MEMPHIS, Tenn., Feb. 11, 2026 – Memphis-area home sales for January decreased 34.5 percent from a year ago, with 765 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were down 33.7 percent from December, when there were 1,154 total sales. The average sales price from January to January decreased 5.5 percent, to $236,238. Inventory decreased 1.7 percent, with 4,007 units listed for sale. January average DOM was 64, a 14.3 percent increase from the previous month. Sales volume YTD decreased 38.1 percent, to $180.7 million.
January Comparison
2026 |
2025 |
Percentage Change |
|
Total Home Sales |
765 | 1,168 | -34.5% |
Median Sales Price |
$200,00 | $190,000 | +5.3% |
Average Sales Price |
$236,238 | $249,999 | -5.5% |
Monthly Sales Volume |
$180.7 million | $292 million | -38.1% |
Year-to-Date Comparison
2026 |
2025 |
Percentage Change |
|
Total Home Sales |
765 | 1,168 | -34.5% |
Median Sales Price |
$200,000 | $190,000 | +5.3% |
Average Sales Price |
$236,238 | $249,999 | -5.5% |
Monthly Sales Volume |
$180.7 billion | $292 billion | -38.1% |
“The ice storm had a major impact on business for everyone,” said MAAR President Tim O’Hare. “January is slow anyway, but people could not get out and that just stopped everything.”
Historical home sale statistics are also available for comparison.