11/20/2025
Memphis Market Report October 2025
Memphis Area Real Estate Snapshot
Hereโs what happened in our market this past month:
๐ Market Performance โ October 2025
Total Home Sales: 12,902 (โ 3.8% YoY)
Median Sales Price: $223,000 (โ 5.9% YoY)
Average Sales Price: $274,907 (โ 1.9% YoY)
Days on Market: 54 days (slightly lower than last month)
Inventory: Up about 1.7% month-over-month, giving buyers more options
๐ก What This Means for You
Buyers: More inventory + longer days on market = more negotiating power this fall.
Sellers: Prices remain solid, but success depends heavily on strategic pricing, great presentation, and strong marketing.
Investors: Sub-$300K homes remain strong rental and flip opportunities as values continue to hold steady.
๐ Thinking About Buying, Selling, or Investing?
Letโs talk about your goals and create a plan that works for YOU.
Kim Bowden, REALTORยฎ | Licensed TN & MS
๐ก Trust Realty Group
๐ฒ 901-779-6909 Office