Is now a good time to sell in Memphis?

Probably not, unless you need to move. The Sold Score for Memphis is 38/100 in September 2026 (Challenging Market Conditions) — homes still close, but you'll likely accept a longer timeline or a lower price than a year ago. Pending ratio is 0.31 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is up +8.1% year over year, expanding the pool you're competing in. Median days on market sit at 72. 38.8% of active listings have already reduced asking price. — Live indicators (September 2026): Sold Score: 38/100 (Challenging Market Conditions) · Pending ratio: 0.31 · Inventory YoY: +8.1% · Median days on market: 72 · Sellers cutting price: 38.8% · Median listing price: $299,950 (-8.7% YoY)