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Homes for sale under $500k in Memphis
There are currently 1761 homes for sale under $500k in Memphis. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Memphis stay on the market for 79 days and receive 1 offers. Popular neighborhoods include Downtown Memphis, Raleigh, East Memphis, Midtown, and Cordova. This map is refreshed with the newest listings in Memphis every 15 minutes.
In the past month, 300 homes have been sold in Memphis. In addition to houses in Memphis, there were also 253 condos, 51 townhouses, and 79 multi-family units for sale in Memphis last month. Memphis is a minimally walkable city in Shelby County with a Walk Score of 35. Memphis is home to approximately 647,889 people and 401,774 jobs. Find your dream home in Memphis using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Memphis are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Memphis. Our Memphis real estate stats and trends will give you more information about home buying and selling trends in Memphis. If you're looking to sell your home in the Memphis area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Memphis with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.
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Popular Markets in Tennessee
- Nashville homes for sale$539,900
- Franklin homes for sale$859,450
- Knoxville homes for sale$333,950
- Chattanooga homes for sale$390,500
- Memphis homes for sale$200,000
- Murfreesboro homes for sale$474,500
Based on information submitted to the MLS GRID as of Wed Feb 05 2025. 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.
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