House Prices

House Prices & Home Values Memphis, IN 2026


Average Data

average house price$279,938
average size per house1950 ft²
average price per ft²144 $ / ft²

06/24/2026 - The value range (VR) for house prices in Memphis, IN is $162/ sqft to $162/ sqft. An average home with 1950 sqft costs approximately $315,900 to $315,900. Memphis, IN includes 1 ZIP codes and it is located in Clark county. The lowest prices are found in ZIP 47143, while the highest are in ZIP 47143. The average price per sqare feet is $144. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Memphis

47143175 $ / ft²




Historical development of home values in Memphis

Year Estimated value (USD) Change vs. 2025
2010 $130,008 -53.6%
2011 $124,981 -55.4%
2012 $124,644 -55.5%
2013 $129,303 -53.8%
2014 $135,733 -51.5%
2015 $142,699 -49.0%
2016 $150,146 -46.4%
2017 $158,250 -43.5%
2018 $166,999 -40.3%
2019 $174,742 -37.6%
2020 $183,776 -34.4%
2021 $209,025 -25.3%
2022 $243,676 -13.0%
2023 $256,968 -8.2%
2024 $271,834 -2.9%
2025 $279,938 0.0%

Graph: estimated home values in Memphis over time (USD)



Example: 100% financing house in Memphis

Loan amount: $279,938

Interest rate: 6.00%

Fixed monthly payment: $1,678.37

Breakdown in the 1st month:
Interest portion: $1,399.69  –  Principal portion: $278.68

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,702.77 $3,437.67 $276,500.33
2 $16,490.74 $3,649.70 $272,850.63
3 $16,265.63 $3,874.80 $268,975.82
4 $16,026.64 $4,113.79 $264,862.03
5 $15,772.91 $4,367.52 $260,494.51
6 $15,503.53 $4,636.90 $255,857.60
7 $15,217.54 $4,922.90 $250,934.70
8 $14,913.91 $5,226.53 $245,708.17
9 $14,591.54 $5,548.89 $240,159.28
10 $14,249.30 $5,891.14 $234,268.14
11 $13,885.95 $6,254.49 $228,013.66
12 $13,500.19 $6,640.25 $221,373.41
13 $13,090.63 $7,049.81 $214,323.60
14 $12,655.81 $7,484.62 $206,838.97
15 $12,194.18 $7,946.26 $198,892.71
16 $11,704.07 $8,436.37 $190,456.35
17 $11,183.73 $8,956.70 $181,499.64
18 $10,631.30 $9,509.13 $171,990.51
19 $10,044.80 $10,095.64 $161,894.87
20 $9,422.12 $10,718.31 $151,176.56
21 $8,761.04 $11,379.40 $139,797.16
22 $8,059.19 $12,081.25 $127,715.91
23 $7,314.04 $12,826.40 $114,889.52
24 $6,522.94 $13,617.50 $101,272.01
25 $5,683.04 $14,457.40 $86,814.62
26 $4,791.34 $15,349.10 $71,465.52
27 $3,844.64 $16,295.80 $55,169.72
28 $2,839.55 $17,300.89 $37,868.83
29 $1,772.47 $18,367.97 $19,500.86
30 $639.57 $19,500.86 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Memphis, IN


1500 sqft3900 sqft
Ø selling price$261,361$555,984
Ø fast selling$237,601$500,386
Ø high price sale$285,120$611,583

In 2026, houses in Memphis, IN will be offered at an average price of $144 per square foot. A 1,500 sqft home priced at $261,361 is 24.75% more expensive per square foot than a 3,900 sqft home priced at $555,984. Home prices in Memphis, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $384,913. Sellers who can wait longer may achieve a higher price of up to $470,449.


Discover Memphis, IN

Location and Access

Memphis, IN is a small unincorporated community in Clark County, Indiana, offering a peaceful, small?town feel.
Conveniently located just off Interstate 65, it sits within the greater Louisville metro area for easy commuting and regional access.

Community and Amenities

Visitors and residents appreciate the blend of rural scenery and practical amenities that make Memphis, Indiana a comfortable place to live.
Local eateries, services, and family?owned shops anchor community life, while larger retail and dining options are a short drive away in nearby towns.

Outdoors and Recreation

Outdoor lovers enjoy quick access to Clark State Forest and Deam Lake State Recreation Area for hiking, fishing, and camping.
Parks, ball fields, and seasonal events help foster connections and create year?round things to do in Memphis, IN.

Living and Real Estate

Housing in the area ranges from classic farmhouses to newer builds, with spacious lots and a relaxed pace that appeals to many homebuyers.
Proximity to employment centers along the I?65 corridor makes the community attractive to commuters seeking affordability and space.

Families and Lifestyle

Families value the area?s schools and youth programs, along with the safe, neighborly atmosphere typical of southern Indiana communities.
Whether you are planning a day trip, relocating, or exploring real estate, Memphis, Indiana offers small?town charm with big?city convenience nearby.



FAQ – Home Values in Memphis

What is the median home value in Memphis in 2026?

In 2026, the typical home value in Memphis is about $279,938 for an average home size of 1950 square feet. This corresponds to an average price of roughly $144 per square foot.

What is the average cost per square foot in Memphis?

In 2026, homes in Memphis sell for an average of around $144 per square foot, with a typical range between $162 and $162 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Memphis is about 1950 square feet, with an estimated 2026 value around $279,938.



Locations close to Memphis, IN

Milltown, IN97 $ / ft²
Nabb, IN66 $ / ft²
New Albany, IN124 $ / ft²
Mauckport, IN103 $ / ft²
Marysville, IN83 $ / ft²
Marengo, IN156 $ / ft²
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