Get a Fast Cash Offer for Your Memphis Home Today
Get a fast, fair cash offer for your Memphis home. We connect you with a certified Owner Advocate who buys houses in any condition – no repairs, no fees, no commissions. Close in as little as 7 days.
Memphis Tennessee Housing Market Overview
The Memphis housing market continues to show resilience, with current median home prices reaching $171,000, reflecting a steady 2.4% increase from 2024. Properties in Memphis typically spend about 40 days on the market, indicating an active but balanced selling environment. The market remains somewhat competitive, with 13.2% of homes selling above their list price.
Recent trends reveal interesting dynamics for sellers in the Memphis area. While the price per square foot has seen a modest uptick of 0.8% to $121, the market maintains a healthy 95.5% sale-to-list price ratio. Current data shows a slight dip in monthly sales volume, with 454 homes sold compared to 462 in 2024. About 28.5% of listings have experienced price adjustments, suggesting the importance of strategic pricing in today’s market.
Recent trends reveal interesting dynamics for sellers in the Memphis area. While the price per square foot has seen a modest uptick of 0.8% to $121, the market maintains a healthy 95.5% sale-to-list price ratio. Current data shows a slight dip in monthly sales volume, with 454 homes sold compared to 462 in 2024. About 28.5% of listings have experienced price adjustments, suggesting the importance of strategic pricing in today’s market.
Why now is a good time to sell your property in Memphis Tennessee
We serve throughout the Memphis area, including Downtown Memphis, East Memphis, Germantown, Cordova, Collierville, Bartlett, Arlington, and Lakeland. Owner Advocate connects sellers with qualified buyers across the entire Memphis metro area. Our local connections span all neighborhoods, where homes average $171,000 and typically spend 40 days listed. We facilitate sales of all property types in any condition, offering the same streamlined process and fair cash offers throughout Shelby County.
Experience a Better Way to Sell Your Memphis Home
Benefits of Owner Advocate
In today’s Memphis market, where properties average 40 days to sell and 28.5% face price reductions, our streamlined process offers certainty and speed. Our network of buyers purchases homes as-is throughout Memphis and surrounding areas, eliminating the typical hurdles of traditional sales.
Simple 4-Step Process to Sell Your Home
The process includes initial contact, followed by a single property visit, then a fast cash offer, and finally choosing a closing date. We’ve streamlined everything to save you time and stress. Our team manages all paperwork and closing costs, whether you’re in East Memphis, Germantown, or anywhere in the metro area. Skip the traditional 40-day market wait — receive your cash offer and close on your schedule.
The process includes initial contact, followed by a single property visit, then a fast cash offer, and finally choosing a closing date. We’ve streamlined everything to save you time and stress. Our team manages all paperwork and closing costs, whether you’re in East Memphis, Germantown, or anywhere in the metro area. Skip the traditional 40-day market wait — receive your cash offer and close on your schedule.
$171,000
Median Sale Price
95.5%
List Price to Sale Price Ratio
40
Median Days on Market
$121
Price Per Square Foot
13.2%
Percent of Sales Over List Price
28.5%
Percent of Listings with Price Cuts
454
Number of Homes Sold (Month)
(Metrics from Redfin)
How does this data help me?
The Owner Advocate displays market data by showing market changes in locations across the USA
Memphis Key Takeaways
Median Sale Price:
$171,000
Scottsdale housing market is changing
$171,000
The average home value is $171,000 and goes to pending in around 40 days.
40
Average Days on Market
on average for MLS listed homes
Don't wait!
Now is a great time to sell your home.
Now is a great time to sell your home.
Get the best cash offer for your property
Your home has more value than you might expect.
Why now is a good time to sell your property in Memphis Tennessee?
Why Choose a Fast Home Sale?
Life’s unexpected changes often require quick decisions about your home. When facing situations like job transfers, financial challenges, or inherited properties, a fast sale provides immediate solutions. In Memphis’s current market, traditional sales average 40 days — an extended time that many sellers cannot afford to wait.
Common situations include avoiding foreclosure or mounting debts, resolving divorce property settlements, managing inherited properties, relocating for work opportunities, or preventing additional maintenance costs.
Our fast-sale approach helps you avoid:
Life’s unexpected changes often require quick decisions about your home. When facing situations like job transfers, financial challenges, or inherited properties, a fast sale provides immediate solutions. In Memphis’s current market, traditional sales average 40 days — an extended time that many sellers cannot afford to wait.
Common situations include avoiding foreclosure or mounting debts, resolving divorce property settlements, managing inherited properties, relocating for work opportunities, or preventing additional maintenance costs.
Our fast-sale approach helps you avoid:
- Extended market wait times
- Costly repairs and updates
- Uncertain buyer financing
- Traditional real estate commissions
Frequently Asked Questions About Selling Your Memphis Home
Q: How quickly can you close on my Memphis home?
A: We can close in as few as 10 days, but you choose the timeline. As local buyers, we offer complete closing date flexibility.
Q: Do you buy homes in as-is condition?
A: Yes, we purchase Memphis homes in any condition — no repairs, cleaning, or updates needed. We handle all improvements after purchase.
Q: Are there any fees or commissions?
A: None. We cover all closing costs with no realtor commissions. Our offer is what you receive — no hidden charges.
Q: How does your process work?
A: Contact us, receive a cash offer within 72 hours, accept if you choose, then close on your schedule. One showing only, and you pick your move-out date.
Q: Which areas do you serve?
A: We buy homes throughout greater Memphis, including Shelby, Fayette, and Tipton counties, plus nearby areas in Mississippi and Arkansas.
Get Top Dollar for your Home
Sell Your Memphis Home the Easy Way
Skip the traditional market hassles and get connected with a cash buyer in 72 hours. While Memphis homes typically spend 40 days listed with a 28.5% chance of price reductions, Owner Advocate offers a guaranteed fast close in as few as 10 days.
No repairs needed. No showings required. No commissions or closing costs. Just a straightforward path to selling your home on your terms.
Contact Owner Advocate today for your no-obligation cash offer and experience a simple method to sell your Memphis home.
Why Choose Us:
Skip the traditional market hassles and get connected with a cash buyer in 72 hours. While Memphis homes typically spend 40 days listed with a 28.5% chance of price reductions, Owner Advocate offers a guaranteed fast close in as few as 10 days.
No repairs needed. No showings required. No commissions or closing costs. Just a straightforward path to selling your home on your terms.
Contact Owner Advocate today for your no-obligation cash offer and experience a simple method to sell your Memphis home.
Why Choose Us:
- Close in as few as 10 days
- No repairs or renovations needed
- Skip multiple showings and staging
- Choose your closing date