Memphis Area Market Report
Housing market ended 2025 on a high note
Median sales price and average sales price increased compared to 2024.
Market Reports, Memphis-Area Market
Published Monday, January 12, 2026 8:00 amby MAAR Communications
MEMPHIS, Tenn., Jan. 12, 2026 – Memphis-area home sales for December increased 2.5 percent from a year ago, with 1,154 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were up 17.4 percent from November, when there were 983 total sales. The average sales price from December to December increased 9.5 percent, to $274,534. Inventory decreased 8.6 percent, with 4,078 units listed for sale. December average DOM was 56, a 1.8 percent increase from the previous month. Sales volume YTD decreased 1.7 percent, to $4.13 billion. “It was a pretty strong December, with the metrics up across the board compared to 2024,” said MAAR’s 2025 President Greg Renfrow. “For the year, median sales price rose 6.8 percent, and average sales price 2.1 percent.”
Inventory and days on market average stayed consistent.
Market Reports, Memphis-Area Market
Published Monday, December 8, 2025 8:00 amby MAAR Communications
MEMPHIS, Tenn., Dec. 8, 2025 – Memphis-area home sales for November decreased 14.8 percent from a year ago, with 983 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were down 20.3 percent from October, when there were 1,234 total sales. The average sales price from November to November increased 4.6 percent, to $272,414. Inventory decreased 4.1 percent, with 4,462 units listed for sale. November average DOM was 55, a 1.9 percent increase from the previous month. Sales volume YTD decreased 2.6 percent, to $3.82 billion. “Things slowed down a little bit, but that’s not unusual this time of year,” said MAAR President Greg Renfrow. “DOM (days on market) and inventory held steady.”