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IN area data

Memphis, IN

Memphis, IN.

Population: 3,833 (Census ACS)

Home values & appreciation

Median home value
$305,361
1-year appreciation
+2.1%
3-year appreciation
+7.4%
5-year appreciation
+19.9%
10-year appreciation
+76.4%
All-time peak (2026-03)
$306,936
House Price Index
367.2 (+2.9% YoY)

Market activity

Median sale price
$289,900
Median list price
$312,400
Median days on market
112 days
Sale-to-list ratio
99.1%
Active listings
48
1-year forecast
+1.1%
New listings (monthly)
8

Rents

2-bedroom fair-market rent (HUD reference)
$1,910/mo
3BR fair-market rent
$2,440/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
strongWind, tornado, coldWave, iceStorm, inlandFlooding
FEMA flood zone
A07
Flood risk level
High

Climate (30-year normals)

Annual precipitation
55.8 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
52
Days with Good air quality
146
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
5.7 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Clark Regional Airport (7 mi)
Nearest major airport
Bowman Field (LOU) (18 mi)
Hospitals nearby (~15 mi)
15
Avg hospital rating
2.9 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

Migration

Net migration
+698 tax filers

Housing stock

Median year housing built
2,001
Median annual property tax
$1,390
Households with broadband internet
85.2%

Employment & development

Total county employment
52,790
Average weekly wage
$996
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
665

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents