Market Updates Going into 2026
With the holiday season coming to an end and the beginning of a new year on the horizon, we reflect back on how the year 2025 shaped up and what’s to come in 2026! Do you have big goals for the new year – fitness, professional, or family-oriented?! Maybe your goals include buying a brand new Magnolia Home – a place where you can find true peace of mind in your luxury investment! As you consider the real estate landscape going into the new year, we’ll provide you with what we expect to see in 2026!
Throughout 2025, the Memphis real estate market demonstrated resilience!! Home prices remained steady overall, while buyers approached the market with measured caution. This shift resulted in increased inventory, giving buyers more options and allowing homes to remain on the market longer than in recent years. As a result, pressure eased and the market moved toward a more balanced dynamic between buyers and sellers!
As we enter into 2026, we’re expecting to see a transitional real estate market in Memphis! The continuation of balance is projected, meaning that neither the sellers or the buyers have the majority power pull – they can exist in home-buying harmony!
Market conditions should feel more predictable, mitigating the volatility that we saw in previous years! We will continue to see modest price growth and increase in interest from buyers. In addition, national forecasts suggest mortgage rates could ease modestly through 2026. We expect to see a stimulation in sales activity in Memphis compared to the 2024-2025 market. Navigating both buying and selling requires the perfect timing; supply impacts negotiation power for both buyers and sellers!
Those who were hesitant to buy in 2025 are expected to make their moves in 2026! A decrease in inventory may intensify competition, encouraging buyers to now act more swiftly in this market. Use the decreasing inventory as a gauge for planning your next move! Timing your offer or listing right is key to securing the deal. If you see the home you’ve had your sights on for sale or dream of a new construction available home or new build, buying in 2026 is a healthy decision!
