What is the median home price in South Memphis Alliance, Memphis?

The median home price in South Memphis Alliance is $31,000, down 68% year-over-year. Homes sell in a median of 28 days. The sale-to-list ratio is 92.53%.

How much does it cost to sell a home in South Memphis Alliance?

On a $31,000 home in South Memphis Alliance, a traditional agent charges around 3% — about $930. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save -$2,569 while getting MLS listing and expert support.

How long does it take to sell a home in South Memphis Alliance?

The median home in South Memphis Alliance spends 28 days on market. 40% of listings go pending within two weeks. 5 homes sold recently in this neighborhood.

Is South Memphis Alliance a good neighborhood to sell in right now?

South Memphis Alliance had 5 homes sell recently at a median of $31,000. Sellers are getting 92.53% of their asking price. 20% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/Tennessee/Memphis

South Memphis Alliance · Memphis, TN

Is Now a Good Time to Sell in South Memphis Alliance, Memphis?

The median home in South Memphis Alliance sells for $31,000 with prices down 68% year-over-year. Save thousands with Ridley's flat fee.

South Memphis Alliance Real Estate Market Conditions

50out of 100

Ridley Sell Score

How it's scored →

Moderate

50/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The South Memphis Alliance 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 MomentumFavors buyers

Prices down 68.07415035999999% year-over-year — vs. -0.3% statewide.

Seller LeverageFavors buyers

Homes selling at 92.53% of asking — buyers are negotiating 7.5% below list. Tennessee average is 97%.

Bidding ActivityNeutral

20% of homes selling above list price — 54% above the Tennessee average of 13%.

Sale SpeedFavors sellers

28 median days on market — 61 days faster than the Tennessee average.

Market UrgencyFavors sellers

40% 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

$31,000

-68%

Days on Market

Price per Sq Ft

$25

Sale-to-List Ratio

92.53%

Homes Sold

Sold Above List

20%

Pending in 2 Weeks

40%

Source: public market records

Get AI-powered market intelligence

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

Your savings

How much can you save selling in South Memphis Alliance?

$0Estimated savings

That covers your moving costs — save -8.3% of your home value

Your South Memphis Alliance home value

$31,000

$50,000$10M

Traditional Agent (3%)

$930

Ridley Pro (flat fee)

$3,499

Ready to sell in South Memphis Alliance?

Get a personalized selling strategy with AI-powered pricing analysis

Get Your Selling Strategy

Cost comparison

Cost to sell in South Memphis Alliance

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$930	$3,499	$999
Buyer agent	$8682.8% avg	$620~2% avg	$620~2% avg
Closing costs (~1.5%)	$465	$465	$465
Total cost	$2,263	$4,584	$2,084
You save	—	-$2,569	-$69

Based on the South Memphis Alliance median home price of $31,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in South Memphis Alliance

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

AI + expert price your home

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

AI prepares your home

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

Listed on MLS & 100+ sites

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