House Prices

House Prices & Home Values Memphis, MI 2026


Average Data

average house price$280,000
average size per house2462 ft²
average price per ft²114 $ / ft²

06/10/2026 - The value range (VR) for house prices in Memphis, MI is $109/ sqft to $109/ sqft. An average home with 2462 sqft costs approximately $268,358 to $268,358. Memphis, MI includes 1 ZIP codes and it is located in St. Clair county. The lowest prices are found in ZIP 48041, while the highest are in ZIP 48041. The average price per sqare feet is $114. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Memphis

48041113 $ / ft²




Historical development of home values in Memphis

Year Estimated value (USD) Change vs. 2025
2010 $130,037 -53.6%
2011 $125,009 -55.4%
2012 $124,672 -55.5%
2013 $129,332 -53.8%
2014 $135,763 -51.5%
2015 $142,731 -49.0%
2016 $150,179 -46.4%
2017 $158,285 -43.5%
2018 $167,036 -40.3%
2019 $174,781 -37.6%
2020 $183,816 -34.4%
2021 $209,071 -25.3%
2022 $243,730 -13.0%
2023 $257,025 -8.2%
2024 $271,894 -2.9%
2025 $280,000 0.0%

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



Example: 100% financing house in Memphis

Loan amount: $280,000

Interest rate: 6.00%

Fixed monthly payment: $1,678.74

Breakdown in the 1st month:
Interest portion: $1,400.00  –  Principal portion: $278.74

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,706.46 $3,438.43 $276,561.57
2 $16,494.39 $3,650.51 $272,911.06
3 $16,269.23 $3,875.66 $269,035.40
4 $16,030.19 $4,114.71 $264,920.69
5 $15,776.41 $4,368.49 $260,552.20
6 $15,506.97 $4,637.93 $255,914.27
7 $15,220.91 $4,923.99 $250,990.28
8 $14,917.21 $5,227.69 $245,762.59
9 $14,594.78 $5,550.12 $240,212.47
10 $14,252.46 $5,892.44 $234,320.03
11 $13,889.02 $6,255.87 $228,064.16
12 $13,503.18 $6,641.72 $221,422.43
13 $13,093.53 $7,051.37 $214,371.07
14 $12,658.62 $7,486.28 $206,884.78
15 $12,196.88 $7,948.02 $198,936.76
16 $11,706.66 $8,438.24 $190,498.53
17 $11,186.21 $8,958.69 $181,539.84
18 $10,633.66 $9,511.24 $172,028.60
19 $10,047.03 $10,097.87 $161,930.73
20 $9,424.21 $10,720.69 $151,210.04
21 $8,762.98 $11,381.92 $139,828.13
22 $8,060.97 $12,083.93 $127,744.20
23 $7,315.66 $12,829.24 $114,914.96
24 $6,524.38 $13,620.52 $101,294.44
25 $5,684.30 $14,460.60 $86,833.84
26 $4,792.40 $15,352.50 $71,481.35
27 $3,845.49 $16,299.41 $55,181.94
28 $2,840.18 $17,304.72 $37,877.22
29 $1,772.86 $18,372.04 $19,505.18
30 $639.71 $19,505.18 $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, MI


1500 sqft3900 sqft
Ø selling price$206,911$440,155
Ø fast selling$188,101$396,139
Ø high price sale$225,721$484,170

In 2026, houses in Memphis, MI will be offered at an average price of $114 per square foot. A 1,500 sqft home priced at $206,911 is 23.81% more expensive per square foot than a 3,900 sqft home priced at $440,155. Home prices in Memphis, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $304,722. Sellers who can wait longer may achieve a higher price of up to $372,439.


Discover Memphis, MI

Explore Memphis, MI, a friendly small city with classic Midwestern charm and easy access to rural landscapes. Located along M-19 in both St. Clair County and Macomb County, Memphis Michigan blends quiet neighborhoods with convenient regional connections.

Location and Lifestyle

Families appreciate the strong community spirit, walkable streets, and local schools that anchor daily life in and around downtown Memphis. Commuters enjoy quick routes to I?69 and nearby job centers while keeping the slower pace of a countryside town.

Things to Do and Outdoors

Outdoor lovers find fishing, paddling, and scenic strolls along the Belle River, plus ball fields and playgrounds in welcoming city parks. When you?re hungry, downtown offers cozy diners, pizza spots, and family-owned restaurants, with seasonal farm stands and markets close by.

Community and Events

Community calendars feature parades, car shows, and holiday gatherings that bring neighbors together throughout the year. Local history is celebrated in landmarks and stories from early railroad days to present, giving Memphis a proud, authentic identity.

Real Estate and Local Services

The Memphis, MI real estate market ranges from classic bungalows to country homes, offering value for first-time buyers and growing families. If you?re searching for things to do in Memphis MI or planning a move, start with downtown shops,
riverfront parks, and friendly businesses that make this community shine.



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 $280,000 for an average home size of 2462 square feet. This corresponds to an average price of roughly $114 per square foot.

What is the average cost per square foot in Memphis?

In 2026, homes in Memphis sell for an average of around $114 per square foot, with a typical range between $109 and $109 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 2462 square feet, with an estimated 2026 value around $280,000.



Locations close to Memphis, MI

Macomb, MI163 $ / ft²
Mount Clemens, MI136 $ / ft²
Harrison Township, MI187 $ / ft²
Marysville, MI99 $ / ft²
Marine City, MI153 $ / ft²
Clinton Township, MI173 $ / ft²




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