Home prices
The median home in Dermott is valued at $70,800. This is roughly $12,920 (22%) higher compared to the surrounding areas.It is about $146,700 (67%) lower compared to the country as a whole, and in comparison to the city of Monroe it is approximately $68,800 (49%) lower.
Rents
Dermott's median monthly rent is $569. This is about $64 (12%) higher in comparison to the surrounding areas.It is about $493 (46%) lower compared to the nation as a whole, and is approximately $133 (18%) lower in comparison to the city of Monroe.
Nearby places
McGehee
McGehee is approximately 7 miles north of Dermott. The housing prices there are a little more expensive. The median home in McGehee is valued at $85,400, which comes out to $14,600 (17%) higher than Dermott. Rents there are a bit less expensive. The median monthly rent in McGehee is $466, which comes out to $103 (22%) lower than Dermott.
Reed
Reed is about 12 miles north of Dermott. The housing prices there are substantially less expensive. The price of the median home in Reed is $44,400, which comes out to $26,400 (59%) lower than Dermott. Rent there is substantially less expensive. The median monthly rent in Reed is $328, which works out to $241 (73%) lower than Dermott.
Arkansas City
Arkansas City is about 13 miles northeast of Dermott. The housing prices there are a bit less expensive. The median home value in Arkansas City is $60,000, which works out to $10,800 (17%) lower than Dermott. Rents there are pretty similar. In Arkansas City the median rent is $595 per month, which comes out to $26 (4%) higher than Dermott.
Lake Village
Lake Village is about 16 miles southeast from Dermott. Real estate prices there are pretty similar. The value of the median home in Lake Village is $68,300, which is $2,500 (3%) lower than Dermott. Rent there is similar. Lake Village's median rent is $559 per month, which is $10 (1%) lower than Dermott.
Montrose
Montrose is about 17 miles south from Dermott. The housing prices there are a lot less expensive. The median home price in Montrose is $31,300, which is $39,500 (126%) lower than Dermott. The rent there is pretty similar. In Montrose the median monthly rent is $575, which works out to $6 (1%) higher than Dermott.
