Memphis Real Estate Market Conditions

Median sales price
N/A
# Active listings
8
30-day change

Memphis Schools and Demographics

Schools
Demographics

Education near Memphis, TX

	City	County
High School Graduates	70.79	75.13
College Degree - 2 year	3.11	3.32
College Degree - 4 year	10.64	12.7
Graduate Degree	3.77	3.56
Expenditures per Student	12,465	12,465
Students per Teacher	11.7	11.8

Elementary Schools near Memphis, TX

	Grades	Students	P/T Ratio	ZIP
Austin Elementary School	03 - 05	111	11.4	79245
Travis Elementary School	PK - 02	165	13.2	79245

	Grades	Students	P/T Ratio	ZIP
Memphis Middle School	06 - 08	119	11.9	79245

	Grades	Students	P/T Ratio	ZIP
Memphis High School	09 - 12	143	9.3	79245

	Grades	Students	P/T Ratio	ZIP
Hedley School	PK - 12	112	8.5	79237

	City	County
Neighborhood Type	Small Town
Population	2,302	3,102
Population Density	1,026	4
Median Age	42.2	43.2
People per Household	2.5	2.4
Median Household Income	29,605	31,324
Average Income per Capita	19,409	20,022

View Homes for Sale in Memphis

Memphis Real Estate

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.

Memphis Weather

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.