09/25/2026
Memphis market check 🚨
August numbers show buyers still have options, but the best homes are not waiting around.
Memphis-area sales hit 1,254 homes, down 6.6% from Aug. 2025 (per MAAR).
Total inventory reached 5,056 homes, down 2.6% year over year (per MAAR).
The median sales price was $238.2K, up 5.9% from last August (per MAAR).
Buyer tip: get your financing fully dialed in before touring, because well-priced homes can still pull quick attention.
Seller tip: pricing matters more than ever—buyers have choices, so launch strong instead of chasing the market later.
Thinking about making a move in Memphis? Let’s talk strategy before the next wave hits.