The median home value in Memphis, TX is $54,700. This is higher than the county median home value of $51,000. The national median home value is $219,700. The average price of homes sold in Memphis, TX is $54,700. Approximately 46.28% of Memphis homes are owned, compared to 30.71% rented, while 23.01% 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, Texas has a population of 2,302. Memphis is more family-centric than the surrounding county with 29.64% of the households containing married families with children. The county average for households married with children is 28.76%.
The median household income in Memphis, Texas is $29,605. The median household income for the surrounding county is $31,324 compared to the national median of $57,652. The median age of people living in Memphis is 42.2 years.
The average high temperature in July is 95.7 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 24.2 inches per year, with 4.3 inches of snow per year.