Home prices
The cost of the median home in Myrtlewood is $72,500. Compared to its surrounding areas it is approximately $8,040 (9%) lower.It is approximately $145,000 (66%) lower in comparison to the country as a whole, and compared to the city of Tuscaloosa it is approximately $106,400 (59%) lower.
Rents
In Myrtlewood the median rent is $806 a month. Compared to its nearby areas it is about $191 (30%) higher.It is about $256 (24%) lower compared to the rest of the country, and is about $38 (4%) lower in comparison to the city of Tuscaloosa.
Nearby places
Pennington
Pennington is approximately 6 miles southwest of Myrtlewood. The housing prices there are substantially less expensive. The median home price in Pennington is $48,300, which comes out to $24,200 (50%) lower than Myrtlewood. Its rents are a bit less expensive. In Pennington the median monthly rent is $680, which works out to $126 (18%) lower than Myrtlewood.
Linden
Linden is about 8 miles northeast of Myrtlewood. Its real estate prices are a little more expensive. The value of the median home in Linden is $90,600, which is $18,100 (19%) higher than Myrtlewood. The rent there is a little less expensive. The median rent in Linden is $624 per month, which is $182 (29%) lower than Myrtlewood.
Butler
Butler is approximately 17 miles southwest of Myrtlewood. Real estate prices there are a little more expensive. The cost of the median home in Butler is $79,500, which comes out to $7,000 (8%) higher than Myrtlewood. Rents there are significantly less expensive. The median rent in Butler is $491 per month, which works out to $315 (64%) lower than Myrtlewood.
Lisman
Lisman is roughly 19 miles west of Myrtlewood. Real estate prices there are somewhat less expensive. Lisman's median home cost is $66,900, which works out to $5,600 (8%) lower than Myrtlewood. Rent there is a bit less expensive. The median monthly rent in Lisman is $745, which is $61 (8%) lower than Myrtlewood.
Demopolis
Demopolis is about 19 miles north from Myrtlewood. Real estate prices there are significantly more expensive. The median home in Demopolis is valued at $117,400, which works out to $44,900 (38%) higher than Myrtlewood. Rents there are a lot less expensive. The median rent in Demopolis is $537 a month, which works out to $269 (50%) lower than Myrtlewood.