Why Live in Memphis
Memphis is a suburban community located near Terra Ceia Bay and the Gulf Coast, offering a small-town feel with easy access to beaches and parks. The neighborhood is characterized by its tight-knit community where neighbors look out for each other. Memphis is conveniently situated near major highways, facilitating commutes to nearby cities like St. Petersburg and Tampa. The area has a diverse range of industries, including healthcare, food service, manufacturing, and administration. Homes in Memphis feature classic coastal contemporary styles, with some luxury properties offering waterfront views and docks on Terra Ceia Bay. Additionally, there are mobile home communities and spacious residential areas with grassy yards and pine trees. Students in Memphis attend schools within the Manatee County School District, which is highly rated, including the Manatee School for the Arts known for its fine arts programs. Local attractions include Blackstone Park with athletic fields and a skate park, and Emerson Point Preserve, which offers beaches, wildlife, and walking trails. Residents can enjoy fishing, boating, and swimming along the shores of Terra Ceia Bay, with Gulf Coast beaches just 12 miles away. The commercial hub near Palmetto features grocery stores, restaurants, and small businesses, with Detwiler's Farm Market being a notable spot for fresh produce and seafood. Memphis is close to Interstates 75 and 275, providing access to larger cities and nearby airports. The community experiences long, hot summers and shorter, cool winters, with a crime rate lower than the national average.
Home Trends in Memphis, FL
On average, homes in Memphis, FL sell after 66 days on the market compared to the national average of 50 days. The median sale price for homes in Memphis, FL over the last 12 months is $285,000, down 5% from the median home sale price over the previous 12 months.
Median Sale Price
$285,000
Median Single Family Sale Price
$290,000
Average Price Per Sq Ft
$236
Number of Homes for Sale
15
Last 12 months Home Sales
53
Median List Price
$304,499
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-5%