The median home value in Memphis, IN is $309,940. This is higher than the county median home value of $213,800. The national median home value is $338,100. The average price of homes sold in Memphis, IN is $309,940. Approximately 90.46% of Memphis homes are owned, compared to 9.54% rented, while 0% 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, Indiana has a population of 790. Memphis is more family-centric than the surrounding county with 34.75% of the households containing married families with children. The county average for households married with children is 28.58%.
The median household income in Memphis, Indiana is $81,111. The median household income for the surrounding county is $62,296 compared to the national median of $69,021. The median age of people living in Memphis is 33.4 years.
The average high temperature in July is 87.4 degrees, with an average low temperature in January of 23.4 degrees. The average rainfall is approximately 45.2 inches per year, with 10.1 inches of snow per year.