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Homes Under $200K in Memphis, TN
Realty.com
Buy

Start here

  • Homes for sale by state
  • Home buying tips
  • Before you start looking
  • The buying timeline

Afford it

  • Today's mortgage rates
  • Mortgage calculator
  • How much can I afford?
  • Get pre-approved

Make the deal

  • Writing a winning offer
  • Inspections & appraisals
  • Closing costs, itemized
  • Find a buyer's agent
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  • Buy before you sell

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  • What's worth fixing first
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  • Commercial

1,552 listings

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3 bedsNew constructionWith a pool

Homes Under $200K in Memphis, TN

Homes Under $200K in Memphis, TN

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23 of 1,552 Listings
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Homes Under $200K in Memphis, TN

23 of 1,552 Listings

  1. 1302 E Holmes Rd — photoNew28Active

    $200,000

    3 bd · 2 ba · 1,654 sqft

    1302 E Holmes Rd, Memphis, TN

    Dena Austill · Crye-Leike of MS, Inc.

  2. 4426 Valley CV — photoNew28Active

    $200,000

    3 bd · 2 ba · 1,289 sqft

    4426 Valley CV, Memphis, TN

    Wayne Moody · Epique Realty

  3. 2634 Harvard Ave — photoNew21Active

    $104,900

    2 bd · 1 ba · 1,015 sqft

    2634 Harvard Ave, Memphis, TN

    Joshua Moss · KAIZEN Realty, LLC

  4. 4239 Hobson Rd — photoNew13Active

    $59,900

    3 bd · 1 ba · 910 sqft

    4239 Hobson Rd, Memphis, TN

    Tyler Tapley · Crye-Leike, Inc., REALTORS

  5. 4643 Honeysuckle St — photoNew25Active

    $125,000

    3 bd · 2 ba · 1,334 sqft

    4643 Honeysuckle St, Memphis, TN

    Marc Scheinberg · Keller Williams Realty

  6. 3878 Sybil St — photoNew6Active

    $140,000

    4 bd · 1 ba · 1,648 sqft

    3878 Sybil St, Memphis, TN

    Brett Bernard · The Stamps Real Estate Company

  7. 4677 Christyshire Dr — photoNew31Active

    $124,900

    3 bd · 2 ba · 1,471 sqft

    4677 Christyshire Dr, Memphis, TN

    Sonja Koblas · Trelora Realty

  8. 3248 Lansing Dr — photoNew10Active

    $175,000

    3 bd · 2 ba · 2,055 sqft

    3248 Lansing Dr, Memphis, TN

    Adrian Adair-Boyland · REMAX Experts

  9. 421 S Main St — photoNew25Active

    $189,000

    1 bd · 1 ba · 1,173 sqft

    421 S Main St, Memphis, TN

    Mike Parker · The Firm

  10. 3433 Bradcrest Dr — photoNew25Active

    $100,000

    3 bd · 2 ba · 1,156 sqft

    3433 Bradcrest Dr, Memphis, TN

    Zainab Ba · Keller Williams

  11. 3844 Ajanders Dr — photoNew37Active

    $169,500

    4 bd · 2 ba · 1,296 sqft

    3844 Ajanders Dr, Memphis, TN

    Alissa Anderson · KAIZEN Realty, LLC

  12. 1904 Burnham Ave — photo14Active

    $110,000

    3 bd · 1 ba · 1,059 sqft

    1904 Burnham Ave, Memphis, TN

    Duane Kinnard · Tri-Leake Realty

  13. 66 Monroe Ave — photo37Active

    $159,900

    1 bd · 1 ba · 878 sqft

    66 Monroe Ave, Memphis, TN

    Jeffry Goff · Keller Williams

  14. 4797 Myrlen Dr — photo17Active

    $59,900

    3 bd · 2 ba · 1,685 sqft

    4797 Myrlen Dr, Memphis, TN

    Larrian Currie · One Stop Global Realty

  15. 904 Birch St — photo13Active

    $73,500

    3 bd · 1 ba · 1,302 sqft

    904 Birch St, Memphis, TN

    Christopher Mosby · ResiAmerica Inc

  16. 6637 Quail Covey Dr — photo13Active

    $110,000

    3 bd · 2 ba · 1,348 sqft

    6637 Quail Covey Dr, Memphis, TN

    Scott Housewirth · Crye-Leike Inc., REALTORS

  17. 1845 Patrick Rd — photo26Active

    $199,900

    4 bd · 2 ba · 1,480 sqft

    1845 Patrick Rd, Memphis, TN

    Arlexus Holmes · BHHS Taliesyn Realty

  18. 2823 Misty Bay Dr — photo2Active

    $200,000

    3 bd · 2 ba · 1,263 sqft

    2823 Misty Bay Dr, Memphis, TN

    Melissa Thompson · eXp Realty

  19. 2099 E Shelby Dr E — photo2Active

    $42,500

    2 bd · 2 ba · 1,510 sqft

    2099 E Shelby Dr E, Memphis, TN

    Eddie Parker · Crye-Leike, Inc., REALTORS

  20. 760 E McKellar Ave — photo15Active

    $155,000

    3 bd · 2 ba · 1,516 sqft

    760 E McKellar Ave, Memphis, TN

    Toyraine Smith · Grand Point Realty, LLC

  21. 2675 Woodlawn Ter — photo40Active

    $149,900

    3 bd · 2 ba · 999 sqft

    2675 Woodlawn Ter, Memphis, TN

    Karla Fayne · Keller Williams

  22. 4633 Chancellor CV — photo15Active

    $145,000

    3 bd · 2 ba · 1,741 sqft

    4633 Chancellor CV, Memphis, TN

    Donnie Morrow · eXp Realty, LLC

  23. 1107 McEvers Rd — photo17Active

    $140,000

    2 bd · 1 ba · 1,103 sqft

    1107 McEvers Rd, Memphis, TN

    Tamara Davenport · Keller Williams

12…65

About Homes Under $200K in Memphis, TN

Homes Under $200K in Memphis, TN: 1,552 active listings as of November 15, 2026, 17:47 UTC.

Property types among these 1,552 listings, by the property type each listing’s MLS reports, spelled as the MLS spells it. Types with fewer than 5 listings, and listings whose MLS reports no type, are not shown, so the shares can total less than 100%.
Property typeListingsShare
Single Family Residence1,32385.2%
Condominium60.4%
Townhouse60.4%

Explore Memphis homes

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By feature

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The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is derived from various Multiple Listing Services; each source MLS and its required disclaimer are shown with the listings on the applicable page. Realty.com is an independently owned and operated brokerage.

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Listing data & MLS disclosures

Memphis Area Association of REALTORS
Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright © 2026 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.
Realtracs
Based on information submitted to the MLS GRID as of 2026-11-12 23:44:01 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Memphis housing market

October 2026 · This period is still settling

Memphis 12-month median sale price trend

Selling at 97.3% of asking price

Buyers here are paying below asking. MLS · 385 sales · as of Oct 31, 2026

Homes that sold · County records, as of Oct 26, 2026

Median sale price
$149,000$74,303–$238,000 typical range
Price per sq. ft.
$89
Sales
627
Paid in cash
39.4%

Homes on the market · MLS, as of Oct 18, 2026–Oct 31, 2026

Median list price
$167,000
Homes for sale
2,363
Median days on market
45 days

Price trend · Assessor repeat sales, as of Oct 31, 2026

Year-over-year
-2.3%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 30, 2026

Median home size
1,472 sq. ft.

Memphis, TN community profile

Population
620,546
Median income
$52,646
Housing units
271,170
People per sq. mi.
1,621.5
Area
382.7 sq. mi.

Source: HJN community data