MEMPHIS, Tenn., Jan. 12, 2026 – Memphis-area home sales for December increased 2.5 percent from a year ago, with 1,154 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were up 17.4 percent from November, when there were 983 total sales. The average sales price from December to December increased 9.5 percent, to $274,534. Inventory decreased 8.6 percent, with 4,078 units listed for sale. December average DOM was 56, a 1.8 percent increase from the previous month. Sales volume YTD decreased 1.7 percent, to $4.13 billion.
December Comparison
2025 |
2024 |
Percentage Change |
|
Total Home Sales |
1,154 | 1,126 | +2.5% |
Median Sales Price |
$227,700 | $195,000 | +16.8% |
Average Sales Price |
$274,534 | $250,782 | +9.5% |
Monthly Sales Volume |
$316.8 million | $282.4 million | +12.2% |
Year-to-Date Comparison
2025 |
2024 |
Percentage Change |
|
Total Home Sales |
15,047 | 15,697 | -4.1% |
Median Sales Price |
$224,250 | $210,000 | +6.8% |
Average Sales Price |
$274,658 | $267,773 | +2.1% |
Monthly Sales Volume |
$4.13 billion | $4.20 billion | -1.7% |
“It was a pretty strong December, with the metrics up across the board compared to 2024,” said MAAR’s 2025 President Greg Renfrow. “For the year, median sales price rose 6.8 percent, and average sales price 2.1 percent.”
Historical home sale statistics are also available for comparison.