Homes Under $700K in Memphis, TN

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23 of 2,619 Listings

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Donnie Morrow

Morrow Group eXp Realty

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New31Active
$329,900
3 bd · 2 ba · 2,144 sqft
8446 Oak Bough CV, Memphis, TN
Leanne Brooks · Crye-Leike, Inc., REALTORS
New29Active
$269,000
3 bd · 1 ba · 1,196 sqft
205 S Reese St, Memphis, TN
Melanie Willer · Crye-Leike, Inc., REALTORS
New26Active
$229,900
4 bd · 2 ba · 1,945 sqft
5859 Scottsdale Ave, Memphis, TN
Camela Henke · Enterprise, REALTORS

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 2026-10-30 21:22:01 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.

About Homes Under $700K in Memphis, TN

Homes Under $700K in Memphis, TN: 2,619 active listings as of October 31, 2026, 23:59 UTC.

Property types among these 2,619 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 type	Listings	Share
Single Family Residence	2,216	84.6%
Condominium	7	0.3%
Townhouse	7	0.3%

Memphis housing market

September 2026

Selling at 96.9% of asking price

Buyers here are paying below asking. MLS · 439 sales · as of Sep 30, 2026

Homes that sold · County records, as of Sep 30, 2026

Median sale price: $150,000$77,271–$255,980 typical range
Price per sq. ft.: $96
Sales: 844
Paid in cash: 38.5%

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Median list price: $169,000
Homes for sale: 2,337
Median days on market: 41 days

Price trend · Assessor repeat sales, as of Sep 30, 2026

Year-over-year: 0.0%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 10, 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

Homes Under $700K in Memphis, TN

Your Memphis agent

Listing data & MLS disclosures

About Homes Under $700K in Memphis, TN

Memphis housing market

Homes that sold · County records, as of Sep 30, 2026

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 10, 2026

Memphis, TN community profile

Explore Memphis homes

Listing data & MLS disclosures

Your Memphis agent

Your Memphis agent

Memphis, TN community profile

Memphis housing market

Homes that sold · County records, as of Sep 30, 2026

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 10, 2026