Housing in Memphis, NE

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — March 2025

Median Sale Price

$265,000

Median List Price

N/A

Price Per Sq Ft

$98

Days on Market

19

Active Inventory

N/A

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

98.1%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

1

Pending Sales

1

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$98

Memphis vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Memphis is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$183,300

Median Rent

N/A

Total Housing Units

56

Vacancy Rate

33.9%

Owner Occupied

59.5%

Renter Occupied

40.5%

Median Property Tax

$2,125

per year

Monthly Cost (w/ Mortgage)

$1,000

Housing Types

Single Family
46.4%
Multi-Family
0.0%
Mobile Home
53.6%

The current median sale price in Memphis, NE is $265,000 according to Redfin data. Homes spend a median of 19 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $98. About 59.5% of housing units are owner-occupied. The median year homes were built is 1980. There are 56 total housing units.