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Homes Under $500K in Memphis, TN
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3 bedsNew constructionWith a pool

Homes Under $500K in Memphis, TN

Homes Under $500K in Memphis, TN

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24 of 2,481 Listings
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Homes Under $500K in Memphis, TN

24 of 2,481 Listings

Your Memphis agent

DM

Donnie Morrow

Morrow Group eXp Realty

Morrow Group eXp RealtyCall Donnie
  1. 5213 Flowering Peach Dr — photoNew8Active

    $45,000

    3 bd · 2 ba · 1,364 sqft

    5213 Flowering Peach Dr, Memphis, TN

    Kevin Brown · eXp Realty, LLC

  2. 2753 Fletcher Park Cir W — photoNew31Active

    $275,000

    3 bd · 2 ba · 1,786 sqft

    2753 Fletcher Park Cir W, Memphis, TN

    Jennifer Arendale · Coldwell Banker Collins-Maury

  3. 4944 Princeton Grove CV — photoNew31Active

    $341,000

    4 bd · 3 ba · 2,458 sqft

    4944 Princeton Grove CV, Memphis, TN

    Barbie Dan · Ware Jones, REALTORS

  4. 1431 Gaither St — photoNew7Active

    $4,000

    2 bd · 1 ba · 1,265 sqft

    1431 Gaither St, Memphis, TN

    Edwin Engelke · United Real Estate Mid South

  5. 1678 Camille Way — photoNew23Active

    $224,900

    3 bd · 2 ba · 1,207 sqft

    1678 Camille Way, Memphis, TN

    Stacy Williams · KAIZEN Realty, LLC

  6. 2195 Poplar Ave — photoNew2Active

    $135,000

    1 bd · 1 ba · 787 sqft

    2195 Poplar Ave, Memphis, TN

    Becca Dickerson · Sowell, Realtors

  7. 64 W Gage Ave — photoNew4Active

    $24,900

    3 bd · 1 ba · 1,434 sqft

    64 W Gage Ave, Memphis, TN

    Terrance Hill · eXp Realty, LLC

  8. 58 S Walnut Bend Dr — photoNew31Active

    $252,500

    4 bd · 2 ba · 2,690 sqft

    58 S Walnut Bend Dr, Memphis, TN

    Danny Freeman · Crye-Leike, Inc., REALTORS

  9. 4780 McCrory Ave — photoNew29Active

    $149,900

    3 bd · 2 ba · 1,492 sqft

    4780 McCrory Ave, Memphis, TN

    Ashlyn Randall · Keller Williams

  10. 3855 Belleau St — photoNew20Active

    $64,900

    3 bd · 1 ba · 1,043 sqft

    3855 Belleau St, Memphis, TN

    Adam Woodring · Mainstay Brokerage, LLC

  11. 1828 Tutwiler Ave — photoNew11Active

    $200,000

    3 bd · 2 ba · 1,191 sqft

    1828 Tutwiler Ave, Memphis, TN

    Michael Turley · CrestCore Realty MphsBrokerage

  12. 1926 Riverside Blvd — photoNew4Active

    $35,000

    4 bd · 2 ba · 1,316 sqft

    1926 Riverside Blvd, Memphis, TN

    Adam Stanford · My Home Realty, LLC

  13. 1875 Mignon Ave — photoNew14Active

    $175,000

    2 bd · 1 ba · 1,177 sqft

    1875 Mignon Ave, Memphis, TN

    Michael Turley · CrestCore Realty MphsBrokerage

  14. 301 Elder Rd — photoNew14Active

    $48,500

    2 bd · 1 ba · 808 sqft

    301 Elder Rd, Memphis, TN

    Alicia Boyd · Crye-Leike, Inc., REALTORS

  15. 2012 Courtland Pl — photoNew24Active

    $275,000

    2 bd · 2 ba · 1,811 sqft

    2012 Courtland Pl, Memphis, TN

    Lauren Harkins Wiuff · Ware Jones, REALTORS

  16. 747 Baltimore St — photoNew1Active

    $269,000

    4 bd · 2 ba · 1,581 sqft

    747 Baltimore St, Memphis, TN

    Vivian Denogean · Fast Track Realty, LLC

  17. 570 Semple Ave — photoNew1Active

    $99,640

    3 bd · 2 ba · 1,120 sqft

    570 Semple Ave, Memphis, TN

    Lori Brown · Realhome Services & Solutions,

  18. 1066 Tanglewood St — photoNew10Active

    $175,000

    2 bd · 1 ba · 992 sqft

    1066 Tanglewood St, Memphis, TN

    Crystal Mitchell · Crye-Leike Inc., REALTORS

  19. 1830 Macaulay Ave — photoNew2Active

    $114,900

    3 bd · 2 ba · 1,242 sqft

    1830 Macaulay Ave, Memphis, TN

    Dean Harris · CrestCore Realty MphsBrokerage

  20. 3432 Dungreen St — photoNew2Active

    $99,900

    2 bd · 2 ba · 1,200 sqft

    3432 Dungreen St, Memphis, TN

    Dean Harris · CrestCore Realty MphsBrokerage

  21. 1557 Hopewell Rd — photoNew12Active

    $167,900

    3 bd · 1 ba · 1,337 sqft

    1557 Hopewell Rd, Memphis, TN

    Marija Tomic · ResiAmerica, Inc.

  22. 5090 Belfast Dr — photoNew9Active

    $99,900

    3 bd · 1 ba · 1,191 sqft

    5090 Belfast Dr, Memphis, TN

    Thomas Blanche · Vylla Home

  23. 3940 Frayser-Raleigh Rdg — photoNew9Active

    $250,000

    3 bd · 3 ba · 2,400 sqft

    3940 Frayser-Raleigh Rdg, Memphis, TN

    Roline Saunders-Austin · BEST Real Estate Company

  24. 3479 Beech Grove Rd — photoNew3Active

    $117,900

    3 bd · 1 ba · 1,089 sqft

    3479 Beech Grove Rd, Memphis, TN

    Dean Harris · CrestCore Realty MphsBrokerage

12…104

About Homes Under $500K in Memphis, TN

Homes Under $500K in Memphis, TN: 2,481 active listings as of November 6, 2026, 20:51 UTC.

Property types among these 2,481 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 Residence2,09884.6%
Condominium80.3%
Townhouse70.3%

Homes Under $500K in nearby cities

  • Homes Under $500K in Collierville
  • Homes Under $500K in Germantown
  • Homes Under $500K in Cordova
  • Homes Under $500K in Arlington
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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.
  • Homes Under $500K in Millington

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    Your Memphis agent

    DM

    Donnie Morrow

    Morrow Group eXp Realty

    Morrow Group eXp RealtyCall Donnie

    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

    Memphis housing market

    October 2026 · This period is still settling

    Memphis 12-month median sale price trend

    Selling at 97.4% of asking price

    Buyers here are paying below asking. MLS · 353 sales · as of Oct 31, 2026

    Homes that sold · County records, as of Oct 21, 2026

    Median sale price
    $149,000$75,000–$235,000 typical range
    Price per sq. ft.
    $90
    Sales
    505
    Paid in cash
    40.4%

    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
    46 days

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

    Year-over-year
    -1.6%

    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.