A+
4%
Med. Home Val. NAT. AVG.
13%
Rent NAT. AVG.
40%
Owner Occ. NAT. AVG.
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Memphis Housing Information

IndexMemphisIndianaNational
Median home price$178,000$126,500$184,700
Median rent asked$1,075$758$949
Avg. people per household2.12.52.6
Owner occupied households89.2%68.7%63.6%
Renter occupied households10.8%31.3%36.4%
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Housing Quick Facts

  • The median home price in Memphis is 4% lower than the national average.
  • The median rent asked in Memphis is 13% higher than the national average.
  • The average number of people per household in Memphis is 21% lower than the national average.
  • The number of owner occupied households in Memphis is 40% higher than the national average.
  • The number of renter occupied households in Memphis is 70% lower than the national average.

Compare Memphis, IN Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      New Pekin, IN1,149$88,10052%
      Little York, IN267$97,70047%
      Scottsburg, IN6,715$100,80045%
      New Washington, IN571$112,50039%
      Borden, IN1,448$127,60031%
      Memphis, IN866$178,0004%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Jarratt, VA866$131,50029%
      Harlem, MT866$76,70058%
      Frenchburg, KY866$91,90050%
      Pennville, IN866$70,60062%
      Francesville, IN866$95,30048%
      Memphis, IN866$178,0004%
      Source: The Memphis, IN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).