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Memphis, TN Short Sale Homes for Sale

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  • 1999 Peabody Ave, Memphis, TN 38104
    1999 Peabody Ave, Memphis, TN 38104
    /2

    $250,000

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

    1999 Peabody Ave, Memphis, TN 38104

    This is an attempt at a short sale. This is an investor special. The home needs some work. The work is "almost" exclusively cosmetic though. If you are looking for a fixer upper than this one may be just what you are looking for. ask your agent for interior pictures from the last sale to see what the property looked like in good condition. Cash or conventional loans only. Will not go FHA or VA

    Jaime Osborn Weichert, REALTORS-BenchMark

    1999 Peabody Ave, Memphis, TN 38104
  • 5469 Ross Rd, Memphis, TN 38141
    5469 Ross Rd, Memphis, TN 38141
    /2

    $197,000

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

    5469 Ross Rd, Memphis, TN 38141

    Approved Short Sale!!! This is an AS-IS, cash buyer Short Sale located in a prime unincorporated 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
  • 9325 Beaver Valley Ln, Cordova, TN 38018
    9325 Beaver Valley Ln, Cordova, TN 38018
    9325 Beaver Valley Ln, Cordova, TN 38018
    /36

    $585,000

    • 5 Beds
    • 3.5 Baths
    • 3,800+ Sq Ft

    9325 Beaver Valley Ln, Cordova, TN 38018

    Now a short sale! Welcome to this stunning home located in the prestigious Randle Woods subdivision! Serene oasis backyard w/ sparkling in ground pool! Perfect for entertaining! No city taxes! 5 Bedrooms/ 3.5 Baths, Huge kitchen w/ island, Separate spacious Living Room & Hearth Room, Gleaming hardwood floors, 2 new Carrier AC units, 2 new iron front & side doors, new main pool pump, new attic

    Myles Wilson Keller Williams

    9325 Beaver Valley Ln, Cordova, TN 38018
Tennessee Shelby County Memphis

Short Sale Homes for Sale in Memphis, TN

Home Trends in Memphis, TN

On average, homes in Memphis, TN sell after 63 days on the market compared to the national average of 70 days. The median sale price for homes in Memphis, TN over the last 12 months is $269,000, up 35% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$269,000
Median Single Family Sale Price
$330,445
Median Townhouse Sale Price
$213,000
Median 2 Bedroom Sale Price
$203,000
Median 1 Bedroom Sale Price
$239,000
Average Price Per Sq Ft
$200
Number of Homes for Sale
116
Last 12 months Home Sales
652
Months of Supply
2.10
Median List Price
$299,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
35%
How to Buy a Home How to Finance a Home How to Sell a Home

In Memphis, there are currently 3 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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