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Land Foreclosures in Memphis, NE

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Memphis, NE Foreclosures

How much do homes sell for in Memphis, NE?
The average home price is currently $353,886.
What’s the average rental cost in Memphis, NE?
The average rental price in Memphis is $1,298.
What is the most expensive home in Memphis?
The most expensive home sold in Memphis had a price of $2,682,997.
What is currently the cheapest priced home in Memphis, NE?
The cheapest home for sale in Memphis is priced at $35,491.

Living in Memphis, NE

Memphis, NE, is a serene small town ideal for families and individuals looking for a close-knit community. With a variety of outdoor activities and local amenities, it provides a comfortable living environment. Residents enjoy a peaceful lifestyle with access to essential services and recreational opportunities.

Current Market Conditions in Memphis, NE

The current real estate market in Memphis, NE, is experiencing a steady demand, with a balanced inventory of homes available for sale. In the past few months, the market has attracted buyers looking for affordable housing options, contributing to slight price increases in certain segments. The close community ties and the available amenities continue to make Memphis an appealing choice for new residents.

Home Value Estimator For Memphis, NE

There are currently 67 real estate properties in Memphis, NE, with a median automated valuation model (AVM) price of $183,332.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Memphis, NE, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Memphis, NE, is $353,886.00, with the most expensive house in Memphis, NE, topping out at $2,682,997.00 and the cheapest home in Memphis, NE, clocking in at $35,491.00. In other words, there’s something for every potential homebuyer or savvy investor in Memphis, NE!

Rent Prices In Memphis, NE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Memphis, NE, is on a rollercoaster ride. The average rent price in Memphis, NE, is $1,298.00. Indeed, when looking to rent in Memphis, NE, you can expect to pay as little as $640.00 or as much as $2,220.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Memphis, NE -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Memphis, NE Land


Market Trend for Memphis, NE

Total Listings Available: 0

Market Values:

Home Prices from $35,491 to $2,682,997

Average Sales Price: $353,886

Rental Values:

Rental from $640 to $2,220

Average Rent Value: $1,298 / month

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