Parkway Village · Memphis, TN

Is Now a Good Time to Sell in Parkway Village, Memphis?

The median home in Parkway Village sells for $133,755 with prices up 11% year-over-year. Ridley's flat fee saves you $514.

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Parkway Village Real Estate Market Conditions

54out of 100

Ridley Sell Score

How it's scored →

Moderate

54/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Parkway Village market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Tennessee average is 5.9.

Price MomentumNeutral

Prices up 11% year-over-year — vs. -0.3% statewide.

Seller LeverageFavors buyers

Homes selling at 93.77% of asking — buyers are negotiating 6.2% below list. Tennessee average is 97%.

Bidding ActivityFavors buyers

10.77% of homes selling above list price — 17% below the Tennessee average of 13%.

Sale SpeedFavors sellers

25 median days on market — 64 days faster than the Tennessee average.

Market UrgencyFavors sellers

37.5% of listings go pending within 2 weeks — vs. 22.4% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Tennessee average is 21.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$133,755

+11%

Days on Market

25

Price per Sq Ft

$90

Sale-to-List Ratio

93.77%

Homes Sold

65

Sold Above List

10.77%

Pending in 2 Weeks

37.5%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Memphis — delivered monthly.

Your savings

How much can you save selling in Parkway Village?

$0Estimated savings

That covers your moving costs — save 0.4% of your home value

$133,755

$50,000$10M

Traditional Agent (3%)

$4,013

Ridley Pro (flat fee)

$3,499

Ready to sell in Parkway Village?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Parkway Village

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$4,013$3,499$999
Buyer agent$3,7452.8% avg$2,675~2% avg$2,675~2% avg
Closing costs (~1.5%)$2,006$2,006$2,006
Total cost$9,764$8,180$5,680
You save$514$3,014

Based on the Parkway Village median home price of $133,755. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Parkway Village

A flat fee of $3,499 instead of the typical $4,013 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Parkway Village market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Parkway Village buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $514 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Parkway Village

Ready to sell in Parkway Village?

Save $514

Get Your Selling Strategy