Zip 68042 (Memphis, NE) Housing

The housing median value in Memphis, NE 68042 is $140,900 which is much lower than the US house median value of $338,100. Over the course of one year, the US house appreciation rate was 8.27%, while the Memphis area saw a higher rate of appreciation at 9.63%. Therefore, Memphis is an attractive area for those looking to purchase property as it offers better returns on their investment than the national average.

The median home cost in Memphis (zip 68042) is $140,900. Home appreciation the last 10 years has been 83.7%. Home Appreciation in Memphis (zip 68042) is up 16.0%.

Average Age of Homes

- The median age of Memphis (zip 68042) real estate is 44 years old

The Rental Market in Memphis (zip 68042)

- Renters make up 9.3% of the Memphis (zip 68042) population
- 0.0% of houses and apartments in Memphis (zip 68042), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Memphis, Nebraska	United States
	36.0	139,647,020.0
	24	42
	$140,900	$338,100
	16.0%	16.6%
	52.2%	57.0%
	83.7%	101.1%
	$15.53	$10.98
	$1,450	$2,690
	66.7%	57.4%
	33.3%	11.2%
	0.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	22.2%	3.6%
	11.1%	4.1%
Value of Owner-Occupied Housing
	12.5%	2.6%
	0.0%	2.4%
	12.5%	2.8%
	16.7%	3.9%
	0.0%	4.5%
	12.5%	11.3%
	16.7%	13.0%
	29.2%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	41.7%	13.6%
	41.7%	13.6%
	25.0%	13.6%
	5.6%	13.2%
	2.8%	14.8%
	25.0%	13.6%
	5.6%	10.0%
	0.0%	4.7%
	16.7%	12.2%

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