Housing in Memphis, FL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$292,000
Median List Price
$339,900
Price Per Sq Ft
$228
Days on Market
68
Active Inventory
25
Months of Supply
4.2
Balanced market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
16.7%
Off Market in 2 Weeks
12.5%
Sale-to-List Ratio
97.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
6
New Listings
5
Pending Sales
8
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$228
Median List $/SF
$262
Memphis vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Memphis is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$292,200
Median Rent
$1,155
Total Housing Units
4,028
Vacancy Rate
16.8%
Owner Occupied
72.2%
Renter Occupied
27.8%
Median Property Tax
$1,824
per year
Monthly Cost (w/ Mortgage)
$1,005
Housing Types
The current median sale price in Memphis, FL is $292,000 according to Redfin data. Homes spend a median of 68 days on the market. 16.7% of homes sold above asking price. The market has 4.2 months of supply. The median price per square foot is $228. The median rent is $1,155 per month (Census ACS). About 72.2% of housing units are owner-occupied. The median year homes were built is 1988. There are 4,028 total housing units.