Commercial Real Estate Market in Memphis, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 226 off-market properties in Memphis, MO.
Market Trends
Memphis, MO spans 193.8 square miles in Scotland County, Missouri. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Memphis, MO runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Memphis, MO runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Memphis, MO runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Memphis, MO runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Memphis, MO has 3,182 residents in 1,374 households. Density runs 16 people per square mile. Median household income here is $65,096 and median gross rent $499 a month.
3,182
Population
1,374
Households
2.3
Avg Household Size
38
Median Age
17%
College-Educated
85%
High-School Grad
193.8 sq mi
ZIP Area
16
Density / Sq Mi
$65,096
Median Household Income
$29,663
Median Earnings
$499
Median Rent
$142,600
Median Home Value
Tools
Nearby Markets
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Memphis, MO. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
