,400 Median Owner-Occupied Home Value

Economy & Education

$135,105 Median Household Income
51.2% Bachelor's Degree or Higher
27.3 min Mean Travel Time to Work
U.S. Census Bureau ACS 2024 5-year estimates via Census Reporter. View source.
Market Geography

Arlington Market Area

Statistics shown above represent Arlington, Tennessee.

Latest Market Data

Lakeland

Current residential market activity in Lakeland, Tennessee.

Three Months Ending June 2026 · Redfin
$537,208 Median Sale Price
59 Homes Sold
49 Median Days on Market
98.5% Sale-to-List Price
+11.9% Median Price vs. Last Year

For Lakeland Buyers

Lakeland's market includes established homes, larger properties and newer construction. The relatively small number of sales means individual transactions can have a noticeable effect on monthly and quarterly statistics.

For Lakeland Sellers

The median sale price increased compared with the previous year, although market time also increased. Sellers should consider current competing inventory and recent neighborhood sales rather than relying on the citywide median alone.

Community Profile

Lakeland Demographic Snapshot

Population, household, housing and economic context for Lakeland.

Population

14,192 Population
41.0 Median Age

Households & Housing

5,313 Households
2.7 Persons per Household
$388,900 Median Owner-Occupied Home Value

Economy & Education

$116,250 Median Household Income
53.1% Bachelor's Degree or Higher
25.8 min Mean Travel Time to Work
U.S. Census Bureau ACS 2024 5-year estimates via Census Reporter. View source.
Market Geography

Lakeland Market Area

Statistics shown above represent Lakeland, Tennessee.

Latest Market Data

Bartlett

Current residential market activity in Bartlett, Tennessee.

Three Months Ending June 2026 · Redfin
$319,826 Median Sale Price
180 Homes Sold
17 Median Days on Market
98.8% Sale-to-List Price
-3.2% Median Price vs. Last Year

For Bartlett Buyers

Bartlett remained one of the faster-moving markets in this group, with a 17-day median market time. Well-positioned homes can still attract attention quickly.

For Bartlett Sellers

Median pricing was lower than the comparable period a year earlier and sales volume also declined. Accurate pricing against current competition is especially important when market conditions soften.

Community Profile

Bartlett Demographic Snapshot

Population, household, housing and economic context for Bartlett.

Population

56,876 Population
41.2 Median Age

Households & Housing

20,051 Households
2.8 Persons per Household
$310,400 Median Owner-Occupied Home Value

Economy & Education

$102,070 Median Household Income
35.7% Bachelor's Degree or Higher
24.4 min Mean Travel Time to Work
U.S. Census Bureau ACS 2024 5-year estimates via Census Reporter. View source.
Market Geography

Bartlett Market Area

Statistics shown above represent Bartlett, Tennessee.

Latest Market Data

Fayette County

Current residential market activity across Fayette County, including Oakland, Somerville, Piperton, Rossville and surrounding communities.

Three Months Ending June 2026 · Redfin
$393,889 Median Sale Price
83 Homes Sold
43 Median Days on Market
98.9% Sale-to-List Price
+4.9% Median Price vs. Last Year

For Fayette County Buyers

Fayette County covers a wide range of property types, from suburban subdivisions to acreage and rural homes. Countywide statistics provide context, but the relevant comparable market depends heavily on location and property type.

For Fayette County Sellers

Sales activity increased substantially compared with the same period a year earlier while median pricing also rose. Acreage, location, age and property type can create substantial differences within the county.

Community Profile

Fayette County Demographic Snapshot

Population, household, housing and economic context across Fayette County.

Population

43,267 Population
47.4 Median Age

Households & Housing

17,210 Households
2.5 Persons per Household
$340,800 Median Owner-Occupied Home Value

Economy & Education

$88,456 Median Household Income
27.3% Bachelor's Degree or Higher
34.1 min Mean Travel Time to Work
U.S. Census Bureau ACS 2024 5-year estimates via Census Reporter. View source.
Market Geography

Fayette County Market Area

Statistics shown above represent Fayette County, Tennessee, including its incorporated and rural communities.

Putting the Numbers in Context

What Market Reports Can Tell You

For Buyers

Pricing, sales volume and market time can help buyers understand competition and how quickly homes are moving in the communities they are considering.

For Sellers

Recent sales and current market behavior provide important context when discussing pricing, timing and how a property should be positioned.

Local Context Matters

Market statistics are useful, but no citywide or countywide number determines the value of a specific home. Neighborhood, condition, property type and price range all matter.

Have a Question About the Local Market?

Whether you're thinking about buying, selling or simply want to understand what the numbers mean for your neighborhood, Toni can help put the current market into context.

Contact Toni