The Core · Memphis, TN

Is Now a Good Time to Sell in The Core, Memphis?

The median home in The Core sells for $142,000 with prices up 24% year-over-year. Ridley's flat fee saves you $761.

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The Core Real Estate Market Conditions

43out of 100

Ridley Sell Score

How it's scored →

Cooling

43/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The The Core market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessNeutral

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

Price MomentumFavors sellers

Prices up 23.74727669% year-over-year — vs. -0.3% statewide.

Seller LeverageFavors buyers

Homes selling at 93.23% of asking — buyers are negotiating 6.8% below list. Tennessee average is 97%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Tennessee average of 13%.

Sale SpeedFavors buyers

181 median days on market — 92 days slower than the Tennessee average.

Market UrgencyFavors buyers

0% 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

$142,000

+24%

Days on Market

181

Price per Sq Ft

$183

Sale-to-List Ratio

93.23%

Homes Sold

7

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 The Core?

$0Estimated savings

That covers your moving costs — save 0.5% of your home value

$142,000

$50,000$10M

Traditional Agent (3%)

$4,260

Ridley Pro (flat fee)

$3,499

Ready to sell in The Core?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in The Core

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$4,260$3,499$999
Buyer agent$3,9762.8% avg$2,840~2% avg$2,840~2% avg
Closing costs (~1.5%)$2,130$2,130$2,130
Total cost$10,366$8,469$5,969
You save$761$3,261

Based on the The Core median home price of $142,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in The Core

A flat fee of $3,499 instead of the typical $4,260 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using The Core 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 The Core 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 $761 more

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

FAQ

Common questions about selling in The Core

Ready to sell in The Core?

Save $761

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