Housing · Memphis

Memphis, FL housing market

Homes typically sell in 35 days, below asking.

Home values, sales, trends and how Memphis compares with the towns next door — updated as new data is published.

The market right now

Memphis at a glance

Median sale price
$321K
May 2026 · Redfin
Days on market
35
Florida: 66 days
Sale-to-list
98%
Homes sell below asking
Homes sold
8
in May · 14 for sale
Market temperature

A strong seller's market

Buyer's marketBalancedSeller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Nearby

Memphis and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Memphis — — 35 $74,839
Palmetto $350K −3.4% 79 $62,621
Ellenton $388K −4.7% 131 $71,402
Affordability

4.2 years of income

The typical Memphis home costs about 4.2 years of the town's median household income, less than across Florida (5 years).

How Memphis ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
81.2%
Florida: 67.6%
Median tax bill
$1,839
Florida: $2,730
Median rent
$1,173
Florida: $1,669
Typical home built
1987
Florida: 1988

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Memphis

Florida · FL
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Memphis is your selected town. The feed includes posts assigned to this town, not a distance radius or ZIP code.

Neighborhoods narrow the feed further, while townwide announcements, events, and issues remain visible.

Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/19 · 2025-01-01