Check out this diverse 329 +/- acres located in the sought after Scotland County, MO! This farm has approximately 105 acres currently being leased. Cash rent for 2024 will be $300/acre. There is also good pasture fully fenced on this farm that can be rented back to owner for an additional $10,000. There is currently a hunting lease on this property on a year to year agreement for $6,000. There is some phenomenal hunting in these timber blocks with tillable food sources surrounding this farm! There is a home on the property that would serve as a good hunting cabin, being sold as is. This farm is set up for anybody looking to run a full time farm. Property has several ponds for water sources. This farm has been meticulously taken care of and you will see that after stepping foot on this beautiful property.
The median home value in Memphis, MO is $99,700. This is lower than the county median home value of $146,120. The national median home value is $338,100. The average price of homes sold in Memphis, MO is $99,700. Approximately 51.6% of Memphis homes are owned, compared to 26.17% rented, while 22.23% are vacant. Memphis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Memphis real estate agent to arrange a tour today!
Memphis, Missouri has a population of 1,773. Memphis is less family-centric than the surrounding county with 28.53% of the households containing married families with children. The county average for households married with children is 34.77%.
The median household income in Memphis, Missouri is $38,094. The median household income for the surrounding county is $48,705 compared to the national median of $69,021. The median age of people living in Memphis is 41.1 years.
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 14 degrees. The average rainfall is approximately 38.5 inches per year, with 19.4 inches of snow per year.