Foreclosure Homes in Memphis, NE

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View this home at Davenport St Memphis NE 68042
Tax Lien
$133,110 EMV

| 980 Sq. Ft.

View this home at Hannibal St Memphis NE 68042
Tax Lien
$109,055 EMV

3 Bed | 2 Bath | 912 Sq. Ft.

View this home at Dubuque St Memphis NE 68042
Tax Lien
$90,911 EMV

| 1,634 Sq. Ft.

View this home at Hannibal St Memphis NE 68042
Tax Lien
$89,398 EMV

2 Bed | 1 Bath | 738 Sq. Ft.

View this home at Davenport St Memphis NE 68042
$79,610 EMV

1 Bed | 1 Bath | 833 Sq. Ft.

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Home Value Estimator For Memphis, NE

There are currently 62 real estate properties in Memphis, NE, with a median automated valuation model (AVM) price of $187,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Memphis, NE, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Memphis, NE, is $345,924.00, with the most expensive house in Memphis, NE, topping out at $1,874,700.00 and the cheapest home in Memphis, NE, clocking in at $64,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Memphis, NE!

Rent Prices In Memphis, NE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Memphis, NE, is on a rollercoaster ride. The average rent price in Memphis, NE, is $1,225.00. Indeed, when looking to rent in Memphis, NE, you can expect to pay as little as $640.00 or as much as $2,220.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Memphis, NE -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Memphis, NE

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Memphis, NE area at Get information on foreclosure homes for rent, how to buy foreclosures in Memphis, NE and much more. Save thousands at closing with home foreclosure listings in Memphis, NE — up to 75% off market value!

Top Reasons To Live In Memphis, NE In 2023

Memphis is located in Saunders, Nebraska, with an estimated municipal population of 110 residents. All of the best foreclosed homes for sale in Memphis are located in the following zip code areas on 68042. The estimated population per square kilometer (.62 miles) in Memphis is 488.

Cost Of Living In Memphis, NE

So, about how much do homes cost in Memphis? The most recent median value of resident-owned homes in Memphis is 98,611. An estimated 96.4 percent of households in Memphis own their homes, with an average family size of 2.71. For working parents and professionals who are searching for cheap homes in Memphis, the median commute time of resident workers (in minutes) is 31.1.

Diversity And Demographics In Memphis, Nebraska

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Memphis, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Memphis is 46.5, split between 55.4 percent male versus 44.6 female. The percentage of residents who report being married in Memphis is 48.4, with an average family size of 2.71.

The percentage of residents who report their race in Memphis is as follows:

White 77%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 23%
Other 0%

Looking for family-friendly neighborhoods in and/or near Memphis? Or maybe you are searching for 55+ active adult communities in and/or near Memphis?

The percentage of residents who report their age in Memphis is as follows:

Under 10 13.6%
Aged 10-19 5.4%
20s 21.6%
30s 5.5%
40s 8.1%
50s 10.8%
60s 20.3%
70s 8.1%
80+ 6.8%

Best Schools In Memphis, Nebraska

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Memphis with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Memphis.

Pros And Cons Of Living In Memphis, Nebraska

How do you know that living in -- or moving to -- Memphis is right where you need to be? Perhaps you grew up in Memphis or already live nearby; therefore, the decision to buy a home in Memphis is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Memphis for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Memphis:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Memphis.

Reasons To Move To Memphis, Nebraska, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Memphis can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Memphis, meanwhile, can field multiple offers from more qualified buyers.

Memphis, NE Foreclosures


Listing types in Memphis, NE

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