Memphis, TX Housing Market & City Data

Explore key insights and real experiences from people who call Memphis home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

2,012
Population Estimate
$52,183
Median Home Value
87.3%
Employment Rate
13.3%
Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of September 2026

HOUSING DATA (September 2026)

Median Price per SqFt$56
Median Listing Price$68,375
Median Days on Market56
Active Listings8
New Listings4
Total Listings (Active + Pending)10
Avg Listing Price$116,506
Avg Listing Price Change MoM-8%
Avg Listing Price Change YoY-6%

HOUSEHOLD OVERVIEW

Family Size3.15
Family Dual Income47.1
Median Household Income$33,079
Median Individual Income$18,574
Home Ownership62.7%
Home Value$52,183
Median Rent$517
Rent Burden26.9%
Poverty27.2%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED23.1%
  • Highschool Education28.9%
  • Some College34.6%
  • Bachelors Degree7.9%
  • Graduate Degree5.4%
  • Total College or Above13.3%
  • Stem Degree30.6%

GENDER BREAKDOWN

  • Male49.5%
  • Female50.5%

MARITAL STATUS

  • Married48.8%
  • Divorced16.7%
  • Never Married23.7%
  • Widowed10.9%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityMemphis
State IDTX
Population2,012

AGE BREAKDOWN

Age Group% of Population
Under 1827.9%
19–299.1%
30–3912.1%
40–498.5%
Age Group% of Population
50–5912.2%
60–6915.5%
70–799.4%
80+5.3%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation54.9%
Unemployment Rate12.7%
Disabled19.9%

ETHNICITY

White75.7%
Black5.4%
Asian0.4%
Native American0.9%
Pacific Islander0.0%
Other13.5%
Multiple4.2%

OTHER

Hispanic38.4%
Limited English3.5%
Health Uninsured24.3%
Veteran5.6%

Local Discussions

Community questions and conversations about living in Memphis, TX.

  1. Is Memphis, TX a good place to buy a house?

    Local perspectives on Memphis home prices, buyer demand, neighborhoods, and what to consider before buying a home.

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  2. What are the best neighborhoods in Memphis, TX for families?

    Local insights on Memphis neighborhoods, schools, parks, commute times, and other factors families may want to consider.

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  3. What should home buyers know about the Memphis, TX housing market?

    Local insights on Memphis home prices, housing inventory, buyer competition, and current real estate market conditions.

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  4. Is it better to buy or rent a home in Memphis, TX?

    Compare Memphis home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

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  5. What are the most affordable neighborhoods in Memphis, TX?

    Explore Memphis neighborhoods where home buyers may find more affordable housing options and better value for their budget.

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  6. How much income do you need to buy a house in Memphis, TX?

    Learn how Memphis home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

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  7. How much are property taxes on a home in Memphis, TX?

    Learn how Memphis property taxes are calculated and how they can affect the overall cost of owning a home.

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  8. What are the best neighborhoods in Memphis, TX for first-time home buyers?

    Explore Memphis neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

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  9. What is it like to live in Memphis, TX?

    Local perspectives on Memphis neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

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  10. What should I know before moving to Memphis, TX?

    What newcomers should know about Memphis housing costs, neighborhoods, transportation, weather, and everyday expenses.

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Top Real Estate Agents in Memphis, TX

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Neighborhoods in Memphis, TX

No neighborhoods were found in the current property sample.