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Memphis, TN Short Sale Homes for Sale

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  • 767 Ayers St, Memphis, TN 38107
    767 Ayers St, Memphis, TN 38107
    767 Ayers St, Memphis, TN 38107
    /6

    $80,000

    • 4 Beds
    • 1.5 Baths
    • 977 Sq Ft

    767 Ayers St, Memphis, TN 38107

    SHORT SALE: 4 bedrooms 1 full bath and 1 half bath, living room and kitchen, SELLING AS IS, iNVESTORS WELCOME

    Christine Abston REMAX Experts

    767 Ayers St, Memphis, TN 38107
  • 5469 Ross Rd, Memphis, TN 38141
    5469 Ross Rd, Memphis, TN 38141
    /2

    $193,000

    • 3 Beds
    • 2 Baths
    • 1,200+ Sq Ft

    5469 Ross Rd, Memphis, TN 38141

    This is an AS-IS, cash buyer Short Sale located in a prime location. Property needs work. No blind offers. Offers have been submitted to the short sale lender!!

    Sherry Cole John Green & Co., REALTORS

    5469 Ross Rd, Memphis, TN 38141
Tennessee Memphis

Short Sale Homes for Sale in Memphis, TN

Home Trends in Memphis, TN

On average, homes in Memphis, TN sell after 54 days on the market compared to the national average of 47 days. The average sale price for homes in Memphis, TN over the last 12 months is $235,663, up 1% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)
$191,500
Median Single Family Price
$197,000
Median Townhouse Price
$398,500
Median 2 Bedroom Price
$169,900
Median 1 Bedroom Price
$160,000
Average Price Per Sq Ft
$133
Number of Homes for Sale
1,942
Last 12 months Home Sales
6,050
Months of Supply
3.90
Median List Price
$205,500
Median Discount From 1st List Price
4%
Median Home Sale Price YoY Change
1%
How to Buy a Home How to Finance a Home How to Sell a Home

In Memphis, there are currently 2 short sale homes. A short sale occurs when the lender accepts payment lower than the outstanding mortgage amount from the homeowner. This real estate option can offer buyers an opportunity to secure property at a discounted price, ideal for those seeking value in the market. Browse a selection of short sale homes in Memphis, TN that offer a unique opportunity for savvy buyers.

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