Is now a good time to sell in Memphis?

Probably not, unless you need to move. The Sold Score for Memphis is 33/100 in May 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 0.38 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is up +16.2% year over year, expanding the pool you're competing in. Median days on market sit at 58. 39.5% of active listings have already reduced asking price. — Live indicators (May 2026): Sold Score: 33/100 (Challenging Market Conditions) · Pending ratio: 0.38 · Inventory YoY: +16.2% · Median days on market: 58 · Sellers cutting price: 39.5% · Median listing price: $302,500 (-12.9% YoY)