The median home value in Memphis, TX is $62,600. This is lower than the county median home value of $65,500. The national median home value is $338,100. The average price of homes sold in Memphis, TX is $62,600. Approximately 56.79% of Memphis homes are owned, compared to 22.7% rented, while 20.51% 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 2,208. Memphis is more family-centric than the surrounding county with 22.63% of the households containing married families with children. The county average for households married with children is 21.03%.
The median household income in Memphis, Texas is $41,685. The median household income for the surrounding county is $41,467 compared to the national median of $69,021. The median age of people living in Memphis is 42.3 years.
The average high temperature in July is 96.3 degrees, with an average low temperature in January of 27 degrees. The average rainfall is approximately 22.8 inches per year, with 4.8 inches of snow per year.