House Prices

House Prices & Home Values Memphis, MO 2026


Average Data

average house price$182,060
average size per house1708 ft²
average price per ft²107 $ / ft²

06/06/2026 - The value range (VR) for house prices in Memphis, MO is $114/ sqft to $114/ sqft. An average home with 1708 sqft costs approximately $194,712 to $194,712. Memphis, MO includes 1 ZIP codes and it is located in Scotland county. The lowest prices are found in ZIP 63555, while the highest are in ZIP 63555. The average price per sqare feet is $107. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Memphis

63555121 $ / ft²




Historical development of home values in Memphis

Year Estimated value (USD) Change vs. 2025
2010 $84,552 -53.6%
2011 $81,282 -55.4%
2012 $81,063 -55.5%
2013 $84,093 -53.8%
2014 $88,275 -51.5%
2015 $92,806 -49.0%
2016 $97,649 -46.4%
2017 $102,919 -43.5%
2018 $108,609 -40.3%
2019 $113,645 -37.6%
2020 $119,520 -34.4%
2021 $135,941 -25.3%
2022 $158,477 -13.0%
2023 $167,121 -8.2%
2024 $176,790 -2.9%
2025 $182,060 0.0%

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



Example: 100% financing house in Memphis

Loan amount: $182,060

Interest rate: 6.00%

Fixed monthly payment: $1,091.54

Breakdown in the 1st month:
Interest portion: $910.30  –  Principal portion: $181.24

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,862.78 $2,235.72 $179,824.28
2 $10,724.89 $2,373.61 $177,450.67
3 $10,578.49 $2,520.01 $174,930.66
4 $10,423.06 $2,675.44 $172,255.22
5 $10,258.04 $2,840.46 $169,414.76
6 $10,082.85 $3,015.65 $166,399.11
7 $9,896.85 $3,201.65 $163,197.47
8 $9,699.38 $3,399.12 $159,798.35
9 $9,489.73 $3,608.77 $156,189.58
10 $9,267.15 $3,831.35 $152,358.23
11 $9,030.84 $4,067.66 $148,290.57
12 $8,779.96 $4,318.54 $143,972.03
13 $8,513.60 $4,584.90 $139,387.13
14 $8,230.81 $4,867.69 $134,519.44
15 $7,930.58 $5,167.92 $129,351.53
16 $7,611.84 $5,486.66 $123,864.86
17 $7,273.43 $5,825.07 $118,039.80
18 $6,914.16 $6,184.34 $111,855.45
19 $6,532.72 $6,565.78 $105,289.67
20 $6,127.76 $6,970.74 $98,318.93
21 $5,697.82 $7,400.68 $90,918.24
22 $5,241.36 $7,857.14 $83,061.10
23 $4,756.75 $8,341.75 $74,719.35
24 $4,242.25 $8,856.25 $65,863.09
25 $3,696.01 $9,402.49 $56,460.61
26 $3,116.09 $9,982.41 $46,478.19
27 $2,500.39 $10,598.11 $35,880.08
28 $1,846.72 $11,251.78 $24,628.31
29 $1,152.74 $11,945.76 $12,682.55
30 $415.95 $12,682.55 $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, MO


1500 sqft3900 sqft
Ø selling price$194,206$413,128
Ø fast selling$176,550$371,815
Ø high price sale$211,861$454,440

In 2026, houses in Memphis, MO will be offered at an average price of $107 per square foot. A 1,500 sqft home priced at $194,206 is 24.40% more expensive per square foot than a 3,900 sqft home priced at $413,128. Home prices in Memphis, MO vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $286,011. Sellers who can wait longer may achieve a higher price of up to $349,569.


Memphis, Missouri Travel & Living Guide

Overview & Location

Memphis, Missouri is the county seat of Scotland County in northeast Missouri, offering small-town charm and Midwestern hospitality.
Conveniently located at the junction of U.S. Route 136 and Missouri Route 15, Memphis, MO provides easy access to regional hubs while preserving a relaxed rural pace.

Attractions & History

Visitors can explore the historic courthouse square and local shops, then unwind at nearby Lake Show-Me for fishing, boating, and wildlife viewing.
Outdoor lovers also enjoy trails, prairie scenery, and birding around community parks and the Memphis City Lake.
The city celebrates its heritage with community events like the Scotland County Antique Fair, which brings parades, vendors, and live entertainment to downtown.
Architecture buffs appreciate preserved storefronts and landmarks that reflect the agricultural roots of Scotland County.

Community, Schools & Economy

Families value the strong Scotland County R-1 School District, youth programs, and a supportive civic network of churches and clubs.
Healthcare needs are served by Scotland County Hospital and local clinics, adding peace of mind for residents and retirees.
The local economy blends agriculture?corn, soybeans, and livestock?with small businesses, trades, and growing remote-work opportunities.
Whether you?re relocating or planning a visit, Memphis, Missouri offers friendly neighborhoods, affordable housing, and authentic rural Missouri experiences.



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 $182,060 for an average home size of 1708 square feet. This corresponds to an average price of roughly $107 per square foot.

What is the average cost per square foot in Memphis?

In 2026, homes in Memphis sell for an average of around $107 per square foot, with a typical range between $114 and $114 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 1708 square feet, with an estimated 2026 value around $182,060.



Locations close to Memphis, MO

Milan, MO119 $ / ft²
New Boston, MO106 $ / ft²
New Cambria, MO35 $ / ft²
Macon, MO89 $ / ft²
Livonia, MO87 $ / ft²
La Plata, MO62 $ / ft²




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