What is the median home price in South Memphis Planning Dist, Memphis?

The median home price in South Memphis Planning Dist is $80,000, up 11% year-over-year. Homes sell in a median of 42 days. The sale-to-list ratio is 91.35%.

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

On a $80,000 home in South Memphis Planning Dist, a traditional agent charges around 3% — about $2,400. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save -$1,099 while getting MLS listing and expert support.

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

The median home in South Memphis Planning Dist spends 42 days on market. 24.36% of listings go pending within two weeks. 79 homes sold recently in this neighborhood.

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

South Memphis Planning Dist had 79 homes sell recently at a median of $80,000. Sellers are getting 91.35% of their asking price. 16.46% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/Tennessee/Memphis

South Memphis Planning Dist · Memphis, TN

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

The median home in South Memphis Planning Dist sells for $80,000 with prices up 11% year-over-year. Save thousands with Ridley's flat fee.

South Memphis Planning Dist Real Estate Market Conditions

52out of 100

Ridley Sell Score

How it's scored →

Moderate

52/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The South Memphis Planning Dist 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 11.111111110000001% year-over-year — vs. -0.3% statewide.

Seller LeverageFavors buyers

Homes selling at 91.35% of asking — buyers are negotiating 8.7% below list. Tennessee average is 97%.

Bidding ActivityFavors buyers

16.46% of homes selling above list price — 27% above the Tennessee average of 13%.

Sale SpeedFavors sellers

42 median days on market — 47 days faster than the Tennessee average.

Market UrgencyNeutral

24.36% 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

$80,000

+11%

Days on Market

Price per Sq Ft

$71

Sale-to-List Ratio

91.35%

Homes Sold

Sold Above List

16.46%

Pending in 2 Weeks

24.36%

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 South Memphis Planning Dist?

$0Estimated savings

That covers your moving costs — save -1.4% of your home value

Your South Memphis Planning Dist home value

$80,000

$50,000$10M

Traditional Agent (3%)

$2,400

Ridley Pro (flat fee)

$3,499

Ready to sell in South Memphis Planning Dist?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in South Memphis Planning Dist

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$2,400	$3,499	$999
Buyer agent	$2,2402.8% avg	$1,600~2% avg	$1,600~2% avg
Closing costs (~1.5%)	$1,200	$1,200	$1,200
Total cost	$5,840	$6,299	$3,799
You save	—	-$1,099	$1,401

Based on the South Memphis Planning Dist median home price of $80,000. 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 Planning Dist

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 Planning Dist 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 Planning Dist buyers look — plus a custom Ridley listing page with AI chat.