Memphis, MS Real Estate

According to census data in the year 2000 there were 20 housing units in Memphis. This represents a 0% decline from 20 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 20 were located in what is classified as a rural area.

Homeownership rate in Memphis is about 100%. Average household size is 2.75 people.

The majority of houses, apartments or condos in Memphis were built after 1996.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms0%
Three Bedrooms65%
Four Bedrooms35%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1996
Median Value of occupied units$137,500

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage17.60%
Home Equity Loan11.80%
Simple Mortgage29.40%
Debt Free41.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs12.5%