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Buy

Start here

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  • Before you start looking
  • The buying timeline

Afford it

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  • Mortgage calculator
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  • Find a buyer's agent
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3 bedsNew constructionWith a pool
Homes Under $500K in Memphis, TN
2,479 listings

Homes Under $500K in Memphis, TN

Homes Under $500K in Memphis, TN

Show Map
24 of 2,479 Listings
Map

Homes Under $500K in Memphis, TN

24 of 2,479 Listings

  1. 5213 Flowering Peach Dr — photoNew8

Your Memphis agent

DM

Donnie Morrow

Morrow Group eXp Realty

Morrow Group eXp RealtyCall Donnie
Active

$45,000

3 bd · 2 ba · 1,364 sqft

5213 Flowering Peach Dr, Memphis, TN

Kevin Brown · eXp Realty, LLC

  • 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

  • 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

  • 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

  • 1678 Camille Way — photoNew23Active

    $224,900

    3 bd · 2 ba · 1,207 sqft

    1678 Camille Way, Memphis, TN

    Stacy Williams · KAIZEN Realty, LLC

  • 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

  • 4780 McCrory Ave — photoNew29Active

    $149,900

    3 bd · 2 ba · 1,492 sqft

    4780 McCrory Ave, Memphis, TN

    Ashlyn Randall · Keller Williams

  • 3855 Belleau St — photoNew20Active

    $64,900

    3 bd · 1 ba · 1,043 sqft

    3855 Belleau St, Memphis, TN

    Adam Woodring · Mainstay Brokerage, LLC

  • 1828 Tutwiler Ave — photoNew11Active

    $200,000

    3 bd · 2 ba · 1,191 sqft

    1828 Tutwiler Ave, Memphis, TN

    Michael Turley · CrestCore Realty MphsBrokerage

  • 1926 Riverside Blvd — photoNew4Active

    $35,000

    4 bd · 2 ba · 1,316 sqft

    1926 Riverside Blvd, Memphis, TN

    Adam Stanford · My Home Realty, LLC

  • 1875 Mignon Ave — photoNew14Active

    $175,000

    2 bd · 1 ba · 1,177 sqft

    1875 Mignon Ave, Memphis, TN

    Michael Turley · CrestCore Realty MphsBrokerage

  • 301 Elder Rd — photoNew14Active

    $48,500

    2 bd · 1 ba · 808 sqft

    301 Elder Rd, Memphis, TN

    Alicia Boyd · Crye-Leike, Inc., REALTORS

  • 747 Baltimore St — photoNew1Active

    $269,000

    4 bd · 2 ba · 1,581 sqft

    747 Baltimore St, Memphis, TN

    Vivian Denogean · Fast Track Realty, LLC

  • 570 Semple Ave — photoNew1Active

    $99,640

    3 bd · 2 ba · 1,120 sqft

    570 Semple Ave, Memphis, TN

    Lori Brown · Realhome Services & Solutions,

  • 1066 Tanglewood St — photoNew10Active

    $175,000

    2 bd · 1 ba · 992 sqft

    1066 Tanglewood St, Memphis, TN

    Crystal Mitchell · Crye-Leike Inc., REALTORS

  • 1830 Macaulay Ave — photoNew2Active

    $114,900

    3 bd · 2 ba · 1,242 sqft

    1830 Macaulay Ave, Memphis, TN

    Dean Harris · CrestCore Realty MphsBrokerage

  • 3432 Dungreen St — photoNew2Active

    $99,900

    2 bd · 2 ba · 1,200 sqft

    3432 Dungreen St, Memphis, TN

    Dean Harris · CrestCore Realty MphsBrokerage

  • 1557 Hopewell Rd — photoNew12Active

    $167,900

    3 bd · 1 ba · 1,337 sqft

    1557 Hopewell Rd, Memphis, TN

    Marija Tomic · ResiAmerica, Inc.

  • 5090 Belfast Dr — photoNew9Active

    $99,900

    3 bd · 1 ba · 1,191 sqft

    5090 Belfast Dr, Memphis, TN

    Thomas Blanche · Vylla Home

  • 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

  • 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

  • 3636 Terrace Dr — photoNew10Active

    $225,000

    3 bd · 2 ba · 1,194 sqft

    3636 Terrace Dr, Memphis, TN

    Tania Cortes · Pinnacle Realty

  • 1200 Western Park — photoNew17Active

    $77,500

    4 bd · 2 ba · 1,176 sqft

    1200 Western Park, Memphis, TN

    LaQuita Jordan · Trelora Realty

  • 4169 Double Tree Rd — photoNew2Active

    $104,900

    3 bd · 1 ba · 1,210 sqft

    4169 Double Tree Rd, Memphis, TN

    Dean Harris · CrestCore Realty MphsBrokerage

  • 12…104

    Explore Memphis homes

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    Your Memphis agent

    DM

    Donnie Morrow

    Morrow Group eXp Realty

    Morrow Group eXp RealtyCall Donnie

    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.

    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.