Is Black Oak expensive?

Black Oak, AR

State	Arkansas
Population	215
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Black Oak, AR

State

Population

215

Compared to its surrounding areas, Black Oak is somewhat less expensive, and it is substantially less expensive compared to the country as a whole. Compared to the city of Memphis, it is a bit less expensive.

Home prices

The cost of the median home in Black Oak is $73,600. In comparison to other places in this area it is about $11,320 (13%) lower.In comparison to the country as a whole it is approximately $143,900 (66%) lower, and in comparison to the city of Memphis it is approximately $28,200 (27%) lower.

United States

Manila

Memphis

Lake City

Monette

Black Oak

Leachville

Caraway

Comparison of median Black Oak home price to nearby areas

Distribution of home prices for Black Oak and nearby areas

Rents

In Black Oak the median rent is $365 per month. This is about $233 (38%) lower compared to its nearby areas.It is approximately $697 (65%) lower compared to the rest of the nation, and compared to the city of Memphis it is roughly $536 (59%) lower.

United States

Memphis

Lake City

Caraway

Manila

Leachville

Monette

Black Oak

Comparison of median Black Oak rent to nearby areas

Distribution of rents for Black Oak and nearby areas

Nearby places

Monette

Monette is approximately 4 miles north of Black Oak. Its housing prices are somewhat more expensive. The median home in Monette is valued at $84,800, which comes out to $11,200 (13%) higher than Black Oak. Its rents are somewhat more expensive. Monette's median rent is $492 per month, which works out to $127 (25%) higher than Black Oak.

Lake City

Lake City is about 4 miles west of Black Oak. Its real estate prices are a bit more expensive. The price of the median home in Lake City is $93,500, which comes out to $19,900 (21%) higher than Black Oak. Its rents are substantially more expensive. Lake City's median monthly rent is $838, which comes out to $473 (56%) higher than Black Oak.

Caraway

Caraway is approximately 5 miles south of Black Oak. Housing prices there are significantly less expensive. The median home in Caraway costs $48,800, which is $24,800 (50%) lower than Black Oak. Its rents are substantially more expensive. The median monthly rent in Caraway is $573, which works out to $208 (36%) higher than Black Oak.

Leachville

Leachville is roughly 7 miles northeast of Black Oak. Real estate prices there are pretty similar. The median home in Leachville costs $70,500, which comes out to $3,100 (4%) lower than Black Oak. Rent there is a bit more expensive. In Leachville the median monthly rent is $518, which is $153 (29%) higher than Black Oak.

Manila

Manila is about 10 miles east from Black Oak. The housing prices there are substantially more expensive. The median home in Manila is valued at $127,000, which works out to $53,400 (42%) higher than Black Oak. Its rents are significantly more expensive. The median monthly rent in Manila is $567, which works out to $202 (35%) higher than Black Oak.