Memphis Housing Information - Census

IndexMemphisIndianaNational
Median home price$146,300$126,500$184,700
Median rent asked$0$758$949
Avg. people per household2.72.52.6
Owner occupied households84.7%68.7%63.6%
Renter occupied households15.3%31.3%36.4%

Memphis Housing Information - Zillow

IndexMemphisIndianaNational
Zillow home value index$158,451$132,304$213,146
Year over year appreciation rate3.75%8.27%8.00%
5 year average appreciation rate4.14%4.70%6.57%
10 year average appreciation rate2.29%1.13%1.33%

Did you know?

  • The median home price in Memphis is 21% lower than the national average.
  • The median rent asked in Memphis is 100% lower than the national average.
  • The average number of people per household in Memphis is 4% higher than the national average.
  • The number of owner occupied households in Memphis is 33% higher than the national average.
  • The number of renter occupied households in Memphis is 58% lower than the national average.

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Compare Memphis, IN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
New Pekin, IN1,504$81,70056%
Little York, IN177$93,00050%
Scottsburg, IN6,671$98,90046%
Charlestown, IN7,990$100,50046%
New Albany, IN36,622$110,50040%
Memphis, IN824$146,30021%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Vaughn, MT824$118,50036%
Dexter, IA824$121,90034%
Winfield, PA824$164,30011%
Lilly, PA824$73,50060%
Clay City, IL824$52,50072%
Memphis, IN824$146,30021%
Source: The Memphis, IN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.