Memphis, TX Real Estate
According to census data in the year 2000 there were 1,255 housing units in Memphis.
This represents a 6.6% decline from 1,344 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,255 were located in what is classified as a rural area.
Homeownership rate in Memphis is about 72.5%.
Memphis's vacancy rate, including seasonal lodging, is about 18.1%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Memphis were built after 1959.
|Housing Units by Size|
|Five Bedrooms or more||1%|
Owned Homes, Apartments and Condos
|Average Household Size||2.32|
|Median year structure was built||1959|
|Median Value of occupied units||$29,100|
|Median Price asked for vacant units||$16,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.4|
|Median year structure was built||1960|
|Median Monthly Rent asked for vacant units||$278|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||0.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.1%|