Memphis, MO Real Estate
According to census data in the year 2000 there were 1,053 housing units in Memphis.
This represents a 0.4% decline from 1,057 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,053 were located in what is classified as a rural area.
Homeownership rate in Memphis is about 71.1%.
Memphis's vacancy rate, including seasonal lodging, is about 15.6%.
Average household size is 2.18 people.
The majority of houses, apartments or condos in Memphis were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 17.90% |
| Two Bedrooms | 38.70% |
| Three Bedrooms | 29.90% |
| Four Bedrooms | 11.40% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $44,000 |
| Median Price asked for vacant units | $37,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $253 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0.70% |
| Home Equity Loan | 3.90% |
| Simple Mortgage | 40.30% |
| Debt Free | 55.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13% |
