Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 48,007 ↓ 0.5% since 2020 |
| Median Household Income | $72,822 2% below national median |
| Median Home Value | $190,300 |
| Unemployment Rate | 4.6% |
| Median Age | 40.1 years |
| Housing Vacancy Rate | 6.6% |
| Total Land Sales (Past 12 Months) | 200 transactions |
| Active Listings | 200 properties |
| Avg Days on Market | 45 days |
Rural Land Sales (1+ Acres) (Dec 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $15,200 |
| Recent Sales | 59 transactions |
| Avg Days on Market | 52 days |
| Avg Parcel Size | 19.47 acres |
| Active Listings | 76 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Mar 2026New | 15.75 | $267,200 | $16,965 | 3734 Old Brownsville Rd | Bartlett |
| Mar 2026New | 2.08 | $17,800 | $8,558 | New Brownsville Rd | Memphis |
| Mar 2026New | 1.02 | $43,800 | $42,941 | 0 S Lakeview Rd | Memphis |
| Mar 2026New | 1.02 | $43,800 | $42,941 | 0 S Lakeview Rd Lot 17 | Memphis |
| Mar 2026New | 4.00 | $400,000 | $100,000 | 8125 Poplar Pike | Germantown |
| Mar 2026New | 17.86 | $25,000 | $1,400 | 5326 Airways Blvd | Memphis |
| Feb 2026 | 2.20 | $155,000 | $70,455 | 12570 Pinckley Rd | Arlington |
| Feb 2026 | 32.49 | $736,135 | $22,657 | 888 Sycamore Rd | Collierville |
| Feb 2026 | 2.70 | $75,000 | $27,778 | 11737 Stable View Dr #12 | Eads |
| Feb 2026 | 2.70 | $75,000 | $27,778 | 11737 Stable View Dr | Eads |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Feb 2026 | 2.68 | $123,000 | $45,896 | 4491 Airline Rd #6 | Arlington |
| Feb 2026 | 2.68 | $123,000 | $45,896 | 4491 Airline Rd | Arlington |
| Feb 2026 | 3.29 | $326,700 | $99,419 | 3555 Austin Peay Hwy | Memphis |
| Feb 2026 | 4.30 | $189,000 | $43,953 | 0 Macon Rd | Eads |
| Feb 2026 | 2.50 | $22,000 | $8,800 | 9226 Pleasant Ridge Rd | Arlington |
| Feb 2026 | 1.43 | $14,000 | $9,818 | Moonview Rd | Millington |
| Feb 2026 | 2.93 | $400,000 | $136,720 | 9325 Macon Rd | Cordova |
| Feb 2026 | 26.05 | $308,990 | $11,863 | Raleigh Millington Rd | Millington |
| Feb 2026 | 2.48 | $37,000 | $14,919 | 3218 Rast Rd | Millington |
| Feb 2026 | 1.42 | $14,000 | $9,859 | 2714 Moonview Rd | Millington |
| Feb 2026 | 1.40 | $10,000 | $7,143 | 5918 Millington Rd | Millington |
| Jan 2026 | 5.25 | $28,000 | $5,333 | Saint Paul Rd | Millington |
| Jan 2026 | 3.26 | $40,000 | $12,270 | 3781 Austin Peay Hwy | Memphis |
| Jan 2026 | 1.32 | $50,000 | $37,879 | Saint Philip Dr | Memphis |
| Jan 2026 | 144.52 | $95,000 | $657 | Bethuel Church Rd | Millington |
| Jan 2026 | 1.32 | $50,000 | $37,879 | 0 Saint Philip Dr | Memphis |
| Jan 2026 | 1.32 | $50,000 | $37,879 | 0 N Saint Philip Dr Lot 102 | Memphis |
| Jan 2026 | 1.00 | $8,000 | $8,000 | 0 Chapel Rd | Memphis |
| Jan 2026 | 1.00 | $8,000 | $8,000 | 0 Chapel Rd Lot 7 | Memphis |
| Jan 2026 | 2.61 | $32,500 | $12,452 | 5852 Us Highway 51 N | Alexandria |
| Jan 2026 | 3.45 | $450,000 | $130,435 | 3 S Pkwy W | Memphis |
| Jan 2026 | 6.25 | $95,000 | $15,200 | 0 Bethuel Rd Lot 16 | Millington |
| Jan 2026 | 4.70 | $19,950 | $4,245 | 7170 N Watkins Rd | Millington |
| Jan 2026 | 73.39 | $787,500 | $10,730 | Millington Arlington Rd | Arlington |
| Jan 2026 | 94.41 | $787,500 | $8,341 | 0 Millington Arlington Rd | Arlington |
| Jan 2026 | 5.64 | $76,000 | $13,475 | 0 Bethuel Rd Lot 15 | Millington |
| Jan 2026 | 165.09 | $170,000 | $1,030 | 4352 Bolen Huse Rd | Memphis |
| Jan 2026 | 13.78 | $34,000 | $2,467 | Mary Dr | Memphis |
| Jan 2026 | 67.97 | $1,735,500 | $25,533 | Mudville Rd | Millington |
| Jan 2026 | 2.34 | $60,000 | $25,641 | Angelace Cv | Memphis |
| Jan 2026 | 7.11 | $319,500 | $44,937 | 5920 Jetway Dr | Arlington |
| Jan 2026 | 4.00 | $65,000 | $16,262 | Osborntown Rd | Arlington |
| Jan 2026 | 4.00 | $150,000 | $37,500 | 8640 Old Creek Rd | Memphis |
| Dec 2025 | 2.34 | $60,000 | $25,641 | 0 Angelace Cv | Memphis |
| Dec 2025 | 66.80 | $475,000 | $7,111 | 0 W Chambers Rd | Millington |
| Dec 2025 | 2.46 | $30,000 | $12,195 | 3520 Cook Rd | Memphis |
| Dec 2025 | 1.31 | $22,100 | $16,870 | 4386 Society Rd | Arlington |
| Dec 2025 | 3.43 | $41,281 | $12,046 | N Circle Rd | Memphis |
| Dec 2025 | 261.00 | $1,735,500 | $6,649 | 8624 Mudville Rd | Atoka |
| Dec 2025 | 2.63 | $45,000 | $17,110 | 4237 Hickory Run Pl | Eads |
| Dec 2025 | 4.00 | $40,000 | $10,000 | 4103 Range Line Rd | Memphis |
| Dec 2025 | 2.00 | $500,000 | $250,000 | Fox Hill Dr | Germantown |
| Dec 2025 | 5.73 | $90,000 | $15,707 | 0 Bethuel Rd Lot 17 | Millington |
| Dec 2025 | 5.88 | $165,000 | $28,061 | 6065 Old Brunswick Rd | Arlington |
| Dec 2025 | 7.75 | $74,000 | $9,548 | Kansas St | Memphis |
| Dec 2025 | 20.66 | $50,013 | $2,421 | Old Millington Rd | Memphis |
| Dec 2025 | 4.00 | $65,000 | $16,250 | 0 Osborntown Rd | Arlington |
| Dec 2025 | 4.66 | $41,280 | $8,858 | 4710 E Circle Rd | Memphis |
| Dec 2025 | 7.23 | $64,500 | $8,921 | Walsh Rd | Millington |
Suburban/Urban Land Sales (Under 1 Acre) (Dec 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $10,000 |
| Recent Sales | 141 transactions |
| Avg Days on Market | 42 days |
| Avg Parcel Size | 0.27 acres |
| Active Listings | 124 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Mar 2026New | 0.11 | $9,000 | 1390 Wilson St | Memphis |
| Mar 2026New | 0.22 | $35,000 | 3321 Bowen Ave | Memphis |
| Mar 2026New | 0.86 | $485,000 | 5055 Greenway Rd | Memphis |
| Mar 2026New | 0.15 | $15,000 | 3717 E Mallory Ave | Memphis |
| Mar 2026New | 0.23 | $40,000 | 4340 Castle Heights Dr | Memphis |
| Mar 2026New | 0.42 | $7,000 | 0 Silas Rd | Memphis |
| Mar 2026New | 0.39 | $6,000 | 500 George Rd | Memphis |
| Mar 2026New | 0.48 | $43,000 | 4076 Oak Rd | Memphis |
| Mar 2026New | 0.17 | $9,500 | 2045 Pendleton St | Memphis |
| Mar 2026New | 0.17 | $8,000 | 573 Nonconnah Rd | Memphis |
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Mar 2026New | 0.52 | $287,500 | 6190 Shady Grove Ln | Memphis |
| Mar 2026New | 0.41 | $1,433,159 | 1590 Paso Fino Trl | Collierville |
| Mar 2026New | 0.11 | $65,000 | 985 Bruce St | Memphis |
| Feb 2026 | 0.14 | $1,000 | 934 Ayers St | Memphis |
| Feb 2026 | 0.22 | $1,000 | 905 Decatur St | Memphis |
| Feb 2026 | 0.57 | $320,000 | 316 Saint Nick Dr | Memphis |
| Feb 2026 | 0.48 | $43,000 | 4076 Oak Rd | Bartlett |
| Feb 2026 | 0.22 | $9,000 | Hawkins Mill Rd | Memphis |
| Feb 2026 | 0.12 | $1,000 | 837 Decatur St #N | Memphis |
| Feb 2026 | 0.17 | $1,000 | 912 Decatur St | Memphis |
| Feb 2026 | 0.48 | $43,000 | 4076 Oak Rd Lot 1 | Memphis |
| Feb 2026 | 0.57 | $320,000 | 316 Saint Nick Dr #1 | Memphis |
| Feb 2026 | 0.16 | $25,000 | 1677 Nelson Ave | Memphis |
| Feb 2026 | 0.16 | $6,500 | 917 Beatrice St | Memphis |
| Feb 2026 | 0.35 | $50,000 | Copiah Cv | Memphis |
| Feb 2026 | 0.17 | $206,000 | Zodiac Rd | Memphis |
| Feb 2026 | 0.25 | $649,900 | 9600 Grays Hollow Cv | Cordova |
| Feb 2026 | 0.16 | $4,500 | 848 Brandywine Blvd | Memphis |
| Feb 2026 | 0.17 | $47,500 | 4646 Sweet Whisper Ln | Memphis |
| Feb 2026 | 0.37 | $11,000 | 3624 Gillie St | Memphis |
| Feb 2026 | 0.54 | $177,000 | 1834 New Riverdale Rd | Germantown |
| Feb 2026 | 0.16 | $26,000 | 1181 Rayner St | Memphis |
| Feb 2026 | 0.16 | $22,000 | 4369 Wanatah St | Memphis |
| Feb 2026 | 0.11 | $4,500 | 1516 Cella St | Memphis |
| Feb 2026 | 0.16 | $8,000 | 3724 Norris Ave | Memphis |
| Feb 2026 | 0.08 | $5,000 | 2999 Green Rd | Memphis |
| Feb 2026 | 0.34 | $6,500 | Longcrest Rd | Memphis |
| Feb 2026 | 0.34 | $10,000 | Charlotte Rd | Memphis |
| Feb 2026 | 0.34 | $10,000 | 75 Charlotte Cir E | Memphis |
| Feb 2026 | 0.23 | $7,251 | 2648 Fizer Rd | Memphis |
| Feb 2026 | 0.17 | $10,775 | 1853 Glory Cir | Memphis |
| Feb 2026 | 0.14 | $5,270 | Sinclair St | Memphis |
| Feb 2026 | 0.37 | $6,500 | 51 W Brooks Rd | Memphis |
| Feb 2026 | 0.73 | $220,000 | 2288 N Germantown Pkwy | Cordova |
| Feb 2026 | 0.34 | $6,500 | 1230 W Longcrest Rd | Memphis |
| Feb 2026 | 0.73 | $220,000 | 2288 S Germantown Pkwy | Cordova |
| Feb 2026 | 0.12 | $4,000 | 1615 Barton St | Memphis |
| Feb 2026 | 0.11 | $4,000 | 269 Weaver Ave | Memphis |
| Feb 2026 | 0.11 | $4,000 | 275 Weaver Ave | Memphis |
| Feb 2026 | 0.07 | $5,000 | 279 Weaver Ave | Memphis |
| Feb 2026 | 0.08 | $4,000 | 1638 Patton St | Memphis |
| Feb 2026 | 0.06 | $4,000 | 1642 Patton St | Memphis |
| Feb 2026 | 0.18 | $11,500 | 1557 Ragan St | Memphis |
| Feb 2026 | 0.17 | $6,500 | 1415 Kyle St | Memphis |
| Feb 2026 | 0.15 | $6,500 | 1621 Barton St | Memphis |
| Feb 2026 | 0.18 | $6,500 | 1603 Castalia St | Memphis |
| Feb 2026 | 0.30 | $15,000 | 3105 Linda Dr | Memphis |
| Feb 2026 | 0.70 | $363,203 | 2279 Pinnacle Creek Dr | Germantown |
| Feb 2026 | 0.31 | $165,000 | 1621 Painted Horse Pass | Collierville |
| Feb 2026 | 0.70 | $363,203 | 2279 Pinnacle Creek Dr #16 | Germantown |
| Feb 2026 | 0.19 | $6,000 | 41 W Waldorf Ave | Memphis |
| Feb 2026 | 0.47 | $51,000 | 11257 Highway 64 | Arlington |
| Feb 2026 | 0.74 | $233,500 | 275 Miss Camryn Ln | Collierville |
| Feb 2026 | 0.18 | $5,000 | 1531 Hamilton St | Memphis |
| Feb 2026 | 0.07 | $12,500 | Douglass Ave | Memphis |
| Feb 2026 | 0.34 | $10,000 | 3233 Charlotte Rd | Memphis |
| Feb 2026 | 0.34 | $10,000 | 3247 Charlotte Rd | Memphis |
| Feb 2026 | 0.13 | $460,545 | 5414 Ardsley Dr | Arlington |
| Feb 2026 | 0.48 | $51,000 | 11257 Us Highway 64 | Arlington |
| Feb 2026 | 0.17 | $7,000 | 4880 Sybil Rd | Memphis |
| Feb 2026 | 0.16 | $6,000 | 1206 Englewood St | Memphis |
| Feb 2026 | 0.26 | $12,000 | 2325 Whitney Ave | Memphis |
| Feb 2026 | 0.15 | $9,500 | 2911 Elbert Dr | Memphis |
| Feb 2026 | 0.53 | $4,000 | 674 Delta Rd | Memphis |
| Feb 2026 | 0.20 | $57,000 | 1200 Dorothy Pl | Memphis |
| Feb 2026 | 0.22 | $150,000 | 1335 Kate Dr | Collierville |
| Feb 2026 | 0.14 | $449,951 | 4846 Zander Ln | Collierville |
| Feb 2026 | 0.08 | $5,000 | 2999 S Green Rd | Memphis |
| Feb 2026 | 0.13 | $12,500 | 2842 Douglass Ave | Memphis |
| Feb 2026 | 0.17 | $4,500 | 722 Harrell St | Memphis |
| Feb 2026 | 0.12 | $3,000 | Andy Rd | Memphis |
| Feb 2026 | 0.11 | $4,000 | 185 Modder Ave | Memphis |
| Feb 2026 | 0.14 | $4,000 | 137 W Ingle Ave | Memphis |
| Feb 2026 | 0.24 | $100,000 | 275 Mossberry Ln | Collierville |
| Jan 2026 | 0.17 | $16,500 | 876 Inez St | Memphis |
| Jan 2026 | 0.80 | $35,000 | Palmer Rd | Memphis |
| Jan 2026 | 0.80 | $35,000 | 0 Palmer Rd Lot 17 | Memphis |
| Jan 2026 | 0.80 | $35,000 | 0 Palmer Rd | Memphis |
| Jan 2026 | 0.21 | $10,000 | 815 Atlantic St | Memphis |
| Jan 2026 | 0.45 | $7,000 | 3153 Mountain Terrace St | Memphis |
| Jan 2026 | 0.18 | $210,000 | 259 Washington St | Collierville |
| Jan 2026 | 0.20 | $210,000 | 293 Washington St | Collierville |
| Jan 2026 | 0.14 | $1,000 | 1078 Greenlaw Ave | Memphis |
| Jan 2026 | 0.15 | $1,000 | 915 Faxon Ave | Memphis |
| Jan 2026 | 0.17 | $1,000 | 903 Faxon Ave | Memphis |
| Jan 2026 | 0.41 | $33,000 | 714 N 7th St | Memphis |
| Jan 2026 | 0.11 | $23,200 | Dunnavant St | Memphis |
| Jan 2026 | 0.17 | $5,800 | 1081 Walk Pl | Memphis |
| Jan 2026 | 0.11 | $5,800 | 2332 Golden Ave | Memphis |
| Jan 2026 | 0.20 | $7,000 | 1839 The Oaks Ave | Memphis |
| Jan 2026 | 0.18 | $11,500 | 4994 Frankie Ln | Memphis |
| Jan 2026 | 0.08 | $2,000 | The Oaks Ave | Memphis |
| Jan 2026 | 0.11 | $5,800 | 0 Dunnavant St | Memphis |
| Jan 2026 | 0.17 | $5,800 | 0 Edith Ave | Memphis |
| Jan 2026 | 0.29 | $6,400 | 1309 Rutland Rd | Memphis |
| Jan 2026 | 0.16 | $11,000 | 971 S Wellington St | Memphis |
| Jan 2026 | 0.11 | $11,000 | 979 S Wellington St | Memphis |
| Jan 2026 | 0.32 | $235,000 | 4226 Cedar Point Rd | Lakeland |
| Jan 2026 | 0.13 | $165,000 | 4446 Beacon Hill Dr | Memphis |
| Jan 2026 | 0.70 | $209,500 | 3412 Jewell Rd | Memphis |
| Jan 2026 | 0.08 | $315,000 | 10156 Sterling Ridge Dr | Cordova |
| Jan 2026 | 0.14 | $4,800 | 745 Los Angeles St | Memphis |
| Jan 2026 | 0.29 | $58,000 | Clearwood Rd | Memphis |
| Jan 2026 | 0.20 | $5,000 | 1497 Kansas St | Memphis |
| Jan 2026 | 0.34 | $3,000 | 2441 Haisch Rd | Memphis |
| Jan 2026 | 0.14 | $5,000 | 2740 Supreme Ave | Memphis |
| Jan 2026 | 0.28 | $58,000 | 2892 Clearwood Rd #40 | Memphis |
| Jan 2026 | 0.28 | $58,000 | 2892 Clearwood Rd | Memphis |
| Jan 2026 | 0.22 | $5,000 | 1148 Frayser Blvd | Memphis |
| Jan 2026 | 0.22 | $5,000 | 1142 Frayser Blvd | Memphis |
| Jan 2026 | 0.22 | $5,000 | 1142 Frayser Blvd Lot N-9 | Memphis |
| Jan 2026 | 0.17 | $145,000 | Rosecreek Cv | Memphis |
| Jan 2026 | 0.18 | $7,500 | 1549 Marianna St | Memphis |
| Jan 2026 | 0.91 | $15,000 | 42 E Shelby Dr | Memphis |
| Dec 2025 | 0.14 | $12,000 | 693 Barrett Pl | Memphis |
| Dec 2025 | 0.41 | $32,000 | 1804 S Pkwy E | Memphis |
| Dec 2025 | 0.32 | $3,811 | 3075 Green Rd | Memphis |
| Dec 2025 | 0.29 | $775,000 | 5372 Wheaton Park Ct | Memphis |
| Dec 2025 | 0.11 | $5,000 | 169 W Person Ave | Memphis |
| Dec 2025 | 0.17 | $1,000 | 564 N Manassas St | Memphis |
| Dec 2025 | 0.17 | $1,000 | 1068 Faxon Ave | Memphis |
| Dec 2025 | 0.36 | $10,000 | 3051 Childress Rd | Memphis |
| Dec 2025 | 0.23 | $10,000 | 3055 Childress Rd | Memphis |
| Dec 2025 | 0.23 | $10,000 | 3061 Childress Rd | Memphis |
| Dec 2025 | 0.23 | $10,000 | 3065 Childress Rd | Memphis |
| Dec 2025 | 0.25 | $16,750 | 3 S Pkwy W | Memphis |
| Dec 2025 | 0.19 | $5,000 | 326 Honduras Ave | Memphis |
| Dec 2025 | 0.22 | $25,000 | 3346 Faxon Ave | Memphis |
| Dec 2025 | 0.19 | $18,000 | 3565 Horn Lake Rd | Memphis |
| Dec 2025 | 0.75 | $525,000 | 51 North Hwy | Millington |
| Dec 2025 | 0.22 | $25,000 | 3346 Faxon Ave #W-5 | Memphis |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 922,195 |
| Population (2020) | 929,744 |
| Population Growth | -0.81% |
| Median Household Income | $62,337 |
| Median Home Value | $229,700 |
| Total Housing Units | 403,144 |
| Vacant Housing Units | 42,554 |
| Housing Vacancy Rate | 10.6% |
| Median Age | 35.8 |
| Bachelor's Degree or Higher | 121,963 (13.2%) |
| Unemployment Rate | 4.6% |
Market Overview
Shelby County, Tennessee has a population of 922,195, which has declined 0.81% since 2020. The median household income is $62,337, below the national median of $74,580 by 16.4%. The housing vacancy rate of 10.6% suggests balanced market conditions. Shelby County is part of Tennessee's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $15,200 per acre, with properties averaging 19.50 acres. There are currently 200 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Shelby County, Tennessee?
As of the 2023 American Community Survey, Shelby County has a population of 922,195. The county has declined 0.81% since the 2020 Census.
What is the median household income in Shelby County?
The median household income in Shelby County is $62,337, which is 16.4% below the national median of $74,580.
Is Shelby County growing or shrinking?
Shelby County is shrinking. The population has declined 0.81% since 2020.
What is the housing market like in Shelby County?
The median home value in Shelby County is $229,700. The housing vacancy rate is 10.6%, which suggests balanced market conditions. The unemployment rate is 4.6%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $15,200 per acre. Suburban/urban lots under 1 acre have a median lot price of $10,000.
Does Reelvest buy land in Shelby County, Tennessee?
Yes! Reelvest Properties buys vacant land throughout Tennessee, including Shelby County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.